Have you reviewed your ...?

INVEST

Debt Management

How much of your debt is really working in your interest? While some debt can help boost wealth, some can put a massive and unnecessary drain on your finances.


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GROW

Wealth Protection

Insurance is the foundation of all financial plans. Bamboo Wealth Financial Planners can help you evaluate the risks and come up with the right insurance solution for you and your family.


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ENJOY

Retirement Planning

Retirement may seem like a long way off but putting money into super now is still a tax effective way to invest your money. You also can benefit from the effects of compounding returns.


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Investment Bonds

Trauma Insurance

FINANCIAL PLANNING PROCESS

STEP-1

Gathering Client Information

In our first meeting or discuss we like to gain a better understanding of your  current  situation by collecting financial data and identifying your personal needs.  We will ask you many questions to gain insights of your genuine concerns, goals and aspiration for your future. We introduce you to our services and products we are accredited to put you in a better position. We ask tough and personal questions in order to make the necessary changes and face your current reality. We offer you a free no obligation first meeting either in person, on phone or using skype to better understand the following key areas.

  • Your attitude to investment risk and attitude to money
  • What are your previous experiences with money and investing
  • Establish your true aspirations and dreams
  • The current and desired future lifestyle
STEP-2

Establish Goals & Objectives

We will ask you complete a questionnaire to gain insights into what need to achieve in the short, medium and long term.   We look at your current cash flow and attitude in investment in order to consider possible solutions and outcomes. We take our time to listen to you concerns, fears and expectations  as this is the most important stage of the Financial Planning process. Some of your goals could include:

  • Short Term: Protect Family Income
  • Medium Term: Deposit for your first home
  • Long Term: Have enough money to meet your retirement lifestyle
STEP-3

Prepare  & Present Financial Plan

After our first meeting we analyse your objectives, goals and financial situation to identify ways of improving your current situation and potential obstacles. Based on your current age and family situation we begin to design strategies to put you in a better position for the immediate and retirement future.  Our advisers are skilled and accredited to develop solutions in line with your stated goals and objectives. We will use various tools and networks to make realistic solutions.

Usually 2-3 weeks after collecting your data and developing your strategies we will make another appointment to present our strategies in detail.

The areas we will consider in developing your plan include any of the following:

  • Personal Insurances
  • Superannuation Planning
  • Wealth Accumulation
  • Cash flow and Debt Management
  • Taxation implications
  • Investment Strategies
  • Estate Planning
  • Aged Care
STEP-4

Implement Financial Plan

After presenting the Financial Plan and you have  agreed  to the strategies and products  we will then guide you with the relevant documentation that needs to be completed and detail the implementation process  and responsibilities for both yourself and us as your advisers.   This process is time critical and must be carried out carefully to ensure your goals are now in progress. The implementation process will require the following actions:

  • Signing the authority form to proceed
  • Completing application forms
  • Reading the product disclosure statements
  • Being referred to other professionals such as solicitors
  • Contacting your employer
STEP-5

Review & Monitor Financial Plan

Our Financial Wisdom offer an ongoing service to ensure you are meeting your stated goals.

You will experience many challenges in your personal and business life that requires you to review your current Financial Plan or readjust to new developments. We highly recommend you consider an annual review to ensure your short and long term goals will be met. The following are changes are why this last step is critical to your financial future:

  • Economic Changes: Weaker economy or financial markets volatility
  • Personal Changes: Receiving inheritance, Redundancy, starting a family, loss of income
  • Product Changes: New products coming onto the market that meet our personal needs

Regulatory Changes: Government tax, superannuation or social security

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Financial Planning through Life Stages

What our clients say about us

CERTIFICATIONS & ACCREDITATIONS

WHO WE WORK WITH

 
ONEPATH
ASGARD
IOOF
ZURICH
CHALLANGER
CLEARVIEW
NETWEALTH
COMMINSURE
COLONIAL FIRST STATE
MLC
MERCER
AIA
4
PPS
 

Whom we support

 
Fred Hollows foundation
Future2
cancer council Victoria
peter maccallum