The Financial Advice Process
At our initial meeting or contact, I will ask lots of questions. I won’t just be after facts about your money – I’ll be trying to find out what your goals are and what you want your money to do for you.
Some of the questions will be difficult if you haven’t thought about things like life goals before. It may well be that your thinking develops gradually as we work together.
Alternatively, I may be able to let you know what you could achieve, and what it would take - then you can decide what goals you want to aim for.
You may think that you do not have any goals - my view would be that you just haven’t realised what they are yet!
For some people, the goals are changing, because their circumstances have altered. For example, this could be due to redundancy, a new job, divorce, marriage, or receiving money from an inheritance or gift. These could cause your goals to be re-evaluated.
If we decide that I am going to work with and for you, the next step is for me to gather detailed information about your finances.
For example: What does ‘good standard of living’ mean to you?
What constitutes 'a good return' on your money?
Do you think there is any investment with absolutely no risk?
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