Independent research has now proven that having a Financial Adviser adds both tangible and intangible benefits to clients who work with them long-term:
“Consumers who have an advice relationship are better planned, are happier
with their investments, have a financial coach to help with major life decisions,
provide peace of mind, administer of financial affairs and assist in facilitating a path
to financial freedom.”
So what is Financial Planning?
Financial planning is the process of developing strategies to help you manage your financial affairs so you can build wealth, enjoy life and achieve financial security.
Some people may think that financial planners only give advice on investments. This is not true. The role of a qualified professional financial planner is to look at all aspects of your lifestyle, goals and requirements and develop a financial strategy suitable for you. The recommended strategy should help you reach your financial goals effectively and efficiently.
Merideon’s 5-step financial planning process :
The initial advice process covers our first appointment all the way through to the implementation of your financial plan. We do this by:
(1) Identifying where you are and where you want to be –
Initially, we help you identify your financial and lifestyle goals. This ensures we understand your needs and you can understand what to expect from us.
(2) Considering the opportunities and risks –
We assess your current situation and investigate the range of financial options available for you to reach your goals.
(3) Bridging the gap –
Based on discussions with you and research we conduct, we will devise a strategy to bridge the gap between where you are now and where you want to be.
(4) Bringing your plan to life –
We work closely with you to implement your financial strategy. We help you to complete any necessary paperwork and are available to attend meetings with your accountant, solicitor and general insurer so that your strategy is implemented efficiently.
As time goes on and circumstances change, your financial plan will need to be changed to keep up to date with your changing needs. The final step in our advice process ensures your financial plan remains on tract, by providing you with regular ongoing advice.
(5) Staying on track with regular ongoing advice –
Finally, we design an ongoing service programme to ensure your plan remains up to date as your life changes and so you can obtain the benefits of ongoing reliable advice.
Sometimes, life takes us in unplanned directions. When you need a little extra help on top of our initial or ongoing advice, just ask us to provide you with some additional advice. We are there to help you – whatever the occasion.