How do I start?

Step One (Optional)
We suggest at Money Concepts that your first action should be to attend an Educational Seminar (even if you are a seasoned investor). This is the critical starting point. It’s amazing what knowledge can be gained from this Seminar.

Step Two
Is an obligation free interview with your Money Concepts Financial Planning Consultant. A written Disclosure Statement will be provided at this meeting. Take as much financial detail as you can to the interview to assist both yourself and your Money Concepts Financial Planning Consultant. This is so they can accurately assess your situation and take into account your personal goals covering the Short, Medium and Long Term.

Step Three
At the conclusion of the initial interview, your Money Concepts Financial Planning Consultant will assess whether we can assist you or not. If we can help, you will be shown a scale of fees and the price of a Financial Plan suitable to cover your personal needs and goals, plus an example of a detailed plan.

Following this interview your Money Concepts Financial Planning Consultant will write to you to confirm your details, current situation, your goals as discussed, and the cost of the service.

This letter is important as it sets out a background to your situation, your financial affairs plus your goals that you would like to achieve, if there are any inaccuracies then these can be discussed and corrected before proceeding as part of step four.

Step Four
Is meeting with your Money Concepts Financial Planning Consultant to complete the data sheets for a Financial Plan.

Step Five
Is an initial implementation meeting, i.e. putting the plan into action. This interview with your Money Concepts Financial Planning Consultant is to review your Financial Plan and put into action the recommendations made for savings, risk covers or investments both nationally and internationally, to help you fulfil your personal goals.

Step Six
Is written confirmation of all actions and documentation carried out by your Money Concepts Financial Planning Consultant on your behalf. If time has been needed by the client to review a complex Investment Plan and documentation, as shown in Step Five, a second meeting can be arranged for the implementation of the Financial Plan.

Step Seven
Is future follow up annual reviews of Savings, Risk and/or Investment Plans. If we have completed investments for you, you may opt for utilising the ongoing investment advisory service known as the “Managed Allocation Programme”. If this service is chosen, we contact you in writing every three months with management advice on your investments, (note, with this service, the movements of investments to match national and international economies, is free of charge). Each six months a full written report and valuation of your investments is provided and a personal interview with your Financial Planning Consultant is available, also a full tax report on your investments is provided at the end of each tax year.