Financial Planning – What is financialplanning?

There’s no set timescale for financial planning. There may be delays whilst we await financial information from you or your existing providers. In an ideal world we would expect to complete our work in 6 – 8 weeks, but more complex situations can take longer.  

To paraphrase Aristotle, you get out what you put in. The more information you can give us the better the resulting financial plan. However, we don’t expect you to have everything to hand straight away and we will support and guide you in finding the information we need. 

We can make a start on your plan with high-level information and if you are having difficulty locating up to date valuations and other details, you can provide us with authority to obtain this direct from the providers. Sometimes we can work with assumptions in order not to delay things too long.  

Not necessarily, one of the changes borne out of Covid and lockdowns is the ability to conduct meetings online. The most important thing is we set time aside for a focused discussion. 

It’s not necessarily about the level of assets you have, you may benefit from financial planning if you haven’t yet built up a high level of savings and investments, but where you have a high income instead and want to make the right choices for the future. 

The Discovery Session is a general conversation to see whether we’re a good fit for each other. We only need to have a general understanding of your financial situation, not the exact valuations of everything you have.  

Yes. The potential for financial harm that can be created by not involving your partner can be understated, I even wrote a book about it “Who Will It Hurt When I Die” by Dennis Hall 

Whilst we try to have at least one review meeting each year we find that there are reasons to catch up at other times between formal review meetings. Things change, and they don’t always occur at the same time each year, so we’re always available between times to chat things through.