The six step solution

We subscribe to the universally accepted financial planning process defined by the Financial Planning Standards Board.

The financial planning process consists of the following six steps:

Hamilton Rose Wealth Management Process

1. We clearly explain and document the services provided to you and define joint responsibilities over the period of the professional relationship. The basis of remuneration is clearly explained – and is transparent. Typically, our fees become payable only on implementation of advice.

2. We assess your financial situation. This often involves us undertaking a review of existing investments and policies. We then mutually define personal and financial goals, understand the time frame for results and always establish in detail your attitude towards investment risk and capacity for loss.

3. We analyse your information to assess your current situation and determine the steps needed for you to meet your goals. Depending on what services are sought, this could include analysing assets, liabilities and cash flow, current pension, investments or tax strategies and family/business protection policies.

4. We will offer solutions to address stated goals, based on the information provided. We present information clearly to help you make informed decisions based on knowledge. We listen to concerns and revise your plan as appropriate.
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5. On acceptance of the plan our specialist client liaison team will implement the recommended solution, coordinating the process with other professionals such as pension providers, stockbrokers or accountants as needed.

6. We will monitor your plan against the goals and milestones agreed and report at least annually so that we can adjust your plan, if needed, due to life changes, market conditions or changes in the law.