Superannuation & Retirement Planning
Wealth Creation & Investments
Cash Flow, Budgeting & Debt
The six stages of the financial planning process are:
Defining the scope of engagement: Your financial planner will explain their process, identify your needs, and ensure they can be met.
Identifying your goals: You work with your financial planner to establish your short- and long-term financial goals.
Assessing your financial situation: Your financial planner will review your assets, liabilities, insurance coverage, and investment or tax strategies.
Preparing your financial plan: Your financial planner recommends strategies, products, and services that align with your goals and answers your questions via a Statement of Advice.
Implementing the recommendations: Once you're ready, your financial plan is put into action, with the involvement of specialist professionals where appropriate.
Reviewing the plan: Regularly reviewing your financial plan is essential to ensure it remains aligned with your evolving circumstances, lifestyle, and goals.