The Planning Process

Everyone is different, with differing financial resources, lifestyle needs and personal aspirations.

Your Financial Planner firstly spends time getting to know you and establishing what resources you currently have available to you.

You then work together to determine your individual needs and goals for the short, medium and long term, and your Financial Planner will assist you in both quantifying and prioritising each of these defined goals.

Through goal setting, your Financial Planner constructs a "road map" of where you’re heading in life, and all the stops you want to take along the way.

Having helped you to define your future goals, your Financial Plannerr will then investigate and assess the strategies which are relevant to you, giving due consideration to such things as: budgeting; maximising your cash flow; minimising taxation; investments (both superannuation and non-superannuation); insurances to protect your lifestyle, family and financial assets; and estate planning needs.

At the conclusion of this process your Financial Planner will present personalised recommendations for your consideration and review in the form of a Statement of Advice.

Your Financial Planner will spend the time to explain the options available to you, focusing on how they could impact on your ability to achieve your documented goals.

Once you’ve agreed on the appropriate course of action, the Financial Planner and their support team work together to ensure all aspects of your plan are properly implemented in the way you have chosen.

Every financial plan, no matter how carefully structured, is vulnerable to the effects of change over time.

Changes to your personal circumstances, legislation, Centrelink benefits and taxation laws, as well as changes to the financial markets, all affect your financial plan and its ability to achieve your defined goals.

Your Financial Planner can offer you a review service where they revisit your goals and priorities in light of all the changing circumstances, and make any required adjustments to your strategies or investments to ensure you remain on track.

Of course, you’re able to make contact with your Financial Planner or their support team outside of these scheduled reviews should you need assistance or guidance in the interim.