Southgate Financial Services Ltd
Financial planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a home, saving for your child's education, planning for retirement or estate planning.
The financial planning process consists of six steps that help you take a "big picture" look at where you are financially. Using these six steps, you can work out where you are now, what you may need in the future and what you must do to reach your goals.
The process involves gathering relevant financial information, setting life goals, examining your current financial status and coming up with a strategy or plan for how you can meet your goals given your current situation and future plans.
Financial planning provides direction and meaning to your financial decisions. It allows you to understand how each financial decision you make affects other areas of your finances. For example, buying a particular investment product might help you pay off your debts faster or it might delay your retirement significantly.
By viewing each financial decision as part of a whole, you can consider its short and long-term effects on your life goals. You can also adapt more easily to life changes and feel more secure that your goals are on track.
David Tickett, our managing director, is a CERTIFIED FINANCIAL PLANNERCM professional. As a result of his twenty years experience as an investment manager prior to becoming a financial planner, he is a Chartered Fellow of the Chartered Institute for Securities & Investment and a Member of the Society of Technical Analysts.
We are happy to offer an initial consultation, free of charge, at our offices, or at your home or office if travelling is difficult for you. During such a meeting we can determine how we can help you and which of our programmes would be most appropriate for you.