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Your 6 Steps to Financial Freedom
Your essential steps towards financial freedom and your success
The Insight ‘Financial Freedom Wealth Plan’
1. Trust / Believe
What do you want to achieve from our relationship with you? With any relationship an essential element for success and longevity is trust, our relationship with you is no different from this. Therefore the first and often most difficult step and decision you must take is to fully trust our advice and judgement. Only then can we learn about you in order that we can help you achieve your financial aspirations.2. Listen / Discover
How can we find out about your personal circumstances and your concerns, together with your short, medium and long-term financial goals and dreams if we don’t listen? How can we match our advice with the products that we recommend with your needs if we don’t ask the questions to learn all about you? How do we know who we need to ‘be’ for you the client, if we don’t know what you want?
The discovery process takes place at our first appointment and all subsequent appointments and liaison with you, as we know that situations can change overnight. What is your attitude to risk? What risks have you taken in the past? What existing policies and plans do you have in place that require reviewing? What is your current financial situation? Where do you want to be financially?
To help us fully understand and obtain accurate information about you and your requirements, as part of step 2, we will complete a fact find. In order that we can select an appropriate retirement plan or investment opportunity, and look at adequate protection for you and your family, we must fully appreciate your attitude to risk, and this is achieved via completion of an attitude to risk questionnaire, which enables us to make relevant recommendations to you on product provider, fund selection and allocation.
As part of the discovery process, we will require you to complete change of servicing forms, which enables us to write away to your existing providers to obtain policy information for any existing pensions and your investments and protection plans. At this meeting, we agree on our terms of business, which must be signed by both parties before we make our recommendations to you.
3. Identify Opportunities & Strengths and Eliminate Risk
After attending a detailed discovery meeting with you we now have all the necessary information about you and all the details of your current financial situation and your investment portfolio to enable us to carry out our investigation and research to create your Wealth Creation Plan. We will review and highlight your areas of vulnerability together with warning you about potential dangers and advise and recommend on ways to increase your opportunity.
This step in the process includes analysing your existing investments and plans to ensure that they match your risk profile and from this we will make our recommendations accordingly. We will also look to eliminate unnecessary tax not only on your estate and investment portfolio, but also on your income, capital gains and corporation tax. Throughout the process all information and reports will be reported in a jargon-free relevant way. Only now can we meet up to discuss the next step in the process.
4. Mutual Commitment
After our thorough investigation of your financial situation and circumstances we will meet to discuss what needs to happen in order to implement our Wealth Creation Plan for success. We also ensure that you are briefed on the next steps in the process and the commitment required by both parties in order to build a long lasting relationship, which gives us the privilege of advising you and your family for years to come. You will then authorise us to transfer the servicing of your financial affairs to Insight Financial Associates.5. Implement
At our second meeting with you, we discuss through the recommendations that we have made and look at how quickly we can implement these for you. Once again, this process requires commitment by both parties to ensure that all personal information provided by you is accurate and items such as your passport and driving license are quickly provided. We will then go through with you all the necessary paperwork that is required to be completed.
By selecting Insight Financial Associates to look after your financial affairs, you can focus on your family, business, areas of interest, and your dreams and goals for both now and the future. Guesswork does not factor in our advice, just solid analysis that is the result of extensive experience and expertise in the financial market to ensure that you ultimately gain peace of mind for now and rest in the knowledge that your future is safe and secure.