FINANCIAL PLANNING ADVISORYA Comprehensive Approach To Putting Your Finances Into Perspective
The financial services sector has generally been overwhelmed by various types of institutions shoving financial products into the throats of customers, all being designed to champion their own interests at the expense of consumers by structuring simple benefits into sophisticated setups and jargons to create needs that are probably not even known by consumers prior to that.
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The reality is that human needs will always surpass what their resources are able to provide for, thus achieving financial independence varies from one person to another.
To each and every individual who has a story of their own, a financial adviser's role is to understand those aspirations and desires in life, quantify them into financial milestones and with their expertise tailor a strategy with recommendations of combinations of financial instruments to help them realise those goals.
Typically , the advisory process goes as follows :
• Informal Interview
• Objective Review
• Planning
• Recommendation & Action Plan
• Execution, Monitoring & Review
Informal Interview
The getting to know one another process. First and foremost, you must be comfortable with the adviser who will work with you on such an intimate topic. You will find that on top of having the necessary expertise, one must also have similar values in life as well. You will then also get to understand the area of expertise of the adviser and the depth of services they offer.
Objective Review
Thereafter only the engagement process begins with the necessary fact-findings done to understand your financial goals and access your financial situation. Your goal settings will be laid out in sequence of importance and crucial information will be gathered from you to be analysed in-depth pertaining to your resources and constraints to develop a strategy for you.
Planning
Detailing the problems and solutions in a strategised format for the client's considerations and actions. The process involves :
▪ Ratio Analysis which will access financial wellness and shortfalls.
▪ Risk-return valuations across multiple scenarios to determine most favourable course of action
Recommendation & Action Plan
Presenting the plan to the client for understanding on the options generated and to decide the most suitable course of action to be implemented efficiently.
Execution, Monitoring & Review
Implementation of the plan with periodical reviews for shortfalls and adjustments to the strategy as necessary to ensure goals and objectives are met in accordance to the time line.
Leverage on the expertise of an independent professional to make well-informed decisions without the hassle to filter through the abundant products and services offered by financial salespeople in the market. Enjoy the freedom of mind to focus on the important matters in life, knowing you are well represented to source the most suitable solutions to your unique needs in life.
The best there is out there, brought to you.
To each and every individual who has a story of their own, a financial adviser's role is to understand those aspirations and desires in life, quantify them into financial milestones and with their expertise tailor a strategy with recommendations of combinations of financial instruments to help them realise those goals.
Typically , the advisory process goes as follows :
• Informal Interview
• Objective Review
• Planning
• Recommendation & Action Plan
• Execution, Monitoring & Review
Informal Interview
The getting to know one another process. First and foremost, you must be comfortable with the adviser who will work with you on such an intimate topic. You will find that on top of having the necessary expertise, one must also have similar values in life as well. You will then also get to understand the area of expertise of the adviser and the depth of services they offer.
Objective Review
Thereafter only the engagement process begins with the necessary fact-findings done to understand your financial goals and access your financial situation. Your goal settings will be laid out in sequence of importance and crucial information will be gathered from you to be analysed in-depth pertaining to your resources and constraints to develop a strategy for you.
Planning
Detailing the problems and solutions in a strategised format for the client's considerations and actions. The process involves :
▪ Ratio Analysis which will access financial wellness and shortfalls.
▪ Risk-return valuations across multiple scenarios to determine most favourable course of action
Recommendation & Action Plan
Presenting the plan to the client for understanding on the options generated and to decide the most suitable course of action to be implemented efficiently.
Execution, Monitoring & Review
Implementation of the plan with periodical reviews for shortfalls and adjustments to the strategy as necessary to ensure goals and objectives are met in accordance to the time line.
Leverage on the expertise of an independent professional to make well-informed decisions without the hassle to filter through the abundant products and services offered by financial salespeople in the market. Enjoy the freedom of mind to focus on the important matters in life, knowing you are well represented to source the most suitable solutions to your unique needs in life.
The best there is out there, brought to you.