Advice Process
Introductory Phone Call
The first step in obtaining advice is to book a complimentary introductory phone call.
On this call we can learn about you and the advice you are seeking and determine whether we might be a good fit for you.
If we seem right for you, the next step is to hold a Discovery Meeting with John.
Discovery Meeting
Our Discovery Meeting is up to 90-minutes and is a chance for you to get to know us and tell us about your goals, objectives and decisions you are facing.
Ahead of this meeting, we give you an opportunity to provide your current financial situation so we can spend the time focused on getting to know you.
We can also explain financial concepts or relevant rules using general advice however, this is typically a small part of the meeting only.
At the conclusion of the meeting, we will let you know whether personal advice would be beneficial for you and what the cost and scope of that advice would include.
The cost of the discovery meeting is $400. There is no commitment to further advice from this meeting.
Financial Plan
If you proceed with comprehensive personal advice, we will work with you on developing a financial plan to deliver on your goals and objectives. This can take around 12 weeks as we work through the following steps:.
Research and Strategy Formulation. After your Discovery Meeting, our team do a deep dive into your current situation. We will need some permissions from you but after that, to save you time typically obtain information from your superannuation, investment and personal insurance providers. In addition, we will often speak with your accountant and lawyer (if needed) to ensure we have the full picture needed to give you the best advice. .
Strategy Meeting. We would usually have a second meeting with you to discuss any decision points that have come up in the research process as well as ensure the advice we provide is tailored to your needs and preferences.
Financial Plan and Presentation. We bring together our recommendations and present them to you via a written financial plan. Our advice is usually a comprehensive strategic blueprint, covering your superannuation, investments, tax structures, insurance, estate planning, cash flow management and product selection options. We also include financial modelling to ascertain whether you are on track to achieve your objectives (or help you make a decision by comparing two scenarios). You will receive a written and digital copy including an Executive Summary (for readability).
Implementation. Once we present and agree on the recommendations you would like to proceed with, we will then put the plan into action by drafting paperwork and project managing the initial implementation of your advice.
Recurring Advice Programs
After presenting the initial plan, if we see it as value to you, you would have the option to join one of our three recurring advice services, ‘Build’, ‘Transition’ and ‘Protect’.
Each program is slightly different in the agenda’s and timing of service delivery (to reflect the differing needs) but we would typically meet with our clients at least twice per year. There can of course be more frequent meetings, depending on your needs (some years you will have more things happening than others).
Working with us on a recurring basis has the advantage of ensuring your plan remains optimised with changes to your situation, legislation and the economic environment as well as providing you with some accountability and progress tracking. You also have the added benefit of direct access to ad-hoc support in the form of additional meetings, phone calls or emails as needed.
We can also liaise with other members of your team, such as your accountant, in order to ensure we are aligned and save you time by sharing reporting such as tax statements.
