Our Advice Approach
The Wealth Navigation System
Your support and work is fee based which means you are in control of the advice process and no work is done until those fees are agreed. We are able to provide tailored financial solutions by considering all the products relevant to you.
Stage 1.1) Discovery or Review Meeting
Your financial planner will start by listening carefully to your objectives, needs and priorities, in the context of your short, medium and long term financial aspirations.
By gathering information from you, they begin to understand your current situation and what provisions you have in place already.
Then, by exploring your hopes and aspirations, they can construct a picture of what you want to achieve, taking into account your knowledge, experience and attitude to risk and return.
This stage also allows you to understand what to expect from us and how you will benefit from using our services.
Stage 1.2) Research to Build Client Plan
We’ll explore and research various scenarios and options and start to put together a road map to help you move towards achieving your objectives.
We will assess the suitability of your current plans and make recommendations to help you achieve your current and future objectives. This stage is fee based.
Stage 1.3) Present Plan & Recommendations
Your financial planner will sit down with you and go through your plan and recommendations answering any questions you may have. This stage is fee based.
Stage 2) Implement Plan & Recommendations
Here’s where your plans start to take shape.
Most of our clients prefer us to complete, check and manage the documentation required for them to put ‘Their Plan’ into action. This saves them a lot of time and energy, and helps ensure that plans are set up in line with expectations. The cost of this service will be included in the fee structure that has been agreed.
Alternatively you may decide you wish to implement our recommendations yourself, and so can simply pay a fee for our time and expertise up to this point.
Should you choose to implement your plan and your choice of recommendations, your fee in 1.2 and 1.3 will be discounted against your stage 2 implementation fee.
Stage 3) Ongoing Support, Your Choice
We believe that most clients will benefit from a review of their circumstances and we offer a range of options. This may depend on which stage of life you are in as well as your relative level of wealth.
Many clients like to meet up regularly to take advantage of valuable allowances, or understand the impact of UK Government Budget announcements.
You may also hear from us at other times during the year when we feel something may be of interest to you, or you may wish to get in touch yourself, if your circumstances or objectives have changed.
