Our first step is to discuss your needs in detail, and what we can do to meet those needs as well as the cost structures of these services. Once you have appointed us as your advisor, we will need to gather all the required information and documentation for us to create a financial plan covering estate planning, assets and liabilities, risk cover, investments, retirement, taxation, and accounting issues.
Through our fellow company, Paarl African Trust (Pty) Ltd, established in 1955, we further our offering in drafting wills, administering deceased estates and planning & administering trusts.
When we have completed the financial plan, we will present this with recommendations and alternatives, discuss these with you and if necessary, revise the plan.
When the plan is agreed with you, we will implement the plan and any necessary changes, ensuring that these are done in the most professional and cost-effective manner.
Once everything is implemented and we have received confirmation that all your requirements are in place, we will send you an advice record, including our assumptions, a summary of what has been implemented, a portfolio summary, illustrative projections, and a copy of all your quotations.
We also send you all your contracts from Service Providers or Product Houses as and when we receive these and only after we have made sure that they were implemented correctly.
This is followed by regular updates and reviews of the status of your financial plan, ensuring that you are always informed, and any necessary changes are made in time.
We also keep a record in our office of every investment, additional contributions, withdrawals, income, and every quarterly balance on your investments for as long as we are your appointed remunerated advisor.
Our focus is on financial planning for individuals, and we pride ourselves on being client rather than product focused. Any financial plan reverts to the individual, it does not matter what the client’s business interests and structures are. Our goal is to create and execute a comprehensive plan for your financial success, considering all relevant factors.