Initial appointment
Choosing a financial planner to guide you through your personal financial planning is a big commitment, so Pryor Portfolio Management offers an initial appointment without charge or obligation. This gives you the opportunity to tell us about yourself and what you hope to achieve, and allows you to find out how we can meet your needs. which will take anything between two and four hours. But in the company of the finest coffee.
This is when we go through:
- Your aims and objectives
- Your priorities
- Current income and expenditure
- Existing plans and investments
In other words, a full exploration of your current situation to ensure we have a thorough understanding of your needs.
By the end of the meeting it will be decided which route would be most appropriate for your needs which could be either;
Pure
MY IFA
Transaction
At the end of our initial meeting, we will give you a quotation for the cost of compiling your Personal Financial Management Plan on your behalf.
Your Personal Financial Management Plan
Once we have a complete picture, we develop your Personal Financial Management Plan, designed to capture your position in a single document, which forms the basis of all the investments you make with our guidance and advice.
This document will include clear visual representations of your current position, the issues you may face, and the areas you need to concentrate on. Below are just a couple of examples of the depth of this review.
Included in your plan is a list of the actions we recommend you take, together with the expected costs.
Implementation
If instructed Pryor Portfolio Management will guide you through the process of implementing our recommendations.
Review and Continued Planning
Your objectives and resources will change over time, as will the assumptions regarding inflation, interest rates and growth. It is critical that your financial planning keeps pace with these changes. By continuing to use our services, continued reviewing and updating of your plan, as required, we will help to improve the likelihood of your achieving the lifestyle you desire.
