Stage One – Discovery Meeting
At this meeting we look to understand your current circumstances and your future goals. Once we understand your needs and aspirations we can illustrate how we have helped other clients in similar situations and agree if our service is appropriate for you. We will also outline our service charter and the scope of our fees.
Stage Two – Research
Once we have an outline of your existing circumstances, policies and investment products, we will then obtain authority from yourselves to write to your various providers to confirm the charges, risk exposure and general suitability of your existing arrangements to meet your goals.
Stage Three – Inform and Discuss
This is where we present our findings together with our initial considerations. In many cases we will produce a lifetime cashflow model which maps out your financial future, showing your resources and their ability to support your plans, identifying surpluses and shortfalls for discussion.
Stage Four - Refine and Agree
Having received your feedback from our initial proposals, we will now refine and present a solution to you. At this point all costs associated with the individual products will be clearly outlined and agreed prior to moving to the next stage.
Stage Five - Implementation
Once the proposed advice has been agreed we will proceed to the implementation stage. At this point you will receive a ‘Full Advice and Recommendation Report’ and then, upon your instruction, we will get on with establishing the products and services to meet with your objectives.
Stage Six – Review
We will agree an ongoing service standard with you to meet your current and future expectations. This means an agreed frequency of contact and reporting.
Knowing my financial adviser is available and capable of providing a range of advice gives me confidence that Prime Wealth can support me now and in the future"
Prime Wealth client 2017
Prime Wealth Planning Limited is an appointed representative of Best Practice IFA Group Ltd, which is authorised and regulated by the Financial Conduct Authority. Registered Office: 5 Argosy Court, Scimitar Way, Whitley Business Park, Coventry, CV3 4GA. Registered in England and Wales No. 8003140. A list of Directors is available at the Registered Office. The information contained within this site is subject to the UK regulatory regime and is therefore targeted primarily at consumers based in the UK. Prime Wealth Planning Limited is entered on the FCA register (https://register.fca.org.uk/) under reference 586270. The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren't able to resolve themselves. To contact the Financial Ombudsman Service, please visit www.financial-ombudsman.org.uk.