Our Financial Planning Process
Financial planning helps you determine your short, medium and long-term financial goals and create a carefully considered plan to meet those goals.
Where does the process start?
It starts with you, we sit and listen.
Gathering facts
After we've met up, we will gather further information in order to produce a more in depth analysis on your financial situation. We wont just be looking at personal information (family, employment) but also details of existing assets (property, investments, pensions) and liabilities (mortgage, loans).
We will also be asking about your short, medium and longer term goals and then ranking them in order of their importance to you.
Attitude to risk
Your attitude to risk is something we will need to know about when advising you on investment opportunities.
Some people are happy to live with calculated risks if it means the chance of a higher return, whereas others are risk averse and don't want to risk their capital under any circumstances.
Your attitude to risk will form the basis of all our saving and investment recommendations.
Developing your financial plan
Once we have all the information we need, we'll go over the recommendations with you to help you understand them, in order to make informed decisions. We will then listen to your concerns and revise any recommendations as appropriate.
Implementing financial planning recommendations
To help with the implementation of a financial plan, we can advise you on any tasks that you will need to accomplish in order to improve your financial situation. We will then help you carry out the recommendations, coordinating the process with you.
Reviewing your plan
On a regular basis, we will review and update your financial plan to take into account any changes in your goals or circumstances.
Why is a financial plan is so important?
Income: Income can be managed more effectively through planning. Understand how much money you'll need for regular expenditures.
Lifestyle Choices: Better financial understanding can be achieved when financial goals are set and the effects of decisions are understood. Offering you a fresh approach to your budget and improving control over your financial lifestyle.
Family Protection: Providing for your family's financial security is a vital part of the financial planning process. Having the proper protection in place can provide peace of mind for you and your loved ones.
Investments: A proper financial plan looks at your personal circumstances and attitude to risk. It assists in choosing the right types of investments to fit your needs and goals.
Savings: Unexpected financial changes can still throw you off course. It's always good to have some investments with high liquidity that can be used in times of emergency.
Ongoing Advice: Having a relationship with a financial advisor you can trust is vital to achieving your goals. Ongoing support as your needs change will help you stay on track.
Financial planning allows you to understand how each financial decision you make effects your goals.
The value of a good financial adviser
Sound Financial Advice
"Friendly yet professional service, we have known Jonathon for many years after we were referred to him by a Mortgage Advisor. He has provided us with sound financial advice in this time and we trust his judgement wholeheartedly. As a result we have referred Jonathon to numerous other friends and family, who are equally trusting of him and the services he is able to offer."
Ian and Wendy Hodges-Jackson
Valued advice and knowledge on the markets
"We have known Jonathan for over 12 years and have valued his advice and knowledge of the markets .We have built a comprehensive plan that over time has met all its objectives over the medium and longer term ,and we are more than happy to endorse Jonathans services and his expertise. My wife and I regard Jonathan not only as a professional financial advisor but as a valued and trusted friend."
Willie and Christine Hamilton
Let us help you visualise the kind of lifestyle you want and create a financial plan to fund that lifestyle.