Irrespective of your particular objective, it is important to create a professional financial planning strategy
We make sure to take the time to understand your needs, goals, and preferences, before we make any recommendations. To ensure that we do this we follow this process:
1. INITIAL ENQUIRY
We will start the process with a quick chat, so we can gain an understanding of what area of financial planning you wish to discuss, and to get a very brief overview of where you are, and what you need.
Then, we will require you to gather financial information in advance of a full discussion. This will enable us to develop a clearer picture about your particular situation. To help us do this, we will often need to see documents, including income documents, life assurance, mortgage, pension, savings, investments or bank statements.
At the beginning of the discussion, we provide information about our services, explain our charging structure, and the type of advice we offer. If there is anything you want to discuss, your review meeting is the perfect time to consider these other areas. We assess your assets and liabilities, discuss your objectives and priorities, and consider your attitude to risk.
3. RESEARCHING THE OPTIONS
We look at whether the financial plan will fit in with your goals. We research the market, review different products and providers, and conclude by identifying the best options available to you.
4. PRESENTATING OUR RECOMMENDATIONS
We explain why we have chosen specific solutions and outline product features. Our goal is to ensure that you understand what we have recommended, and why this particular strategy is the best way forward to meet your objectives.
5. IMPLEMENTING THE PLAN
If you are happy to proceed, we then get to work on implementing the solution. Whether that is simply completing some forms in relation to an investment product, or navigating along the complexities of mortgage underwriting, we will be sure to keep you updated every step of the way. We will also liaise with any other associated parties involved (such as solicitors, accountants, estate agents etc).
6. REVIEWING THE SOLUTION
How often we are in touch with each other, is entirely up to you, that said, we will contact you at key milestones in relation to any financial product(s) we manage. It could be face-to-face meetings, over the phone, video conference, or by email. We firmly believe in long term, productive relationships with all of our clients, which is why its key that we maintain periodic contact in order to support you on an ongoing basis.
This process has to be underpinned by a joint commitment from both One & All Financial Services and our clients in order to ensure the relationship remains of value to you.