Present and Discuss SoA
It is a legal requirement to provide our advice to you in writing through a Statement of Advice. This is where we prepare detailed calculations and comparisons to provide you detailed advice/recommendations, basis of the advice, and legal obligations such as our details; information on costs of any existing products used or new products recommended; and payments/
benefits to the adviser.
STEP ONE
Initial Consultation
The initial meeting is a short meeting (no more than 30 minutes) to discuss your expectations…
STEP TWO
Financial Discovery
This is where we map out your current financial position and further define your goals…
STEP THREE
Engagement Letter
The engagement letter outlines the agreed goals from the financial discovery, the scope…
STEP FOUR
Preparing Statement of Advice
It is a legal requirement to provide our advice to you in writing through a Statement…
STEP FIVE
Present and Discuss SoA
This is where we present the advice/recommendations to you along with discussing…
STEP SIX
Initial Implementation and Review Period
There can be a lot covered in the initial advice and proceeding can be daunting…