Your Plan

This is the really exciting bit! This is the process that helps make your plans happen.

It is our relationship with our clients, so we are told, that sets us apart in the field of financial planning. We want to share in your plans so as to make them happen – our unique Your Plan process puts the building blocks in place:

Your Plan Design
Your Plan Design

Your Plan, Step 1 – Design

In the Design stage, you and your Financial Planner will meet for an initial exploratory meeting, where the emphasis is on getting to know each other. This is the point where we to start to assess your current financial position, as well as help you articulate your goals for the planning process.

At our second meeting we really dig deep into the life planning aspect, using our proven ‘three question technique’, to define the vision by which you want to live and then inspire you to want to accomplish your life’s purposes.

We will provide a wealth forecast at a third meeting to help project your finances into the future using some assumptions agreed between us. We can use these figures to model a series of “What if” scenarios to see the impact that certain events will have on your financial future.

At this stage we will also investigate all the nitty-gritty stuff in terms of your existing investments, pensions and policies to see how they measure up against your stated goals. We can also highlight if there are any perceived obstacles.

We will research all the available options to help you realise your financial ambitions and will then design a suggested way forward. There is plenty of opportunity to ask any questions you may have.

For more information on the Your Plan process, visit our dedicated Your Plan microsite.

Your Plan Build
Your Plan Build

Your Plan, Step 2 – Build

When you’ve given us your agreement, we will begin building a Financial Life Plan for you, based on our knowledge and the information you’ve given us. We will arrange another face to face meeting to present our recommendations to you in writing, finalising all the paperwork with you and ensuring everything is processed smoothly. We will keep you informed every step of the way, and summarise everything for you when it is complete.

Every client and every case is different, so it is impossible to know the likely cost of a case until we have done the research in the Design stage. Rest assured however, you will know the precise cost of implementing our recommendations before you give us the authority to begin work.

For more information on the Your Plan process, visit our dedicated Your Plan microsite.

Your Plan Maintain
Your Plan Maintain

Your Plan, Step 3 – Maintain

We believe that if we have put in place a Financial Life Plan for you, once it is being executed, we should continue to regularly maintain or review it with you;

  • to make sure that it stays on track to achieve what you intended
  • to make sure it stands up against changing legislation
  • to make sure that it reflects any changes in your circumstances

Our annual planning meeting with you is therefore a fundamental part of our relationship with you. It is a chance not only to review income and expenditure but also a great opportunity to re-evaluate your objectives and fine tune our recommendations if your goals have changed in any way. We also hold a six month interim review to check everything is on target. These review meetings are forward-looking and not retrospective – we discuss your desired future and how well your Financial Life Plan is performing in line with meeting that future.

Please click on the link here to see how a Financial Life Plan could benefit you.

For more information on the Your Plan process, visit our dedicated Your Plan microsite.

One life, live it! Take the first steps to creating your Financial Life Plan by visiting our dedicated Your Plan website.