Private Wealth Management

Navigating Your Private Wealth Course

Our Private Wealth Course is a six-step process that has your interests, your goals and your life aspirations at its heart. It is a complete advice offering. One of its most valuable outcomes is delivering to you a comprehensive financial road map, action plans, and guidance to help you achieve your lifestyle and financial goals. Under this course we also project and manage agreed actions.

Importantly, the course helps us to define and agree where you are headed and how to get you there. It is purpose designed to monitor and provide greater certainty in your dynamic life circumstances.

It sets the broad picture against which we measure our success and plan for the best outcomes possible. Each year an agreed agenda provides you with life choices and, as we get it right, the confidence to achieve your goals. We ask that you commit to regular meetings and engage in open discussion.

The program may require us to bring in specialist services; like-minded professionals who will help us achieve your ultimate goals.

Here’s how it works:

Stage 1: Discovery meeting

Together we spend considerable time discovering ‘how you want life to be’ and gathering necessary information about you – your current circumstances, family, business, work, finances, assets and liabilities. A detailed questionnaire covers all aspects of your financial life.

Specifying needs and objectives

Identifying personal values

Identifying specific lifestyle goals

We identify the issues that relate to you (for instance, you may need estate planning or tax planning). Issues are prioritised, then we investigate solutions, develop plan/s and produce a strategy.

Stage 2: Engagement Meeting

This is our opportunity to make sure that we truly understand your situation. We discuss your hopes and dreams for life now, in three years and in ten years.

At this stage, we agree how we will work together so that we can truly operate as an active partner in helping you to achieve your life goals.

Stage 3: Strategy check-in meeting

We provide a concise outline of your issues (determined from the discovery meeting) and advice covering issues such as asset protection, growth and distribution. Typically, this advice will be a combination of our input and recommendations together with advice from other professionals such as your accountant and solicitor.

The advice provides a solid cornerstone of your strategy for the future. You receive detailed cash flow projections to help you make informed ‘trade-offs’ on decisions which affect your ability to achieve your goals.

Peace of mind is all about having the confidence that you are on track to achieving your lifestyle goals and fulfilling ‘how you want life to be’.

Stage 4: Advice Presentation

Following your acceptance of our advice, we arrange for recommendations to be implemented. This involves co-ordinating the services of necessary professionals (as agreed by you). This is where we also commit to an agreed action plan.

Stage 5: Ongoing Review Services

Together we review your investment performance and portfolio. We track your progress towards the way you want to live against agreed milestones in your game plan. We identify key risks in your plan and update goals appropriately. The frequency of these meetings is determined by you in consultation with PECUNIA Private Wealth Management and ranges from Quarterly, Six Monthly and/or Annually.

Stage 6: Annual review follow-up

We revise your strategic plan, discuss any changes in the plotted course, any changes in your goals, objectives, needs and concerns.

Discuss our recommended advice and your agreed actions to be taken, make any navigational adjustments to your future course and proceed en route.