Do you want to set the building blocks for your financial future?
At SD Life Insurance and Wealth Advice it’s a simple process. If you’re just starting out on your financial journey, perhaps you have started your first job and you want to make the most of your income and reduce debt, such as a HECS debt or a personal loan.
SD Life Insurance and Wealth Advice can help you establish a financial plan and a budget that addresses your investment, superannuation and insurance advice needs, which are the building blocks of your financial future and still have fun!
Seeking specialist financial advice provide you the opportunity to work with someone who could help with working through:
- Review your financial situation
- Understand your cash flow and spending needs
- Get organised and set a budget that allows for paying off debts with a bit left over
- Establish realistic savings goals
- Put savings, superannuation and insurances plans in place, and
- Stay in control, avoid the stress and enjoy life.
If this sounds like you and your ready for good financial advice, we can help you create a financial plan that’s right for you. To get started give SD Life Insurance and Wealth Advice a call today to help you plan for a trouble free tomorrow.
The Steps in Putting a Financial Plan Together:
We have a few steps as part of our approach to help you to allow us to provide you with the best advice which is tailored to your needs, goals and dreams.
Before Our Meeting
To provide appropriate advice in your best interest, we need to thoroughly understand your financial position. Prior to our meeting, it helps to gather the necessary information together so that we can make the best use of our time together.
The Fact Find
The fact find and needs analysis is an in-depth information gathering process covering all aspects of your financial position. It will look at your needs and goals and your investor profile, among other things. It is the first step in getting to understand your financial position.
Client Engagement
After our first meeting we will prepare a Client Engagement Letter using the information from the fact find and our first meeting to identify key area requiring attention. The Client Engagement will be emailed to you to sign and it will clearly set out or fees and charges to prepare you a comprehensive advice document that is relevant for your needs and addresses all the key area discussed in the meeting and during the fact find process. Normally we want our Engagement fee paid upfront for the work we are about to do for you, just like a lawyer does.
Strategy and Plan Operation
Using the information from the fact find and our experience as financial advisers, we analyse your situation and identify key areas requiring attention. These are then detailed in our written recommendations which we will present to you. This document is called a Statement of Advice. This is your financial plan. We will sit down together and go through this Statement of Advice – this is the start of your financial planning journey to plan for your retirement. Putting this plan together take us approx. 3-4 weeks.
Plan Implementation
Once you have decided to implement your plan, together we decide on the appropriate approach and if any changes need to be made. You are not obligated to sign on the dotted line. You are always in control and this means until you sign off to give us permission on implementing your plan is will remain just a plan.
Once you give us the green light this is where we start putting it all into place for you and you are on your way to a happy retirement.
Review Sessions
It is important to keep your financial affairs up to date. The review sessions will consider your changed circumstances, as well as any changes to legislation and the market. We will tailor it to fit with your requirements.
Ongoing Support
We will set up an ongoing Client Directed Experience that meets your needs. We are committed to building a long-term relationship with you and we will review your financial plan on a regular basis to ensure that it continues to meet your individual needs and aspirations, now and in the future.
