Our advice process

Our advice process starts with you

How does the Wealth By Design advice process work?

We specialise in tailored financial strategies and lifestyle plans for individuals and businesses who are looking to build on their success to date by planning for the future. Our clients value their time and acknowledge and value the benefits generated from professional and structured strategic advice.

Step 1 Discovery - Hurdles and Objectives

This is where we assist you to visualise and determine your lifestyle goals and objectives and identify any hurdles or obstacles that may be in your way, such as  cashflow, possible health issues and work commitments. Your involvement and input into this stage is vital to the future success of the process as it sets the foundation upon which we build your strategies for the future. The Discovery process is dynamic in that we must always be kept fully informed of developments and changes in your personal circumstances or thinking to ensure that the living and breathing plan that we are managing for you remains relevant and effective.

Using the specialist knowledge of our team members, we analyse your particular situation and identify pathways to your goals and objectives and highlight any potential risks that might need to be managed. The strategies presented may involve a combination of key components such as Debt Structuring and Cashflow Management, Trusts and Financial Structures, Superannuation, Portfolio Management, and Risk Protection. Our approach throughout is educative since we believe it is essential that you have a broad understanding of what we are proposing and the benefits to you of it. The strategies we implement for you over time will vary in nature in order to adapt to your changing circumstances and objectives.

Step 3 Implementation - Ongoing Advice

Our team based approach to assisting you features prominently as our entire advice team work to ensure that all areas of the implemented advice are delivered now and in the future so that you can achieve your desired outcomes. Just as professional athletes retain coaches throughout their careers, implementation is ongoing to ensure your journey stays on course. Formal annual review meetings are essential in measuring your progress towards your agreed goals and objectives and ensuring that your personal circumstances are updated and the strategies in place remain relevant.

Our Advice Process is best described as a bridge, spanning the chasm which harbours potential hurdles. The bridge provides a structured path enabling you to travel from where you are now to where you want to be in the future. It works because it provides you with a structure, a framework if you like, which works for you to achieve your individual goals and objectives while you go about the daily business of enjoying your life.

Over the course of time your needs, aspirations, goals and objectives are bound to change. Our Advice Process ensures your documented plan is flexible and that these changes can be integrated into your long term plan. There is far greater peace of mind in knowing that someone else is looking after your interests and keeping your plan on track.

Sometimes we find that despite changes to your personal circumstances no material adjustments to your strategies are required. However it is reassuring to know that conscious inaction is the only action required rather than that inaction being a result of lack of time or knowledge to deal with the current situation.

Our role in the Advice Process is to chart and manage your journey along the pathways to enable you to achieve your agreed outcomes.

Why does the Wealth By Design process work?

It works because it provides you with a structure, a framework if you like, which works for you to achieve your individual goals and objectives while you go about your daily business of getting on with your life.

Our Advice Process provides a bridge, spanning the chasm which contains your personal hurdles and enabling you to move from where you are now to where you want to be in the future.