The Advice Journey

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The Advice Journey

The advice journey begins with a comprehensive understanding of every client’s financial circumstances, their needs, their goals and their priorities. Only when we have a full understanding of the key facts are we in a position to provide them with advice.

The initial advice we provide is entirely holistic and will address the needs and opportunities that we have agreed with each client. Some needs will have already been identified by the client, and it is probable that we will identify other needs and put these forward as suggestions for consideration.

A client may come to us with a specific objective, and the initial advice process might identify other opportunities that would be a benefit. The client will then have the option to pursue the additional opportunities identified if they wish to.

The Eight Stage Process

Peter Stewart Associates follow a carefully designed financial planning process so that you know exactly what is happening at each stage of its six steps:

Step 1 - Discovery

Gather information

This is a nil cost meeting at which we assess your requirements.

Step 2 – Engagement / Completion of Client Questionnaire

Identify your needs and objectives

This is to help us understand your full financial position.

Step 3 - Research & analysis

Prepare an analysis of your situation

Once your objectives are agreed, we will work with you to obtain all external Information to complete a Personal Financial Plan (PFP). This written report provides an
analysis of your current financial position and identifies any areas to develop and act upon.

Step 4 – Create a Personalised Strategy Report

Summarise your current position:

This summarises your current financial position and is the basis upon we consider how best to address your objectives.

Step 5 – Presentation of Personalised Strategy Report

Develop an action plan

Once we’ve constructed your Personal Financial Plan (PFP), we’ll take you through it stage by stage. It will set out specific and realistic recommendations designed to achieve your stated objectives over an agreed time period.

Step 6 – Implementation

Plan implementation Now it’s time to put the plan into action. You can relax in the knowledge that we will be taking care of all the necessary final steps to turn your plan into reality.

Step 7 – Post Implementation Summary

Confirm what has been done

This summary details the actions that have been taken, and is prepared and sent to you via your preferred method of communication.

Step 8 - Ongoing service & relationship

Monitoring your progress

Where an ongoing service is agreed, your Adviser will help you review your Personal Financial Plan (PFP) to make sure it is on track with your objectives. Reviews will take account of any changes in your personal circumstances, financial market conditions and relevant legislation.