At your first meeting, we will ask you about you – about where you are now, about your expectations, about how you would like to live your life.
Then we will conduct something called “fact finding” – we will ask about your personal circumstances and your attitude towards risk (whether you are a conservative or aggressive investor, or somewhere in between).
Don’t be surprised when we ask for detailed personal information – we need it to put together your financial plan!
We will ask for your:
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age
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current personal income
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family income
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future income (inheritances included)
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day-to-day expenses
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your family circumstances (number and health of dependants, dependants from previous relationships etc)
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future expenses
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assets and liabilities
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tax paid and tax owed
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super and insurance situation
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current investments
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state of health.
We will also need to have considered your goals and current financial position, including:
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when you want to retire
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how you want to educate your children
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whether a second home, like a holiday house, is important to you
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do you have dependants you need to provide for, if you are unable to work or if you die
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whether you have an up-to-date will
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whether you are expecting any large expenses
So when you come along to our first meeting, have this information ready and handy!
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