Working with Camden Wealth Advisers
How does getting Financial Advice work?
At Camden Wealth Advisers we are committed to helping you develop a solid plan for your future and exploring the range of opportunities available to you. When you choose to work with us, you can expect a professional, personalised and comprehensive approach to financial planning.
Developing a plan for your financial future should be top of our priority list. Sadly, for many of us, we don’t know where to start and what options are available to us. At Camden Wealth Advisers we aim to make working with a financial adviser simple and easy. We pride ourselves on developing long-lasting meaningful relationships that build your confidence in your financial choices and ultimately so you can retire well.
Here's what sets us apart:
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Personalised Financial Planning: We appreciate that everyone has unique financial goals and aspirations. We work with you to create a customised financial plan that aligns with your objectives and takes into account your current financial situation and what you want for your future.
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Experienced and Knowledgeable: We are experienced, knowledgeable and registered as financial advisers. We stay abreast of the latest market trends, investment strategies and financial planning techniques to provide you with informed and effective advice.
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Holistic Approach: We take a holistic approach to financial planning. We take into consideration not only the funds you have but also your eligibility for Government assistance and Estate Planning needs. This comprehensive perspective allows us to develop a well-rounded plan that addresses all aspects of your financial well-being.
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Pride in our Relationships with clients: We understand that transparent communication is key in any successful financial relationship. You can expect regular updates as we move through the advice process, clear explanations of financial strategies and prompt responses to your inquiries.
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Diverse Range of Services: Camden Wealth Advisers offers a diverse range of services to cater to various financial needs. Whether you're looking for retirement planning, investment management, estate planning or tax strategies, we have the expertise to guide you. We also work with other professionals to ensure that your every need is covered.
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Regular Monitoring and Adjustments: The financial landscape is dynamic, and so are your personal circumstances. We regularly monitor your financial plan; making necessary adjustments to ensure we remain on track as your life goals evolves.
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Client Education: We believe in empowering our clients with knowledge. Whether through our socials, the educational resources on our website and one-on-one consultations, we strive to ensure that you understand the rationale behind your financial plan and investment decisions.
Together, we help you navigate the opportunities available to you and build a roadmap for financial success. Your future begins with a well-crafted plan – let us be your guide.
Ready to embark on your journey towards a secure and prosperous future?
How We Work
Discovery Discussion
During this call, we will delve into your goals and reasons for seeking advice. Our primary aim is to determine if our services align with your needs and determine if we are the right fit for you and your circumstances.
How it works:
1. Book your Discovery Discussion
2. You will receive a confirmation email & reminder
3. Prepare for your discussion by considering the questions and concerns you have
4. At the scheduled time, be ready for a 30-minute, obligation-free discussion.
We look forward to speaking to you and uncovering how we may helping you on your financial journey!
Can't find a time/day that suits? Use the contact form and specify times/days that suit you and we will try to accommodate you.
Fact Finding
If, after the call, we mutually agree to proceed further we will book a Fact Finding & Discussion Meeting
Here's what you can expect from this meeting:
1. You will be booked for a more in-depth discussion where we will collect you personal information. We anticipate that this will take about an hour but book for a 2 hour timeframe to allow for delays that may be encountered and for us to complete post meeting administration tasks.
2. You will be asked to complete our "About You Questionnaire" and gather documents to make our time together more productive.
3. We encourage you to review our Financial Services Guide and ask any questions you might have
4. We will spend some time discussing what you are looking to achieve, any issues you are currently experiencing and considering how you view your future.
After this meeting, we will provide you with an initial Terms of Engagement document (outlines the scope of our proposed work), a preliminary costing schedule (outlines the estimated costs) and an invoice for your holding deposit (covers the cost of producing your Strategy Paper - the next step).
Throughout this process, our commitment is to provide you with valuable insights into your financial situation. We aim to create a collaborative and transparent partnership, ensuring that your goals remain at the forefront of our interactions.
Research & Review
Based on the information we collect we will research your current situation and consider scenarios that may be right for you.
We may contact you to clarify some of your goals and prioritise these if necessary.
This phase of advice development involves gaining a deeper understanding of your objectives, goals and needs with the view to moving to full advice.
Once our research is complete, we will contact you to book a Research & Review meeting. At this meeting we will:
- Provide you with a Strategy Paper detailing your current situation
- Discuss the strategy options that you have determined may be right for you
- Clarify any questions or concerns that you may have
- Confirm your advice needs
After this meeting and in discussion with you we may adjust our Terms of Engagement and costings.
We may mutually decide that there are no appropriate strategies that put you in a better position. Deciding to end the advice process doesn't mean the end of our connection. No hard feelings, just a recognition that sometimes, the best strategy is acknowledging there's no perfect strategy.
Plan Presentation
Based on our research and our discussions we will generate a Statement of Advice (SOA). This a formal document that outlines our advice to you. This to ensure we are meeting our legal obligations as well as for transparency and clarity of the advice being provided.
We will contact you once your plan is ready to present to you and book a Plan Presentation Meeting. At our meeting we will go through this document along with any supporting documents. We will discuss each of our recommendations and the consequences on your circumstances.
You will have a chance to ask any outstanding questions, review the research & recommendations and consider your decision to proceed. We encourage you to take the time needed to make informed choices based on the presented information.
Following the meeting, we will discuss any further steps or adjustments based on your feedback. We are committed to ensuring that you feel confident and comfortable with the proposed plan before moving forward. We look forward to presenting your personalized plan and working together to help you achieve your objectives.
Please be aware that all plan fees become payable even if you do not proceed. We appreciate your understanding of this policy.
Implementation & Confirmation
You may opt to undertake your own implementation. In most cases, we will make arrangements to make required changes with various providers.
Once all recommendations have been put in place, we will contact you to confirm and ensure that you are comfortable with any changes that have been made.
We may have outstanding actions that need addressing and may book an Implementation and Confirmation meeting.
Where you do not establish a Fixed Term or Ongoing Service Arrangement: we may also contact you 6 -12 months after your plan has been finalised. This check-in is designed to assess the effectiveness of the recommendations and ensure that they remain appropriate for your circumstances.
Fixed Term & Ongoing Service Arrangements
Where you have more complex circumstances our commitment to your financial success doesn't end with the implementation of your recommendations. We will discuss with you if there are significant future advice needs and may offer you either a Fixed Term or Ongoing Service Arrangement.
Fixed Term Arrangements: involve an agreement that is designed to last less than 12 months. These attract an ongoing monthly cost. Typical FTA's involve our continued support over a period of time and a review meeting toward the conclusion of our agreement.
Ongoing Service Arrangements: are for clients with more complex needs who would like the ongoing support from a Financial Adviser. This agreement is designed to last several years and will attract an ongoing monthly cost. Typical OSA's involve our continued support and assistance with your overall financial circumstances. At a minimum OSA clients are provided an annual review. Additional services may be provided as needed.
Ready to book your Annual Review?
This review serves as a comprehensive assessment of your situation, ensuring that the strategies and recommendations in place continue to align with your goals. It also provides an opportunity to make any necessary adjustments based on changes in your circumstances.