How we work
As Independent Financial Advisers we are free to advise on financial products available from all product providers. We use advanced computer software to research, compare and select the most suitable deals currently available. We are thus able to make arrangements to maximize the benefits to our clients.
You'll get our help to review your existing financial situation and reach a realistic assessment of your likely needs. For this, you'll need to set aside some time to talk to us - the first one-hour consultation is free. There's no charge, and no obligation, while we find out together if it's worth going ahead.
Depending on your instructions we will carry out a needs analysis based on your current situation, and taking into account any specific plans and/or targets you may have. We will then advise you on anything from a short term financial objective to a lifetime financial plan, followed up with regular reviews.
You will receive professional advice about where your financial arrangements are already good, and where they're inadequate (or not covered at all).
You'll also have our help to decide how much provision you need to make, and the order of priority in dealing with your finances. And of course it will all be sensibly balanced in relation to your current income and your prospects
In almost all cases we are able to make arrangements which clients would be unable to make for themselves. All our proposals will be fully explained and costed so that you'll know exactly what and why before you agree to anything.
Keyline's 6 stage advice processFinancial planning is an ongoing process. We will help you to set goals and objectives in order to plan for the future, and we will keep reviewing your plan to ensure that it continues to meet your needs.
1. Introduction. Set goals and objectives.
We would like to get to know you by discussing your personal and financial circumstances. We will consider your family, your income and expenditure, your assets and liabilities, your tax position and any existing financial products you have. We will discuss with you what you would like to achieve and how important each objective is. We will consider your attitude to investment risk and any concerns that you have. We will discuss our service levels and the associated costs to help you decide which level of service you prefer.
2. Gather information.
It is important that we gather factual information. We will obtain your written authority to request all the necessary information from your existing product providers.
3. Analyse the information. Develop a plan.
We will review your existing products to see if they are likely to meet your objectives. If there are any shortfalls we will make recommendations as to how you can achieve your goals. If products are no longer suitable for you, we will consider any alternative.
4. Present and discuss your plan.
We will discuss with you the results of our analysis and go through our recommendations in detail. We will agree with you what actions (if any) need to be taken. It may not be possible for you to go ahead with all of our recommendations at this time, so we will discuss your priorities and agree on timescales, which will form your plan.
5. Implement your plan.
We will proceed with any actions that you have agreed for us to do at this time, and will diarise to contact you again for any actions that you are not able to go ahead with initially. We will write to you to confirm our recommendations and why we believe that they are suitable for you.
6. Review your plan.
We will help you to review your goals and objectives on a regular basis, in line with the level of service that you prefer. This is a very important part of the process, without it you may not reach your goals or may keep products that are no longer suitable for you.