My Financial Planning Procedures and Services
March 26th, 2009 by ALVIN SOONG
I have given a resolution to myself this year to give a full comprehensive planning for all my clients. I would continously upgrade myself to give the best value to all my clients.
The 6 Procedures I would do for Financial Planning:
1. Establishing and defining the client-planner relationship.
2. Gathering client data, including goals.
3. Analyzing and evaluating your financial status.
I would analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.
4. Developing and presenting financial planning recommendations and/or alternatives based on your goals.
5. Implementing the financial planning recommendations.
6. Monitoring the financial planning recommendations.
The 4 pillars of financial planning I would do with clients cover:
1. Wealth Protection
2. Wealth Accumulation
3. Wealth Preservation
4. Wealth Distribution
My services would include:
Free Comprehensive Financial Planning
Risk Planning
Tax Planning
CPF Investment Scheme
Critical Illness Protection
Tertiary Education Planning
Disability Income Planning
Retirement Planning
Estate Planning
Business Succession Planning
Debt Mortgages
Equity Markets
Business Planning
Various forms of Investments (including unit trusts, ILPs, hedge funds, private and exclusive private banking funds)
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