Step 1: Discovery meeting
Sit down together and work out if we are a good fit for each other. This occurs in a discovery meeting.
In the discovery meeting we discuss your current financial situation, your goals in life and the time frame you have in mind for achieving them. Once we know where you are today and what your objectives are for the future, it’s about working together to map out a plan to get there.
Step 2: Proposal
Your financial adviser will prepare a proposal for you which gives a high-level overview of suggested areas of advice, the realistic time frame of your goals and an estimate of the pricing.
Step 3: Plan
Your financial adviser prepares the plan. This includes the strategy and action plan to help you achieve your objectives and build the life you want. The plan will include things like:
- Investments
- Savings plans
- Superannuation
- Risk protection
- Estate plans
Step 4: Implement the plan
The strategy is presented to you as a documented financial advice plan. Discuss the plan, ask any questions, and make any modifications required. Once you agree to the plan and sign off on it, your financial adviser implements plan.
Step 5: Review
You'll agree on how often the advice should be reviewed. It’s important to keep the plan updated and adapt it when circumstances change. Personal circumstances change, legislation changes, and investment
