Wealth Planning should be done holistically. Insurance, investment, retirement planning are all interdependent. We should do the wealth planning by looking at it as a whole portfolio.
Comprehensive and holistic planning are what we need to achieve financial freedom.
Review your insurance, maximise your coverage with optimising premium
Review and construction of global investment portfolio for higher risk-adjusted return
Plan and invest to generate multiple streams of income for retirement
A financial consultant will work with you to get a complete picture of your assets, liabilities, income, and expenses. He will provide a detailed financial plan on how you can achieve your financial goals. Financial solutions will be provided to suit your financial needs. Insurance planning, investment planning, and retirement planning are often the key planning that a financial planner can work out for you.
Everyone is required to do proper and holistic financial planning. As we may have multiple financial goals to achieve but always with limited capital or budget, we need to plan our finances properly to achieve all financial goals.
I believe financial planning should be done holistically. Insurance, investment, and retirement planning are the three key pillars of planning. These three planning are all interdependent.
Typically, there will be three meetings for financial planning. The first meeting will be about understanding your financial goals, and collecting your financial data like your income, expenses, existing investment summary, and insurance summary. In the second meeting, I will provide my independent financial advice on how you can achieve your financial goals with the information provided. Financial solutions will be provided in the second meeting. The last meeting will be to adjust and execute the financial solutions.
A financial advisor can help to provide holistic financial planning for you. Financial advisors specialize in providing financial advice. He/she will speak to you to understand your needs and cover the missing financial plan that you may not be able to discover by yourself. A financial advisor can also help to construct an investment portfolio for you and provide constant monitoring and rebalancing for your investment portfolio
A holistic financial planner can help you to construct a holistic picture of your current financial situation. Having a holistic financial planner can help you to get detailed financial planning to achieve your multiple financial goals. You should do holistic planning before you commit to any financial products.
Financial planning is the initial process to engage with a financial advisor. The financial planning is complimentary. A financial planner will get the financial planning fee from the solutions that are provided to you or the investment advisory fee under his management. There is no extra cost for financial planning and this is why you should always do financial planning before getting into any financial products.
I am a Certified Financial Planner and Chartered Financial Analyst. I have done more than 1500 financial planning for my clients since 2015. I am advising more than 40 million assets under advisory. I have also trained more than 200 financial advisors in my company to provide financial planning. Every year, I have to attend more than 30 hours of training to keep myself updated on the current financial markets