There’s often confusion about what a financial planner does. Usually because it’s not just one thing, it’s an amalgam of several steps and comprises various areas like insurance or investing. Some areas are larger and better known than others, but every step and every area holds importance.
Our advice is always guided by what is important to you and asking the right questions is what we do. We look at where you are now, where you want to be in the future and look for the opportunities to ensure you reach your goals. We focus on you.
At Mancell Financial Group we want you to understand our process and why we follow it.
Don't ask: 'where am I going?'
First ask: 'what's important?'
- What’s important to you about your family?
- What’s important to you about your health?
- What do you value most about your lifestyle?
- What are your career goals?
- How do you feel about your investments?
- How important is financial protection for your family?
- How does your ideal retirement look?
- What are your estate planning goals?
- What’s important to you about your community
The position to build upon.
- What are your Assets?
- What are your Liabilities?
- What is your annual Income?
- What is your annual Expenditure?
- What insurance protection do you have?
- Do you use any Business Structures?
- Do you have Wills & an Estate Plan?
- Do you have an enduring Power of Attorney?
What's getting in your way?
- Are you paying too much tax?
- Do you have a poor investment process?
- How well do you make investment decisions?
- Are you paying excessive fees?
- Are you using an inappropriate ownership structure?
- Do you have a poorly aligned asset allocation?
- Do you have inadequate family protection?
- Is your estate planning incomplete?
- Are you missing strategic opportunities?
How can you improve your future?
Highlighting all the options.
- Detailed projections of future cashflow
- Reduce tax liabilities
- Appropriate portfolio constructions
- Better investment returns
- Retirement income improvements
- Adopting optimal strategies
- Improved ownership of assets
- Protecting those you love
- Comprehensive estate planning
How can you improve your future?
- Clear projected financial improvement
- Increased future assets
- Lower tax liabilities
- Lower investment fees
- Increased retirement income
- Correct assets ownership
- Adequate family insurance protection
- Sound estate planning outcomes
Continually on the look out.
- Will you reach your goals?
- Are your tax liabilities well managed?
- Are your investment fees controlled?
- Is your family protected against risks?
- Are your investment returns sound?
- Will your estate wishes be met?
- Will your investments cope with market volatility?
- Do the right people own the right assets?
- Will you live your ideal lifestyle?
Next: Understand the difference between MFG and other financial planners.
