Prudent Financial Planning is dedicated to helping people achieve both their personal and financial goals
The Below process is used:
1. Information gathering & fact-finding
Our first meeting will revolve around getting to know you. We will gather personal and financial information which will allow us to provide you with a personalised plan to meet your needs. We will also provide you with a Financial Services Guide detailing who we are, what we can do for you and other important information.
2. Identifying your goals
One of, if not the most important part of the planning process is the identification of your needs, goals and objectives, including:
Income levels required to maintain your current / desired lifestyle
Asset accumulation over your working life
Protection of lifestyle, income and assets via adequate risk insurance (death, disability, trauma and income protection)
Investing surplus income and assets in line with your attitude to risk
Future capital needs such as buying or upgrading your home or future education expenses
Planning for your eventual retirement via superannuation, pre-retirement and pension strategies
Maximising Centrelink benefits
Estate planning via establishment of a Will, and Powers of Attorney
Business succession planning
3. Preparation of a financial plan
We will present you a plan with clearly identified recommendations relating to your goals and objectives. Where necessary we will prepare and include financial models to assist in the explanation of our recommendations.
We will also provide appropriate documents such as Product Disclosure Statements as required.
4. Implementing Your Plan
If you agree to proceed with our recommendations we will implement the plan as efficiently and as quickly as possible.
5. Reviewing Your Plan
Ongoing services are a vital part of our relationship and can include:
Regular review of your financial goals and revising strategies if and when required
investment portfolio valuations and reviews
information on new investment and insurance opportunities
ongoing communications and consultations
6. Relax
Sit back and relax in the knowledge that your money is working for you to secure your tommorow.
