Once we know your lifetime goals, it’s time to start planning how to help you achieve them. Everything we learn about your financial ambitions informs our development of your Lifetime Financial Plan. This plan provides a solid foundation for your finances and helps you make clear, confident decisions.
To create your plan, we follow five key steps:
The first and most important step is getting to know you. Asking questions about your hopes, dreams and ambitions helps us discover what’s most important to you and your family. By understanding what truly motivates you, we can build an in-depth picture of what you want to achieve now and in the future.
Next, we look in-depth at your current financial circumstances, including existing investments, income needs, tax status, loans, mortgages, pension arrangements and any other financial commitments. This helps give us a clearer picture of any existing or future factors that may have an impact on your plan.
We use this information to create your lifetime financial plan. With our in-depth understanding of your financial circumstances and projected income and expenditure, we can show you whether you are on track to achieve your goals or whether you need to change your plans. By taking a comprehensive look at the areas where you may need financial advice, we recommend the actions you need to take to safeguard your future lifestyle and family security.
Now it’s time to put your Lifetime Financial Plan into practice. Investing your money, managing your wealth and ensuring that your finances remain relevant to your personal circumstances is the responsibility of Mather and Murray Financial adviser.
Once your plan is in place it is important to make sure that it stays on track to achieve your goals. Our Lifetime Financial Review service provides you with a comprehensive annual review of your financial plan with your adviser. We’ll review any changes in your circumstances, analyse the latest valuation of your assets, review your cashflow forecast and discuss any changes you may need. You can also access live valuations online, and keep in contact with your adviser through our Secure Message service.
We believe that investments should be managed on an ongoing basis, and not sat in one fund without being reviewed. That is why we contract the services of many discretionary fund managers to ensure they meet the needs of our clients. Depending on the size of your portfolio, the level of complexity and your attitude towards investment management, we have a solution that will suit your needs.
Your investments can go down as well as up. You may not get back the amount you invested.