Services

/ Financial Planning

Rede Advisers begins helping you through a process of identification, analysis and strategic planning for the achievement of your personal goals, in the short and long term.

The goal of Financial Planning is the achievement of your lifestyle and retirement goals.  To help you get there, we will create and implement a financial plan, and then review this on an ongoing basis to keep you on track, and work to achieve your specific (and often changing) goals.  This is achieved through the implementation of the 'Rede' six-step process:

 

The 'Rede' Six Step Process:

1.      Identify Your Goals

We assist you to quantify goals and objectives;
We assess your short, medium and long-term goals and objectives;
We endeavour to put a dollar value, where appropriate, and a time limit on these goals.

2.      Assess and Identify Key Issues

We meet and establish a mutually beneficial relationship;
We assess your "Risk Profile";
We collect and detail all relevant financial data including ownership of assets;
We assist you in capturing this data where necessary.

3.      Analysis and Planning

We quantify, both financially and in writing, the reasons why the goals and objectives can / cannot be achieved;
We use graphs and charts to portray the problem areas;
We consider taxation, estate planning and insurances, as well as asset and liability and cash flow issues.

4.    Strategic Financial Plan

We produce a written financial plan outlining your current situation and objectives, our analysis and recommendations;
We identify and state the material assumptions used in its preparation, such as inflation, investment, growth;
We use a researched information base for all our recommendations.

Our comprehensive plans include:

- Balance Sheet and net worth calculation and an analysis of existing portfolio. Cash Flow statement.
- Investment Portfolio structure recommendations.
- Retirement Planning analysis, including estimate of cash flow available in retirement.
- Analysis of Estate and Tax Planning implications including advice to in relation to wills, enduring powers of attorney and family trusts.
- Risk Management analysis of your financial exposure relative to mortality and liability, including business succession protection.

This will include life, trauma, disability income, medical and business insurance.

5.    Plan Presentation and Implementation

We work with you to establish priorities amongst the recommendations to be implemented, including the person responsible, action required and timing.

6.    Ongoing Reviews

We ensure that every financial plan is to be reviewed at least annually;
We take remedial action where circumstances either internal or external have changed;
We conduct all reviews in writing and fully detail any action or reason for non-action;
We offer Portfolio Management Services to you on request.

The Rede planning process is of the highest calibre, and is founded on principles endorsed by Financial Advice New Zealand. While all steps are important, it is the ongoing relationship that is formed between you and the Rede Advisers team that provides the greatest certainty of achieving these goals. It also means your strategies are reviewed where required due to changes in your circumstances.