COMPREHENSIVE FINANCIAL HEALTH EVALUATIONS
TAILORED STRATEGIES FOR WEALTH PRESERVATION
EXPERT GUIDANCE ON TAX EFFICIENCY
RESOURCES
YOUR INITIAL CONSULTATION WITH RAE FINANCIAL ADVISORY SERVICES LTD
You can embark on your chartered financial advisory journey with confidence as you prepare for your initial consultation with RAE Financial Advisory Services Ltd. This guide is designed to provide you with a detailed overview of what to expect during your first meeting with our esteemed independent financial advisors in Manchester and the North West.
As you take this pivotal step towards securing your financial future, rest assured that you are in capable hands with RAE Financial Advisory Services Ltd. Let us have a look at the process involved in this significant milestone and how it can pave the way for your financial success.
THE INITIAL CONSULTATION INVOLVES A PRELIMINARY FACT-FINDING MEETING
This initial phase involves a thorough assessment and evaluation of your current financial situation, which includes your income, expenses, debt, savings and investments, current pension arrangements, fund preferences and risk tolerance that are in place, any current employer’s benefits, and life cover. This is to ensure that such arrangements are still fit for the purpose. In other words, understanding where you stand financially is crucial for creating an effective plan.
PREPARATION FOR YOUR INITIAL FINANCIAL CONSULTATION
We would like to spend quality and meaningful time with you during our initial meeting. Therefore, before your first meeting with RAE Financial Advisory Services Ltd, it’s beneficial to take some time to prepare and gather the necessary information that we require from you. This will help us to provide you with tailor-made recommendation(s) that suit your needs and objections. “Please help us to help you.”
Here’s a step-by-step guide to help you get started:
Clarify Your Financial Goals – Reflect on your financial objectives, whether they involve saving for retirement, purchasing a home, funding your children’s education, or achieving any other financial milestones. Having a clear understanding of your goals will enable our advisers to tailor their recommendations to your specific needs.
Organise Your Financial Documentation – Gather relevant financial documents, including bank statements, investment portfolios, insurance policies, tax returns, and retirement account statements. These documents will provide our independent financial advisers with valuable insights into your current financial situation and help them develop a personalised financial plan for your future.
Identify Your Questions and Concerns – Compile a list of questions and concerns you have about your finances, no matter how big or small. Whether you’re curious about investment opportunities, tax implications, or retirement planning strategies, our independent financial advisers are here to address all your inquiries and provide expert guidance.
Involve Your Partner or Family – If applicable, involve your partner or family members in the planning process. Discuss your financial goals together and ensure that everyone’s objectives are aligned. Our independent financial advisers understand the importance of considering the broader family context when crafting financial plans.
Research RAE Financial Advisory Services Ltd – Take some time to familiarise yourself with RAE Financial Advisory Services Ltd and our team of advisors. Explore our website, read client testimonials, and learn about our areas of expertise. Understanding our firm’s values and commitment to client service will help you feel more confident and prepared for your meeting.
WHAT TO EXPECT IN YOUR FIRST MEETING WITH RAE FINANCIAL ADVISORY SERVICES LTD
During your initial consultation with RAE Financial Advisory Services Ltd, you’ll have the opportunity to engage in a comprehensive discussion about your financial goals, concerns and aspirations. Here’s a detailed overview of what to expect during your first meeting:
Introduction: You’ll be greeted by an independent chartered financial advisor, who will introduce themselves and provide an overview of RAE Financial Advisory Services Ltd’s philosophy and approach to financial planning. They’ll take the time to make you feel comfortable and establish a rapport built on trust and mutual respect.
In-Depth Exploration of Your Financial Goals: Our independent chartered financial advisor will encourage you to share your financial goals, dreams and concerns openly. Whether you’re planning for retirement, saving for your children’s future or navigating a major life transition, we are here to listen attentively and understand your unique circumstances.
Comprehensive Review of Your Financial Situation: Using the financial documents you’ve provided, our independent chartered financial advisor will conduct a thorough analysis of your current financial situation. They’ll examine your income, expenses, assets, liabilities, investment holdings and any existing financial plans or strategies.
Assessment of Risk Tolerance and Investment Preferences: Our independent chartered financial advisor will discuss your risk tolerance and investment preferences to ensure that any recommendations align with your comfort level and long-term objectives. Whether you’re a conservative investor seeking stability or an aggressive investor pursuing growth opportunities, we’ll tailor our advice to suit your needs.
Personalised Recommendations and Strategies: Based on the information gathered during the meeting, our independent chartered financial advisor will develop personalised recommendations and strategies designed to help you achieve your financial goals. Whether it involves retirement planning, investment management, tax optimisation or estate planning, we’ll provide tailored solutions that prioritise your financial well-being.
Transparent Fee Disclosure and Cost-Benefit Analysis: Our independent chartered financial advisor will transparently disclose any fees associated with our services and explain how we are compensated for our advice. We believe in providing value-driven services that deliver tangible benefits to our clients. Our goal is to ensure that the benefits of our advice far outweigh any associated costs, empowering you to make informed decisions about your financial future.
Discussion of Next Steps and Ongoing Support: Before concluding the meeting, our independent chartered financial advisor will outline the next steps in the financial planning process and discuss the ongoing support and communication you can expect from RAE Financial Advisory Services Ltd. Whether it involves periodic reviews, adjustments to your financial plan or access to educational resources, we’re committed to supporting you every step of the way.
OUR ROLES AS YOUR CHARTERED FINANCIAL ADVISOR ARE AS FOLLOWS:
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To build and preserve your wealth from inheritance tax liability.
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Avoid overpaying tax and charges more than necessary (avoid tax-making mistakes).
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Making good use of the new tax breaks and tax allowances enables you to earn more money or retire early.
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Do all the shopping around so you do not have to.
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Selecting the right investment strategy/vehicle that has the right asset allocation/diversification and dilution to ensure that your investment is on track.
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Ensuring that this investment vehicle gets you to your destination.
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Making the right decisions. Without good financial advice, you are putting yourself at risk of selecting the wrong product/investment, which will have an adverse effect on addressing your needs and objectives.
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Consolidating all of your funds/investments in line with your risk comfort zone under one umbrella.
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Segment your money into three pots with the right amount (cupboard, fridge and freezer)
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Making your objectives a reality.
What can you expect from us?
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Integrity, honesty and openness
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Confidentially
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Excellent customer service
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Ongoing support
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Long-term relationship
What can we expect from you?
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To be open, frank and honest at all times
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To provide the requested information
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To make time for making a blue-chip financial plan
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To provide honest feedback
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To provide referrals
BLUE CHIP RECOMMENDATIONS
After gathering all necessary information from the preliminary meeting, we meticulously analyse and evaluate the data to formulate a comprehensive and objective blueprint and offer credible recommendations that are in line with the
Financial Conduct Authority rules and regulations. This recommendation takes into account your short and long-term goals, ensuring that they align perfectly with your unique financial circumstances.
Please note that any initial costs will be provided before any recommendation is made openly and transparently.
TESTIMONIALS
