Creating a professional financial planning strategy
We make sure we take the time to understand your needs, goals and preferences before we make any recommendations.
This is the process we follow:
You, your accountant, or solicitor contact us to arrange a convenient time and place to meet.
We'll require you to gather financial information in advance of our meeting. This will enable us to develop a clearer picture about your particular situation. To help us do this we'll need to see documents, including pension, savings, investments, life assurance, mortgage, or bank statements. This is also an opportunity for you to outline the issues that you'd like to discuss.
We assess your current financial position and help identify your goals.
At your review we provide information about our services and explain how we charge and the type of advice we offer to best assist you. If there is anything further you want to discuss, your review meeting is the perfect time to consider these other areas. We assess your assets and liabilities, discuss your objectives and priorities and consider your attitude to risk.
Using the information we obtain from you, we develop a detailed financial plan.
We look at whether the financial plan will fit in with your lifetime goals and make sure you are comfortable with the timescale for implementing the plan. We research the market, review different products and providers, and follow up with the preparation of a document outlining a strategy tailored to your individual goals and circumstances.
We take you through our recommendations in detail.
We explain why we've chosen specific solutions and outline product features. Our goal is to ensure that you understand why we have recommended certain products or a particular advice strategy. We'll also discuss the cost of any future work and explain how you can check on investment performance.
All the necessary product paperwork is completed and processed.
We make sure that all our recommendations to which you've agreed have been implemented. We'll also liaise with your accountant or solicitor if appropriate.
At this point, you'll agree how often you want to review your plans.
The frequency and level of contact you have with us is up to you. It could be face-to-face meetings, over the phone or by email. If your circumstances change, we also need to know so that we can review what further changes your plan may require. These would typically cover life changing events, including getting married, having a baby, a promotion or buying a new property – all events that may affect your finances and will require you to assess your financial planning strategy.
This process has to be underpinned by a joint commitment from both D O'Kane Financial Services Ltd and our clients in order to ensure the successful completion of their financial goals.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
There may be a fee for the Mortgage. The precise amount will depend upon your circumstances but we estimate it will be £395.
The Financial Conduct Authority does not regulate Tax Planning and some forms of Mortgages.
D O'Kane Financial Services Ltd
137 High Street
t: 01493 604646
f: 01493 656925
The guidance and/or information contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK
D O'Kane Financial Services Ltd is authorised and regulated by the Financial Conduct Authority.
Registered Address: 137 High Street Gorleston Great Yarmouth Norfolk NR31 6QX. Registered Number: 08932631.
© 2014 D O'Kane Financial Services Ltd. All rights reserved.