We are guided by the process that the global Financial Planning Standards Board (FPSB) has set out for Certified Financial Planners.
The Financial Planning Standards Board defines financial planning as a process of developing strategies to help people manage their financial affairs to meet life goals.
By working on a fee basis, we keep all steps transparent – we are not driven by the hidden commissions or incentives that would compromise our belief in truly independent advice.
An initial consultation involves meeting with you to discuss your present situation and what you hope to achieve. We collect information, then follow up with a Letter of Engagement which outlines what we will cover in a Financial or Investment Plan and estimated cost.
In the Plan we will:
We will meet with you to present and discuss the plan as well as finalise the action points.
In the plan, we will identify what action is required and who is responsible for implementing the recommendations. This stage may involve other parties including your lawyer, accountant, insurance broker, banker or mortgage broker. Our ability to co-ordinate the parties is a useful part of our service.
The recommendations that relate to your investment strategy will be actioned by Stuart Carlyon and will typically involve setting up a portfolio account for the money you have available to invest. Any commissions, if any, are rebated to you
For clients with money to invest, our Investment Management Service will manage, and monitor your investments and will report to you on a regular review basis. These points of regular contact provide an opportunity to consider any adjustments due to changes in your circumstances, changes in the legal, taxation or investment landscape.
For clients building their wealth, we recommend a regular review of your financial situation to keep you on track to achieving your goals. This can be on a consultation basis at your behest.
I really wanted to tell you that I'm very grateful I came to see you all those years ago in 1987.