When you first engage with a financial planner, you are unlikely to ask them to stand in the way of ‘THE BIG MISTAKE’, but this is a valuable benefit of using a great financial planner.
Initially, you might come to us with a specific question:
As you progress through the advice process, your planner is likely to open the conversation out to gain a deeper understanding of what is important to you, what makes you happy and what drives you. This helps to give context to your original question. By understanding you on a much deeper level, a more personal solution can be offered for you and your loved ones.
Should you elect to engage in an ongoing advice service, expect a good planner to review your situation in relation to tax and legislative changes, whilst making use of your allowances and reviewing your investments. You should be able to contact your planner at any time throughout the year to answer any questions that you have. Although not an exhaustive list, I’d say that this is the minimum you should expect from your planner.
At Carbon, our planners have an additional focus on coaching which starts with the deeper understanding we gain from our clients during the initial stage of the process. One example of the ongoing coaching we provide is positioning ourselves between our clients and ‘THE BIG MISTAKE’. This means that we work with our clients to ensure they don’t make any decisions that could derail their financial plan.
This could include:
A good financial planner will be content providing advice and guidance on the things above the surface, but a GREAT financial planner will dive much deeper, working with you to make sure you don’t make that BIG MISTAKE that could derail your plan. This leaves you to focus on your happiness and enjoying a meaningful and fulfilling life.
If you would like to learn more about how Carbon can help you, please get in touch.
The value of investments and the income derived from them can fall as well as rise. You may not get back what you invest.
This communication is for general information only and is not intended to be individual advice. It represents our understanding of law and HM Revenue & Customs practice. You are recommended to seek competent professional advice before taking any action.
Tax and Estate Planning Services are not regulated by the Financial Conduct Authority.
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The Financial Conduct Authority does not regulate some forms of tax advice.
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