We always offer an initial meeting with you without charge and without obligation. We prefer this initial meeting to be at our offices in Malvern, but if this is not possible, we can usually come to meet you at home or at your place of work.
The initial meeting helps us chat through your requirements. It lets us talk about how we might (or in some cases might not) be able to help you, and what the likely costs of our services would be.
Following this initial meeting, we will write to you and set out our understanding of your financial planning needs. At this stage, we will also confirm to you the cost of our services. If you wish to proceed and to work with us, you simply need to let us know that you would like to go ahead.
We are often asked to provide an opinion on an existing investment or pension portfolio. We can also provide a critique on advice you have received from another financial adviser in the strictest of confidence.
Financial Planning is an ongoing process to help you make sensible decisions about money that can help you achieve your goals in life; it's not just about buying products like a pension or an ISA.
It might involve putting appropriate wills in place to protect your family, thinking about how your family will manage without your income should you fall ill or die prematurely, spending money differently, but it involves thinking about all of these things together i.e. your 'plan'. You can build a plan on your own, or if your needs are more complex you might want the help of a Financial Planner.
1. Establish your goals in life – short, medium and long term
2. Work out what assets and liabilities you have – write them down
3. Evaluate your current financial position – how close are you to achieving your goals
4. Develop your plan – create a "route map" for achieving your different goals
5. Implement your plan – make the changes and make it happen
6. Monitor and review your plan at least yearly and make adjustments when needed
Start by working out your goals in life, in the short, medium and long term. Prioritise them, and think about the likely cost of those goals and when you will need the money, so you can start to plan your finances to work out how to achieve them. Don't forget you also have to plan for some of the hurdles you may have to overcome too. It's about getting organised; being in control of your finances rather than letting your finances control you.
By planning your finances to meet your goals you will: