One of the most important parts of a Financial Plan is ‘being hungry for success’. A financial plan is not something that you ‘set and forget’ and it needs to move and change as your financial and personal circumstances change.
Whilst you should set reasonable and real goals with your Financial Adviser at your initial and subsequent appointments, we encourage you to always stay in touch with our Client Service Team as well. This will ensure you are provided with the advice, products and services you need regardless of whether your Financial Adviser is currently available. We have a team that is here and dedicated to you – use them!
As time goes by, this will become more and more important as you will sometimes change your goals, reach them and set new ones for yourself. Your financial plan must be adjusted to reflect these new goals and like anything else you may need to re-evaluate the steps you can take to achieve your goal, what protections you need in place whilst you are trying to achieve your goals and what steps you can take to get there faster.
The goals you set will help to establish what products and support services you need and will also establish how long you will need these products.
So, in summary;
- Make the most of the time you spend with your Financial Adviser and ensure you spend sufficient time while you are face-to-face.
- Always stay in touch with the Client Service Team
- Advise us as soon as your circumstances change
Whilst there are many key factors involved in deciding what your ideal Financial Plan is, each party involved in setting up the plan should make a conscious effort to re-assess it from time to time as some products may not be appropriate for you forever. For example, you may want to decrease your insurance once you have paid off or sold a major asset/debt and on the other hand you may want to increase your cover when you have a child or secure more debt/buy another asset.
If you think you need to review of your Financial Plan, or any of your financial planning needs, you can contact a member of National Sterling Financial Management Group’s Client Service team at any time either via the Contact Us section of our website, or by phone on (03) 9533 8555. The Client Service Team at National Sterling Financial Management are available between Monday to Friday 8.30am-5pm Eastern Time.
National Sterling Financial Management pride themselves on keeping our promise to you of supplying exceptional Client service and guarantee a reply within 48 business hours.