Whether you have short-term goals like home loan deposits, children’s education or long-term goals such as retirement planning, the team at Edsuplan will tailor a plan to suit your needs for the duration of your financial journey.
Our Step-by-Step approach gives a fully tailored financial plan:
Step One – Gather all the facts
We need to put together an accurate picture of your financial situation including the assessment of your investment and risk profile, which can range from conservative to aggressive.
Step Two – Set Financial Goals
We can assist you in setting your short, medium and long term income requirements, and expenditure estimates, as well as assisting you to identify any other personal and business needs
Step Three – Identify Options & Strategy Development
We identify a variety of financial strategies that fit your investment and risk profile. After analysing information on all the available options, we then develop the most appropriate financial strategy for your objectives.
Step Four – Setting the Scope of Advice RequestedWe set the scope of the advice requested, by:
- verifying your financial position
- clarifying your investment profile
- advising our recommended strategy, and
- stipulating which specific investments will meet your needs and objectives.
Once you are satisfied with the financial plan, we require your authority to proceed.
Step Five – Portfolio Construction
All necessary documentation, product application forms, etc., are completed. All the elements that form the recommended plan are actioned.
Step Six- Portfolio & Plan Review
Your portfolio and plan should be reviewed on a regular basis. The frequency of review can be discussed with your financial planner, however as a minimum we are required to offer a review every three years. As your needs and circumstances change, a review of your plan can identify whether changes are required to ensure the strategy and financial plan continue to meet your needs and objectives. If any changes are recommended we always seek your approval before proceeding.