And sadly the majority of financial planners/advisers only wear one. Although in disguise they may look like they are wearing more. But when you dig a little deeper it’s only one.
Let me explain further…
You might know by now we are a little different to most financial planners out there. No, we don’t have three eyes. Sure, you can call us a little alternative. Only in a good way though.
We really don’t have a problem telling our clients the REAL TRUTH about money. I’m assuming that’s what you’re looking for, right?
We really do try and do the opposite of what most financial planners do. It’s a sad fact. Many financial planners have too many clients they don’t look after, and over the years has caused our profession a bad name. And of course. Many financial planners are still focused on selling products and investments.
You’ll find we’re not like that.
Firstly, we don’t have too many clients. In fact, WE DON’T WANT TOO MANY CLIENTS. We only want clients with whom we can build a mutually profitable long term relationship with.
In order to do this, we provide a very intimate service, one which isn’t based on the sale of financial products. But one which revolves entirely around our client’s real needs. One in which we help client’s to identify and achieve their real financial goals and objectives.
In other words, advice to help them live their best life KNOWING they will NEVER run out of money. No matter what happens.
We do this by wearing THREE hats.
Hat 1 | Life Planner
The first hat we wear is that of a life planner. And no it’s not some touchy-feely thing. The life planners job is to identify exactly where you are now(current reality). How you got to where you are now. And more importantly, where you want to get to in the next 5 years, 10 years, 15 years or 20 years and more.
In fact, what is it you want to do between now and the day you die and end up in a box! After all, you don’t want to be the richest person in the cemetery. With all the money in the world and no time!
Life’s not a rehearsal, and precious time IS slipping away.
Our job, therefore, is to identify exactly what sort of life you want to live and in particular the type of lifestyle you want to enjoy.
Hat 2 | Financial Planner
Then, when we know what you want to achieve. We’ll take off our “Life planners hat” and put on our second “Financial Planners hat”.
The Financial planning role is to identify all the current financial resources available you have at your disposal. All the financial resources which will become available in the future. And more importantly, all of the resources which you might NEED to become available. In order to live your best life!
There are one of three categories you’ll fall into. Not enough, just enough or the got too much category.
When we have this information. We then put together a comprehensive plan. Which will show you what your financial future looks like? And what action you might need to take to achieve your goals and desired lifestyle. And how to maintain it.
Hat 3 | Financial Adviser
Finally, when we’ve agreed on a financial plan. IF it’s determined financial products are required. To help satisfy the needs of your financial plan.
IF they are. Then we’ll take off our Financial Planners hat and put on our third hat which is that of a financial adviser. In order to identify which financial products or investments from the whole market place should be implemented to achieve your goals.
So, as you can see, we do things a little different to most planners. Being a financial adviser is the least important part of my job. And here’s the important thing. When I eventually do that part of the job. I’ll be doing it KNOWING and UNDERSTANDING what you are trying to achieve. Therefore, any products or investments (if any) will be recommended for all the RIGHT reasons. Not because it seemed like a good idea at the time.
If this makes sense to you and you’d like to know more. Book a call below to see if there’s a possible fit. 👇👇
Here’s to living your best life!
Glenn Doherty – CFP – Money Mentor | Taking the stress out of planning your self-funded retirement | Founder of Jigsaw Private Wealth
We conduct virtual client meetings!
Advice Disclaimer: Any reference in this publication to the provision of advice refers to advice of a generic nature, and should not be taken as product or investment recommendations. Before any action is taken based on the information provided, independent financial advice from a licensed financial adviser should be sought. Financial Freedom Project Pty Ltd ATF GA & DC Doherty Family Trust Trading as Jigsaw Private Wealth is a Corporate Authorised Representative of Exelsuper Advice Pty Ltd. The information contained in this publication is of a factual nature only and is not intended to constitute financial product advice. Information is current as at July 2020. This is an online information blog. It does not imply an offering of securities.