Your journey to financial serenity
We like to think of our client’s experience as more of an enjoyable jaunt than a journey. It typically takes you through six simple steps to a happy financial future.
What we’ll need from you
It’s important you give us accurate and up-to-date information when we request details about your circumstances and objectives because our advice is based on the information that you provide. If the information you provide is inaccurate or if you limit the information provided this could affect the suitability and quality of the advice, we give. With that being said, the advice process that you will be involved in consists of six steps.
Step 1: Initial Call
To kick things off on the right foot we’ll just need 15-20 mins of your time to understand more about you and your goals. You’ll get a brief introduction to how we work, transparency on our fees and a chance to pick our brains or find out more about GSI. Once we know we’re a good match, we’ll arrange a discovery meeting.
Step 2: Discovery Meeting
The discovery meeting really helps us to explore your financial situation, your life goals and talk over any questions you have. Before the meeting you’ll get access to our communication portal (provided by Cashcalc) where you’ll need to complete the simple steps below:
- Review and agree to our Privacy Notice
- Review and agree to our Client Agreement
- Provide key information via our Factfind
- Complete your attitude to risk assessment
- Verify your identity
During the meeting we’ll agree on the scope of our work – presented in a clear and transparent written outline of the plan along with detail of any fees payable. Once you’ve signed the Scope of Work Plan we get to work, and you get on the road to a healthy financial future.
Step 3: Financial Planning and Research
Now we’ve got a deeper understanding of your goals, we conduct our research to find the best options available to achieve them. This phase typically take on the following actions:
- Understanding your objectives and plan
- Researching suitable plans and solutions
- Using cash flow modelling (where appropriate)
- Creating a personalised recommendation
- Developing a sustainable income strategy
- Projecting portfolios and stress testing scenarios
- Liaising with various providers
As we work through the research we’ll keep in contact with you to clarify any details and discuss options. Once we’ve formulated your personalised plan, we’ll get it reviewed by both our internal and external compliance teams to make sure our recommendations are the best fit for you.
Step 4: Recommendation and Proposal
Once your plan is ready, we’ll be in contact with you to provide you with our full Personal Recommendation and Suitability Report Pack. Together we’ll go through your plan and answer any questions you may have. You’ll be given some time to consider your options and finally, we’ll agree on a plan of action.
Step 5: Implementation
Now we have agreement on your personalised plan, we’ll do all the leg work to get everything up and running. At this stage we’ll arrange the following:
- Re-confirm your service level and future 365 review date
- Set – up online access for you to view your portfolio (where applicable)
- Provide you with your Welcome Pack
Step 6: 365 Annual Review
We will review the effectiveness of your plan and update any changes to make sure you are well on the way to achieving your financial goals.
