Comprehensive Financial Planning

It’s often said that successful financial planning is "having the money and resources available to you when you need it" and this is what this service is designed to accomplish for you. Once you’ve experienced this comprehensive financial planning approach you should have a much clearer understanding of how you can achieve your financial goals and when they can be achieved.

So that you (and us) can ensure that your experience of financial planning gives you what you expect, we’ve developed a 9 step process designed to keep everything on track. This is crucial as by its nature comprehensive financial planning includes a lot of detail and research supplied by both client and financial planner.

The process aims to give us all the certainty that we cover all the steps necessary to give you the outcome that you’re paying us to deliver.

What We Do

In brief, the 9 steps are:

Initial Telephone Discussion

This will enable us to establish what you are trying to accomplish and where we may be able to help. This usually takes 20 – 30 minutes.

Arrange a Meeting and Send a Review Pack

One of the keys to the initial meeting is to ensure the time spent is as productive as possible. In advance of our meeting we’ll send you some paperwork to complete and ask you to supply us with a list of your policies and current financial arrangements. We’ll also ask for a brief overview of your objectives. At this stage we don’t approach any of your existing financial providers.  The main purpose of the meeting is for us to demonstrate the role that we can perform for you, to discuss your objectives in more detail and also give you our opinion on the likely effectiveness of your current arrangements.

At this stage we’ll ask you to read and sign our Client Agreement. This includes your authority for us to start work for you. We’ll give you an estimate of the fees. This estimate includes all the financial strategy research, but excludes any implementation charges. We will post a fixed price Fee Agreement to you after the meeting for you to sign.

I have collected a number of policies over the years, and I now realise that they did not make any sense to me at all.

When Graeme introduced me to Holistic Financial Planning, it was a revelation. I now know where I am with my financial affairs, as the cash flow projection allowed me to see into the future and identify how my investments will help me achieve my goals.

It was also interesting and illuminating to see the price of products with the commission taken out!

The comprehensive report I received confirms this and gives me the confidence and peace of mind in knowing that I am on track to achieve my primary objective of financial security in retirement.

What’s more Graeme has given me confidence that my planning is not only sufficient to allow me to slowdown my work from 55 to 60 but also allows me the opportunity to buy the family holiday home that we’ve always wanted.
Quite simply and above everything else, Holistic Financial Planning has given me peace of mind.
Lawrence Newman, Maxillofacial Surgeon – UCH


Initial Meeting

At this stage we’ll agree a course of action at the start of the whole process. It’s imperative that timescales are set before any work is carried out so that:

- Your expectations are managed

- Our expectations are managed

- The process is enjoyable, not a chore

- Real results are achieved

- Your fees are kept within the original proposal

We will discuss timescales with you at the meeting and agree a course of action.

Establish Your Current Position

Before a financial planning strategy can be built we must determine exactly where you are now. Our client support team liaise directly with the insurance companies and investment houses with which you already have arrangements so that we can compile an accurate picture.

We’ll ask you to complete a spending plan using an excel spreadsheet, supplied by us. We’ll also email you a link to a website for you to complete a risk assessment questionnaire (or we’ll post a paper copy to you).

Creation of a Financial Planning Strategy

To demonstrate how far your existing arrangements come to helping you achieve your objectives we build a personal financial forecastcast for you (we show you an example of this in the initial meeting) of your planning as it stands at the moment. This forecast enables us to identify areas of weakness and vulnerability in your planning.

The most important purpose that this exercise plays is that it helps us identify and quantify any shortfalls you may have if you leave your planning as it stands. In addition to creating this model we also review your protection provision. This is important so that we can compare what you have with what you need to ensure that your planning is not jeopardised if you are ill or die.

Whilst your forecasts are created, the financial planning team work alongside your financial planner and between them they prepare an agenda of areas that require attention and where appropriate will complete the necessary research to be able to make a firm recommendation(s).

Strategy Meeting

We will reaffirm your objectives and analyse the financial forecasts. From this point we can outline the strategy you should adopt to achieve your objectives. This will incorporate wealth creation, using our structured investment process and wealth preservation which aims to ensure that once financial independence is achieved your position is protected and the underpinning of your entire programme with the appropriate insurance to guard against illness or death.

Detailed Report

Following our strategy review meeting we will send you a summary report outlining our specific recommendations and advice.

Implementation

Once you are happy with the course of action that you wish to take in order to build on your existing planning our client support team will undertake any processing requirements.

Future Annual Reviews

The most important factor in achieving your objectives is ongoing monitoring. Our carefully developed future review process will aim to ensure your financial programme is kept on track and any changes in your circumstances can be catered for.

How We Charge

This service is fee based (agreed with you in advance). The bulk of the fee is payable when the work is complete and you have received your financial plan in writing.

To find out more about the Comprehensive Financial Planning service please click here to go to the enquiry form. We’ll get in contact with you within 24 hours.

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