Financial Planning

A financial plan is a blue print for your future, it is important to understand that this is a process not a product. A successful financial plan can enhance your income, defer taxes and provide financially for the future security of you and your family.

Having a plan is extremely helpful; it establishes your goals and objectives in monetary terms that are measurable. It helps you establish whether or not your future lifestyle objectives can be or are being met and helps the decision making process about your money to ensure you are prepared for the future.

A financial plan is a balancing of financial factors; – your capital resources available, measured against your desired goals, balanced against the exposure to risk and possible tax liabilities.

A well-developed plan can remain in effect for years without any major corrective action being taken. However annual reviews determine that progress is being achieved towards establishing your objectives, ensuring your capital resources are been well managed.

Our Four-Stage Process

Please click on the process for more information.

Carl's Corner

Carl Richards is a CERTIFIED FINANCIAL PLANNER™ and the director of investor education for the BAM ALLIANCE. Over the years Carl has produced simple sketches, that make complex financial concepts easy to understand. Click on the image to view.