Financial Planning and Financial Advice Brisbane

Getting the right information about financial planning and advice now will help you make the best choices for your future financial position, security and happiness.
Each financial plan that we prepare is unique since it is based on your circumstances and designed to meet your own personal and financial goals. There are fundamental steps in financial planning that all our clients take.

We will firstly meet at a mutually agreeable time and place to obtain an understanding of your concerns. We call this the discovery meeting. During this meeting we will get to know more about each other so that you feel we are a good fit. As we don’t see advice as a transaction, it is important for us to gain your trust, so you feel confident in taking advice from us now and in the future. We will discuss your lifestyle and financial goals so that we understand what drives and excites you. We also discuss the potential cost of advice if you engage us.

Next, we get together to discuss your financial details in a bit more detail. This will be where we get your full financial picture (like income, assets, liabilities) if this was not provided earlier. We will consider some potential strategies that may help you now and discuss how the future may look for you. At this time we will gain your authority to engage us if we have not already done so.

The most formal meeting is the financial advice meeting. This is where we provide you with a Statement of Advice (SoA) which is your written financial plan. This will include your goals and objectives and how we intend on solving and achieving them. This will explain in detail what strategies are being employed, products (if any) are being recommended and the total costs and consequences. You may still have questions about the advice you are receiving, and we answer these at the meeting. If your situation or goals have changed slightly, we may modify the advice at that meeting or potentially require another time to finalise. You will leave this meeting with a full understanding of what your goals were, and the process we are using to achieve them. This will give you more confidence and certainty in the future.

In the future, most plans require some tweaking. These review meetings are agreed upon between you and us and will be performed so that we can make sure advice is still appropriate. Sometimes you will have life events like marriage, purchasing a home, increasing your family or perhaps an unfortunate medical event. When these occur, we may need to hold your hand to make sure your plan stays on track. We may discuss how investments are performing, how your debt is reducing or anything else impacting your ability to continue your plan. This may involve a minor or major change. Either way, as the financial planner Brisbane trusts, we will be there to assist you.