Our approach to Financial Planning
At AAB Wealth, we believe there is a notable difference between speculating and investing. We adopt a rigorous, systematic, evidence-based approach to investing. Find out more about our Investment Philosophy here
Stage 1 – financial discovery
We'll seek to discover what is important to you about money, who are the people most important to you, what your lifestyle will cost you, and any specific 'bucket list' goals.
This will help to create a clear picture of your current financial position. The information we obtain from the ‘financial discovery’ process will then inform the discussion as to the most appropriate investment strategy and solutions going forward.
Stage 2 – advice and recommendations
Having gained an understanding of your goals and objectives during Stage 1 of the process, we will analyse your current arrangements in detail, and report back to you in person on our findings. Our meeting will cover our recommendations on an appropriate investment plan and our advice on tax-efficient succession planning. It will focus on your personal lifetime cash flow analysis and objectives.
Clarity for you on our investment strategy proposals and their implications. This will allow you to make informed decisions on your investments, and the selection of suitable tax vehicles in the most efficient order.
Stage 3 – implementation
This meeting will enable us to discuss any final queries or concerns and to complete the paperwork. We'll liaise directly with your legal advisers and current investment providers to instruct any legal drafting, fund transfers and other paperwork as required. Once prepared we will review and discuss with you.
Ensuring a smooth transition from decision making to execution of plans, providing you with support at all stages.
As a minimum, we'll meet on an annual basis, to review your personal and financial situation, and re-visit your plan against your goals and objectives. We call this your Progress Meeting. If you need our assistance in between our meetings, you can contact us by phone or email at any time.