Initial Meeting
- Getting to know each other
- Overview of our processes
- Collect all relevant personal and financial information
- Discuss your needs and objectives (what are your goals?)
Analysis
- Analyse your current position and goals
- Determine client priorities
- Assess cash flow, tax position, estate needs, Centrelink and tolerance to risk
Strategy
- Develop and compare strategies
- Select the most appropriate financial products
- Document options for client presentation
Recommendation
- Explain the recommended strategies
- Present the Statement of Advice and product disclosure statements
Implementation
- Confirm that our advice is still appropriate
- Complete the Agreement to Proceed
- Complete all paperwork to implement the strategy
- Determine the ongoing service package
Ongoing Review
- Revisit the original advice and ensure it is still appropriate for your needs
- Review your portfolio performance and current market conditions and make recommendations as required