Our Process

Our financial planning process is built from a straightforward principle: getting to know you and your unique financial circumstances before making any recommendation. So, how does the advice process work?

Step 1: Discovery Meeting

During our first meeting, we’ll sit down with you and take a look at your current financial situation and your future goals. Everybody is different, which is why we take the time to look at your big picture when creating a financial plan that’ll help you meet your goals.

Throughout our meeting, it’s important to consider the following questions:

  • What is it that you are most concerned about?
  • How are you going to fund retirement?
  • How could you pay off your mortgage faster?
  • What would happen if you or your partner had a debilitating illness or injury?
  • Are you prepared for the future?

At Ark Financial Planning, we want you to feel confident when talking about your finances, which is why we value connecting with you first to understand your needs better.

Step 2: Producing your Plan

Then, we create an appropriate plan for your financial circumstances and goals. Financial advice is more than just numbers, income, super, mortgages and, assets. It’s about creating a clear understanding of the life you’d like to lead, the wealth and peace of mind you want to create and how having appropriate advice can help make that happen.

Step 3: Implement and Review

Once your plan ticks all of your boxes, we’ll present you with your Statement of Advice and provide you with a Product Disclosure Statements for the recommended investments.

We’ll present and explain in detail your financial plan that’s tailored to your specific needs, outlining clear strategies that help you reach your goals. The Statement of Advice will include the advice, the basis on which it’s given, details of your financial plan, products, comparisons, projections, risks and any fees and commission.

At Ark Financial Planning, we’ll discuss future considerations and assist you in making formal decisions and answer any questions you may have ensuring you’re comfortable with the advice given.

Step 4: Ongoing Service 

Your circumstances, lifestyle and financial goals are likely to change over time, so it’s essential that your financial plan is regularly reviewed, to make sure you keep on track. Throughout our reviews, we’ll discuss any changes to legislation, economic and market events and how they may impact your financial goals in which we’ll recommend any changes to your plan to help you stay on the best path.

At Ark Financial Planning, we’re focused on providing ongoing support, so you’ll never have to lie awake at night worrying about your financial work. Our reviews help to ensure you’re on track to create your dream financial future.

To find out more about our process, please contact us today.