Initial Meeting and Information gathering
We will clearly explain or document the services to be provided to you and define both our and your responsibilities.
We will explain in full how we will be paid and by whom.
Together we will agree on how long the professional relationship should last and how decisions will be made.
Identifying Personal Goals and objectives
We will ask for information about your financial situation.
Together we will mutually define your personal and financial goals, understand your time frame for results and discuss how you feel about risk.
We will gather all necessary documents before giving you the advice you need.
Financial Plan Presentation
We analyse your information to access your current situation and determine what you must do to meet your goals.
Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.
We will then offer financial planning recommendations that address your goals, based on the information you provide.
Together we will go over the recommendations with you to help you understand them so that you can make informed decisions.
We will also then listen to your concerns and revise the recommendations as appropriate.
Implementation of the Financial Plan
With our help we will agree on how the recommendations will be carried out.
We will then carry out the recommendations or serve as your “coach”, coordinating the whole process with you and other professionals such as attorneys and legal teams etc.
Regular Financial Plan Reviews
Together we will agree on who will monitor your progress towards your goals.
If we are in charge of the process, we will report to you periodically to review your situation, and to adjust the recommendations, if needed, as your life changes.