Before providing you with financial advice, we need to gain a full understanding of your current financial situation. We call this process The ABC Compass Advice Process.
Step 1
Where are you right now?
A compass is an instrument used to navigate from where you are to your intended destination. Just like a compass when used in navigation, the first step in the ABC Compass Advice process is to identify your current financial position. This includes a detailed analysis of your assets, liabilities, income and expenses.
The purpose of this step is for your Adviser and the team at ABC Financial Group to gain an understanding of your exact financial position.
Step 2
Identify your long-term financial goals and objectives.
The next step in the process involves collaboratively identifying your realistic and achievable long-term financial goals and objectives.
Step 3
Develop a comprehensive financial plan.
By aligning your financial goals with a clear sense of direction, we chart a course to give you a map and strategy to guide you from where you are right now financially to your personal long-term financial objectives.
This financial plan is tailored to your unique set of circumstances and needs.
Step 4
Regular review and guidance
Utilising a compass involves more than just charting an initial course. Reaching your end destination hinges on consistently employing the compass to ensure you remain on track to reach your desired destination.
Similarly, our Compass Advice process involves regular review to ensure you stay on course. By regularly recalibrating your financial compass through constant advice and personalised planning, our team’s expertise aims to help you navigate the complex and ever-changing terrain of the economy, investment markets, and any changes to your personal circumstances along the way.
Contact us and speak to one of the team today – they would be delighted to answer any questions you may have.