Financial Review Process.... or Why We Are So Nosey!!

In order for us to assess the appropriateness of our current recommendations, we need to review any changes in your lifestyle goals and your current financial and personal circumstances. This not only includes analysing the position of your investment portfolio or risk protection, but reviewing the impact that changes in your personal position and lifestyle goals which may impact on the financial strategy currently in place.

To assist with this ongoing advice process we may ask you to complete a Client Review Profile at your review appointment or we may send it out prior to your appointment and ask you to update what you can and bring it along to your review.

For a review appointment to be effective we also like to be able to take a copy of your last tax return, recent pay slips, details of any super funds you may have, details of current Centrelink payment, loan statements – basically anything that will help us have a clear understanding of your current financial circumstances.

This information is necessary to ensure any recommendations made as a result of your review remain appropriate for your needs.

It is our job as your advisers to give consideration of any changes that our clients may not necessarily have identified, especially your position in relation to social security, wealth protection needs, taxation, legislative change and estate planning needs.

If you do not want us to assess your full financial situation you can request we limit the scope of our advice. Only you, the client can limit the type of advice we give you, we the adviser cannot choose to limit the scope of our advice.

Regards Debra,

PS we hope you can make it to our seminar