Our Financial Planning Process

Investment Quorum

We take a six step process to financial planning. In fact we follow the ISO 22222 standard which is the international planning standard. There are a couple of them but that is arguably the main one. Step 1 is gathering the information from the client that is relevant to the financial planning process. Step 2 is sitting down with the client and talking to them about their goals, their aspirations, what they are trying to achieve and by when. Step 3 is analysing that information based upon the discussions and the information gathered and that information could be existing holdings, any investments they already have, mortgages, loans, expected inheritances etc. Step 4 is constructing the plan. Step 5, once it has been agreed with the client is implementing the plan and of course, Step 6 is monitoring and reviewing the plan. In financial planning terms people have lots of changes in their lives, they get made redundant, they have children, they send children to university they approach retirement so it has to be a dynamic plan that moves and adapts with them and supports them in their financial journey.