Working with You
Bourlet Consulting is a Chartered Financial Planning firm with personal service at its heart
Where do we start?
Coming up with a solid financial plan means doing some homework — both on your part and ours. From analysing your current situation, to setting goals, to deciding how to measure your progress, as Chartered Financial Planning professionals we are uniquely qualified to take you through the financial planning process.
Discovery Meeting - getting to know each other
Our first meeting is free of charge and without obligation while we get to know each other. We will ask you to think about your future lifestyle and what is most important to you. This will enable us to understand your goals, concerns and current financial situation. We will discuss what you are seeking to achieve, identify potential financial strategies and clearly outline the costs of our services.
Financial Snapshot - collecting the facts
When you are happy to proceed, we will:
- Collect detailed financial information
- Agree timed and costed goals
- Complete a risk profiling exercise
We then use this information to create a comprehensive Financial Snapshot that summarises our understanding of your goals, concerns, assets, liabilities, income, expenditure, attitude to risk.
Strategy Meeting - informed decision making
To make good decisions, you need to know how your finances might shape up in the years ahead given sensible assumptions.
The next step is for us to prepare a fully researched Strategy Report and cashflow which:
- Sets out the best way to allocate your resources
- Models your financial future
- Reviews existing investment strategy
- Audits current costs and charges on existing contracts
- Considers the opportunity for:
- Reducing taxes
- Reducing costs and charges
- Managing risk
We will meet with you to discuss the findings in more detail, consider "What if?" situations and answer any questions you may have.
By the end of this stage you will have a robust strategic plan so you can make informed decisions.
Implementation - putting the plan into action
Once you have received the report, you may wish to implement the strategy yourself. However, if you prefer, we can take your instruction to carry out the actions on your behalf. The choice is yours to make.
60 Day Meeting
Once our recommendations have been implemented we meet with you to:
- Ensure you fully understand what has been implemented
- Help sort out any paperwork
- Set up any online access if appropriate
- Set our first review date (if applicable)
In future, you may wish to retain our ongoing services.
This is designed to meet all your requirements for financial advice and includes unlimited access to your adviser.
The service includes a thorough annual review of your portfolio along with recommendations to make best use of your annual income, capital gains and if appropriate, inheritance tax allowances.
Your cashflow forecast will be maintained and fine-tuned to keep in line with your changing circumstances. With your permission, we will also liaise with other appointed advisers on matters such as:
- Estate and philanthropy planning
- Trusts to protect vulnerable persons
- Realising the value of your business
- Pension optimisation
- Tax reduction strategies
- Care planning
The Discovery Meeting is without cost or obligation. Thereafter our fees are straightforward and transparent.
You have the choice at each stage of the discussion whether you wish to take the next step with us. There is no commitment to progress to the next stage unless you wish to do so.