See your financial adviser

Article last updated: 20/05/09

Meeting a financial adviser is a five-step process.
1. At your first meeting, you provide a summary of your financial information, including your life goals, to the adviser by completing a questionnaire. Your adviser should also provide you with a financial services guide explaining what they can do for you.

2. Your adviser will then assess the questionnaire and using financial planning modelling software, project your expected financial position, based on different strategies – this helps highlight the feasibility of your goals and the trade-offs that may be required.

3. Based on these discussions and your circumstances and requirements, your adviser will devise a financial strategy to help you achieve your goals.

4. At your next meeting your financial adviser will present a plan to you with recommendations.

5. If you agree to proceed* your adviser will implement the plan and meet with you regularly to review your plan and ensure it remains relevant and on track to meet your goals.

* Different financial plans are based on different levels of risk. Your financial adviser will outline these risks and seek your acceptance of them, before you agree to proceed.