Process
Discover our thorough financial planning process tailored to address your unique requirements. From the initial consultation to ongoing support, we are dedicated to helping you reach your financial goals.
STEP 1
STEP 2
STEP 3
STEP 4
STEP 5
INITIAL CONSULTATION
In our meeting, we will discuss your current situation, goals, and potential risks. We’ll introduce ourselves, explain our advisory services, and clarify our compensation. This is your chance to gather information and make an informed decision about how we can assist you. We look forward to this important conversation.
STEP 6
IMPLEMENT SOLUTIONS
LifeScope Wealth implements solutions swiftly and efficiently, guaranteeing a seamless transition to your new arrangements. Our project management team will guide you through process, keeping you informed at every step. Count on us for a smooth and hassle-free experience.
COLLECT INFORMATION
At LifeScope Wealth, we are committed to enhancing your financial strategy. We systematically collect a diverse array of qualitative and quantitative data to identify the key areas where we can offer our assistance. During this phase, we may request information regarding your goals, income, expenses, liabilities, and assets through the use of a fact finder and risk profiler. This meticulous approach enables us to establish a tailored framework to develop the most effective financial solution for your needs.
STEP 7
​DELIVERING ONGOING REVIEWS
Following implementation, we will establish a regular review strategy tailored to your needs. This proactive approach enables us to adapt to any changes in your circumstances, ensuring that we minimize their impact on achieving your. If necessary, we will adjust your planning solution to keep you on track.
IDENTIFY GOALS, YOUR CURRENT FINANCIAL POSITION AND GET RESERCH DONE
Based on our analysis of the collected data, we can effectively determine and evaluate your needs, objectives, and current financial situation. Additionally, we identify any issues that may impact the solutions we develop. At this stage, we also conduct thorough research to ensure a comprehensive understanding of your circumstances.
PREPARE A WRITTEN STATEMENT OF ADVICE (SOA)
After collecting all the essential information and finishing our research, we will move forward with creating customized strategies and identifying products that benefit your financial well-being. Our team will evaluate the data, draw meaningful conclusions, and offer you thorough recommendations for structuring and designing your financial plan. Our aim is to improve your financial efficiencies and assist you in reaching your goals. This information be compiled into a detailed Statement of Advice for your consideration.
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PRESENT SOLUTIONS
Our documented solutions are crafted to be clear and logical, offering straightforward recommendations on a range of financial solutions. We highlight the benefits of enhancements to your current situation, ensuring our suggestions align with your overall strategy. You can rely on our thorough and tailored approach to effectively meet your needs.