Step 1: Understanding your needs
The first thing to do is set up an obligation free meeting. Your financial planner will take the time to get to know you and learn about your current situation and goals. They will guide you through everything you need to consider to identify strategies for success. Your financial planner will ask you to consider:
- Your time – Which stage of life are you in currently and what timeframes do you need to consider for investments
- Your attitude – Do you want to achieve your goals sooner or are you prepared to wait to see long term results? What risks are you prepared to take?
- Your circumstances – What are your immediate cash flow needs? Do you want your investments to grow or do you need them to provide an income as well?
- Your options – What are efficient tax strategies for you considering your current circumstances?
Together you and your financial planner will be able to build a personal profile from which your financial plan can be developed.
Step 2: Preparing a recommendation
Once you and your financial planner have come to an understanding of what it is you wish to achieve you will discuss the cost of preparing a statement of advice which details the strategies you need to implement to achieve your goals. Your statement of advice will include recommendations in writing, detailing every step of the proposal.
It is at this point that we mutually agree to proceed to the next step of preparing your financial plan.
Step 3: Implementing your strategy
Now that your financial plan has been finalised, it’s time to put it into action.
Your adviser will take you through their recommendations, give you practical advice on how to implement them and allow you to ask questions and make any necessary changes.
As part of your financial planning service, End2End will help you lodge your investments and should you require any additional help, your financial planner will only be a phone call away.
Step 4: Reviewing and updating your plan
As time goes by, you may find that your needs will change. Your financial planner can help ensure that your financial plan continues to meet your changing circumstances. By providing you with ongoing support, your financial planner will be able to recommend options that suit your current needs whether they revolve around wealth creation, wealth protection, superannuation or retirement incomes.
End2End invites you to take the steps to give yourself opportunity to achieve your financial goals.
