The Modern Financial Planner

Financial Advisers and Planners aren’t all the same.

Some financial advisers are focused on selling products. In fact their whole business proposition revolves around selling financial products and their route to being paid is to receive commission for the products sold. That has been a common public perception of financial advisers for many years.

Unfortunately, sometimes this whole process revolves around the need to sell you products in order for the adviser to be paid.

Consequently, some people don’t take advice – such inaction could have a significant detrimental impact on their financial future.

Often when meeting with new clients I am confronted with a large bundle of policies and plans and usually the words from the client along the lines of ‘I don’t understand what all this is’ or similar.

This is because they have been sold products which bear little relationship to what they want to achieve (their goals). I am not surprised they don’t understand the paperwork. These plans have little meaning for them.

How many times have you heard ‘You need a pension!’ or ‘You need life insurance!’ Are these statements motivating to you in planning your financial affairs? I don’t think that they are.

As modern financial planners we operate with a different approach and focus our attention on what is important to you about your money.

We will help you to explore your goals in life and formulate a financial plan, so that your finances fully support those goals.

Subject to your agreement we will then meet with you on a regular basis in the future to review your plan and ensure that you are on track, with strategic and tactical advice to help you adjust your plan where this is necessary. This process need not take a long time, once the financial plan is in place, but is essential in taking account of a change in your plans, circumstances or views and changes in legislation and the economic climate.

Planning in this way isn’t the preserve of the very wealthy and is relevant to everybody.

If you’d like to get started and take control of your finances please feel to call us on 01626 833225 to find out more.