Getting to Know You – Initial Consultation:
First, we’ll have an informal chat where you can share your financial goals, concerns, and expectations. This is also a perfect time for you to learn more about how I can help you. Think of this as a get-to-know-each-other session, making sure our partnership will be a great fit.
Understanding Your Financial Landscape – Fact Find ‘The discovery meeting’:
To tailor advice that truly fits your needs, we need to gather a bit about your financial situation. This includes your income, debts, investments, and even your retirement aspirations. This step isn’t just about numbers; it’s about understanding your dreams and how I can help you achieve them.
Crafting Your Plan:
Using the information from our fact find, we will develop a financial plan that addresses your specific needs and goals. This plan is your roadmap to financial security and will include strategies tailored just for you.
Reviewing the Plan Together:
We’ll go over your financial plan in detail. I’ll explain the reasoning behind each recommendation, ensuring you understand how they contribute to your goals. Your input is crucial here, and any tweaks or questions you have are more than welcome!
Putting Your Plan into Action:
Once you’re happy with the plan, it’s time to put it into motion. I’ll guide you through the necessary steps, whether it’s setting up new accounts, adjusting your budget, or making investments.
Ongoing Support and Adjustments:
Your financial journey isn’t static, so regular check-ins are essential. We’ll review your plan annually to ensure it remains aligned with any changes in your life or financial circumstances. Expect transparency and proactive communication from my side, always keeping you in the loop.
Ensuring Everything Is Up to Standard:
Here in Australia, we follow strict guidelines to ensure you receive advice that’s not only comprehensive but also in your best interests. These include:
- Best Interest Duty: As your adviser, I am legally required to put your interests first, ensuring that the advice given helps achieve your financial goals.
- Disclosure Requirements: You will receive all the necessary documentation about the advice process, including a Financial Services Guide, a Statement of Advice, and regular statements to keep everything transparent.
- Professional Standards: I am committed to maintaining and updating my qualifications and knowledge through continuous professional development, ensuring that you receive the most current and effective advice.
Your trust and confidence in me are paramount, and we want to assure you that your financial well-being is in capable hands. If you have any questions about the process or anything else, please don’t hesitate to reach out. The team at Rekab Advice are here to assist and guide you every step of the way!