During your first meeting your financial adviser will gain an understanding of your present financial position, your objectives and needs.
Once your financial adviser has a good understanding of your goals and financial situation, they can put together an achievable financial plan.
After your initial meeting your financial adviser will give you a Statement of Advice, which explains your situation and your financial adviser’s recommendations. This document details any applicable fees and charges.
Your financial adviser will help you implement the plan, purchase recommended products, assist with ongoing administration and provide you with updates and reports.
It's important to regularly review your plan and make any necessary adjustments. How often you see your financial adviser depends on your needs. During your reviews your financial adviser will track your investments, review your progress and inform you of any new opportunities.