Everyone has different financial resources, lifestyle needs and personal aspirations, so the right kind of advice can really make a big difference.
At People's Choice, our Financial Planners are duly qualified, skilled and experienced to help you achieve financial success for the long term.
A Financial Planner's priority is to truly get to know you and to understand what you want to achieve financially. Once they have this understanding, they can provide financial advice and tailored strategies designed to help you achieve your lifestyle and financial goals. Whether you're approaching retirement or just starting out, it's never too early or too late.
How does it work?
The first consultation is complimentary and without obligation. This initial meeting is designed for you to get a feel for what the process means to you, how we may be able to help you, and provide you with an estimate of what the process may cost if you want to proceed.
From there, you'll be taken through the following steps to help you succeed.
Step 1: Defining your current situation
Your Financial Planner will first and foremost spend time getting to know you and establishing what resources you currently have available to you. You'll then work together to determine your individual needs and goals for the short, medium and long term. You'll get help in both quantifying and prioritising each of these defined goals. Through goalsetting, a roadmap of where you're heading in life and all the stops you want to take along the way can be constructed.
Step 2: Developing strategies
After helping you to define your future goals, the next step is for your Financial Planner to investigate and assess the strategies which are relevant to you. They'll give due consideration to things like budgeting, maximising your cash flow, minimising taxation, investments (both superannuation and non-superannuation), insurance to protect your lifestyle, family and financial assets, and estate planning needs. After this process, you'll get personalised recommendations in the form of a Statement of Advice.
Step 3: Implementing your plan
Next, you'll be taken through the options available to you, with a focus on how each option could impact on your ability to achieve your goals. Once you've agreed on the appropriate course of action, your Financial Planner and their support team will work together to ensure all aspects of your plan are properly implemented in the way you've decided.
Step 4: Ongoing review
Every financial plan, no matter how carefully structured, is vulnerable to the effects of change over time. Changes to your personal circumstances, legislation, Centrelink benefits and taxation laws, as well as changes to the financial markets, all affect your financial plan and its ability to achieve your goals.
You'll be offered a review service where your goals and priorities are revisited in light of any changing circumstances. During these reviews any required adjustments to your strategies or investments can be made to make sure you remain on track.
Of course, you can contact your Financial Planner or their support team outside of these scheduled reviews if you need to.