What To Expect From A Financial Planner

A Financial Planner is a professional who will help you to understand if you are going to be okay financially.


They will help you answer some important questions such as:


These are just some of the common questions a Financial Planner can help you to understand the answers to.


There are generally three types of people:




How much is enough?


Stage 1 – Discovery meeting

Your Financial Planner will work with you and try to understand where you are in your life right now and where you are trying to get to:



Stage 2 – Crunching the numbers

In depth analysis of your current financial position and mapped out future financial position, using conservative assumptions as things stand today.


Stage 3 – Putting a plan in place and helping you to get back in control of your financial future

If you have a shortfall or have too much money, your Financial Planner will put a plan in place and, if appropriate, will recommend relevant financial products to help you to meet your shortfall, or help you to pass on your wealth to your loved-one’s tax efficiently, whilst retaining control if desired.


If required, some of the tools your Financial Planner may recommend could include one or more of the following: –


If you are just right then the first two stages should provide you with peace of mind and you should continue to review your position.


Stage 4 – Regular reviews – Are you still on track?

Probably the most important stage of the process with your Financial Planner will be to review your circumstances with you on a regular basis. Afterall, people’s lives change and you will need to make sure you have a handle on your financial plan and the ability to make adjustments where necessary.


Your Financial Planner will also be there to hold you to account if needed. “Did you actually save the £500 per month last year you said you would towards your Emergency Fund?”


They will be able to show you if you are still on track to meet your financial goals and objectives and if not, what adjustments will need to be made.


A goal without a plan is just a wish.


Alextra Wealth Management Ltd is an appointed representative of TenetConnect Ltd, which is authorised and regulated by the Financial Conduct Authority. TenetConnect Ltd is entered on the Financial Services Register (www.fca.org.uk/register) under reference 149826.

Alextra Wealth Management Ltd is registered in England and Wales under reference: 05541620. Registered and trading office address: 7-9 Macon Court, Crewe, Cheshire, CW1 6EA.

The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

The value of investments and income from them can go down. You may not get back the original amount invested.
Past performance is not a reliable indicator of future performance.
Tax treatment is based on individual circumstances and may be subject to change in the future. The Financial Conduct Authority does not regulate tax planning.