Q. Is there anything I need to prepare before we start?
To maximise productivity in the first meeting have ready:
- Your Identification
- A Bank Statement
- Access to your superannuation or a superannuation statement
- A policy schedule or policy number if you have Life insurances
Q. What should I think about before the meeting?
- If you had five years to live what would be important to you?
- What do you feel is missing from your life?
- What is your current financial net worth?
- Does that feel like enough?
- Have you invested in your own human capital and how do you plan to progress further?
- If money wasn’t a consideration what would you be doing?
Q. What times are available to book an appointment time?
Q. Should my partner be involved?
Q. What areas do you specialise in?
We specialise in the following areas:
- Risk Management / Insurances
- Investments
- Superannuation and Self Managed Superannuation
- Cash Flow and Budgeting
- Retirement Planning
- Small Business succession
Q. How long is the first consultation?
Q. What happens next?
The key to our first meeting is to gain an understanding of who you are as a person, where you sit financially, what your goals are and to drill down to understand why those goals are important to you, i.e. is it important that your child grows up to study medicine or is it that you want them to be empowered, successful and financially capable.
Once we understand the above we can identify the areas to be addressed per that specific goal and the relevant strategies to be considered with the real underlying purpose in mind:
- Estate Planning – testamentary trusts with a deed dictating the allocation of funds and conditions for payout.
- Education bonds can be considered for tax effective investment with a risk profile set per the investment time frame and payout frequency.
- Cash flow and budgeting to provide for a private schooling allowance with guidance on what other areas may need to be cut back.
Each goal will have unique solutions some of which may even conflict with your other goals, understanding and discussing this is key before a balance can be reached.