Our Approach to Financial Planning
The key to our success in helping clients build and manage their wealth is our bespoke financial planning service built on close personal relationships.
- Our service starts with a detailed assessment of the client’s current situation.
- Followed by a discussion about short, medium and longer-term personal objectives and tolerance to risk.
- This allows us to create a detailed and distinctive financial plan that is carefully discussed and agreed with our clients.
- Our next step is to implement the plan – and ensure continued active management and effective monitoring.
- The plans are reviewed on a regular basis and amended in line with any change in personal circumstances.
Teamwork
We believe that the above process works best when the client, the planner and the support team at hhfm all work together to achieve the client’s stated goals.
This requires the client to take time to work on any agreed issues and provide us with all the information needed to complete our work.
The Financial Planning Consultation Process
We have outlined above the typical client planning process. Many of our clients, however, are not typical, so this should only be viewed as a guide to the timeframes involved.
Where appropriate we will liaise with a client’s other professional advisers – accountants, solicitors and other financial services professionals, to ensure our client’s stated goals and objectives are met and each individual professional providing advice is working in the same direction in the client’s best interest.
Financial Planning Process