THE HATS WE WEAR
There are many aspects to your needs during a long-term relationship with a professional financial planner. At different times you will rely more heavily on some aspects than others, but it is important to know your adviser is skilled to support you as required. Below we describe the various ‘hats’ your adviser will wear throughout your Life Money Co journey.
The Hats
We Wear
1Therapy
Generally helping you overcome a past negative experience, like heavy loss during GFC or another emotional event that left you scared. Emotions like fear, stress and anxiety will appear along the journey, and your adviser will help you manage these and feel at ease.
2Coaching
Asking great questions to allow you to come to a conclusion yourself. Helping you with your financial confidence, understanding, accountability, and stability by explaining concepts and asking the hard questions are all considered a part of coaching.
3Planning
Considering the information about the current situation, applying different strategies, what-ifs, contingencies, timeframes, obstacles, alternative pathways to test and measure before making decisions.
4Goal Setting
A combination of planning and coaching to help you set the outcomes they want to achieve. Understanding your core values is a critical part of this process and must be present to validate the ‘right’ goals are in the frame.
Specific product and strategy recommendations based on the results of goal setting and consideration of the options available.
5Financial Advice
Introducing you to specialists who can resolve any issues identified in the planning and goalsetting process which are beyond the scope or experience of your adviser.
6Referral
Supporting you to implement the complex outcomes from the Planning, Advice or Referral stages.
7Implementation
Having an ongoing relationship, where we review progress towards your goals, adjust as required and assist with further coaching, planning or implementation.