We contact you to arrange a convenient time and place to meet.
We'll require you to gather financial information in advance of our meeting. This will enable us to develop a clearer picture about your particular situation. We will provide you with a checklist of documents that we require to assist you with this process. This is also an opportunity for you to outline the issues that you'd like to discuss.
We assess your current financial position and help identify your goals.
At your review we provide information about our services and explain the type of advice we offer and how we charge. If there is anything you want to discuss, your review meeting is the perfect time to consider these other areas. We assess your assets and liabilities, discuss your objectives and priorities and consider the factors that are important to you.
Using the information we obtain from you, we develop a detailed financial plan.
We look at whether the financial plan will fit in with your lifetime goals and make sure you are comfortable with the timescale for implementing the plan. We research the market, review different products and providers and follow up with the preparation of a document outlining a strategy tailored to your individual goals and circumstances.
We take you through our recommendations in detail.
We explain why we've chosen specific solutions and outline product features. Our goal is to ensure that you understand why we have recommended certain products or a particular advice strategy.
All the necessary product paperwork is completed and processed.
We make sure that all our recommendations to which you've agreed have been implemented. We'll also liaise with your Estate Agent, Accountant or solicitor if appropriate, and always with your approval beforehand.
At this point, you'll agree how often you want to review your plans.
The frequency and level of contact you have with us is up to you. It could be face-to-face meetings, over the phone or by email. If your circumstances change, we also need to know so that we can review what further changes your plan may require. These would typically cover life changing events, including getting married, having a baby, a promotion or buying a new property – all events that may affect your finances and will require you to assess your financial planning strategy.
This process has to be underpinned by a joint commitment from both JMS Financial Services and our clients in order to ensure the successful completion of their financial goals.
We firmly believe in the importance of working together to build rewarding relationships, and working closely with our clients enables us to help them fulfil and achieve their objectives.
JMS Financial Services is regulated by the Financial Conduct Authority (FCA), and we are happy to work within a regulated environment which prioritises the interests of consumers.
JMS Financial Services has responded to the FCA initiative, Treating Customers Fairly, and has set out what clients can expect as part of our advice process.
