To help you formulate what your ‘big picture’ financial goals are, Gavin will assess your existing financial position by considering multiple areas of your finances including superannuation, investments, income taxes, savings, liabilities, retirement planning, estate planning and personal insurances.
This assessment, known as our ‘data gathering exercise’, will enable Gavin to use his expertise to analyse your financial position and strategically assess the areas collectively identified with you, where he can significantly improve your financial situation. Usually conducted prior to your first appointment with Gavin, our data gathering involves providing financial documentation to Amanda such as superannuation statements, shareholding certificates, certificates of insurance, investment statements, payslips, taxation returns and home loan statements.
Although it may feel daunting to share all of your personal financial details which are usually held so guarded, you need to consider our process as a ‘warts and all’ approach so Gavin has full visibility of your finances.
Importantly, Gavin’s role as a Financial Planner is not to judge your past decisions or behaviours, it is to clearly identify the areas he feels can add the most value to your financial position, provide you with the required tools and provide ongoing support, to build your improved financial future.
At Paladin Wealth Group, we liken the data gathering process as providing the ‘master key’ to Gavin so he can effectively ‘unlock’ the areas of your ‘financial potential’, uncover any of your ‘financial skeletons’ and importantly ascertain your financial aspirations, apprehensions, fears and desires.
That way, Gavin can be placed in a well-informed position to strategically formulate personalised advice for you designed to provide you with increased ‘financial freedom’ and ‘greater flexibility’ for you to control your financial future.
Let us help you overcome the obstacle of seeking advice
There is no shying away from the fact that Financial Planning is an extremely complex area, that can often deter a first-time client in seeking financial advice, with ‘fear of the unknown’ and ‘cost’ being two of the highest contributors.
‘Fear of the unknown’ often leaves a first-time client feeling overwhelmed when trying to individually seek their own solutions from limited information sources to improve their own financial position without the diligent guidance and advice from a trusted licensed financial professional.
This is why Gavin will take the time to analyse your financial situation prior to your first appointment with him – at no cost to you, to enable him to identify the available strategies to improve your financial position that he will discuss and prioritise with you when you meet with him.
This is why Gavin will share with you, how he strategically plans to add value to your financial position when you meet with him, by utilising the analysis conducting and his client facing analytic tools, to visually illustrate the strategic financial benefits designed to you to improve your financial situation across the areas of wealth creation, wealth protection, tax minimisation, debt reduction and retirement planning
Although you won’t be able to avoid your ‘fear of the unknown’, Gavin aims to become your trusted partner to assist you in navigating and demystifying the complexities of the available financial strategies that specifically suit you, including relevant legislation, to maximise all of the available opportunities for you build and protect your wealth.
Finally, although ‘cost’ will remain an important consideration, Paladin Wealth Group is firmly committed to ensure that advice will only be prepared for clients where significant value can be added to their financial situation – far exceeding the cost of advice involved.
This is why Gavin has successfully been in business for over 21 years and will be for another 21 more!
With regards to ‘cost’ being an additional barrier to seeking advice, it is extremely difficult for a first-time client to accurately ascertain the value that can be added to their financial position. Although first-time clients are usually aware that product solutions can add value to their situation, it is the strategic benefit that comes from receiving advice that adds the most value through considering government incentives and available legislation across the areas of taxation, superannuation and estate planning that will actually add the most value. These benefits from advice will always outweigh the cost of advice.
