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At Adelaide Hills Financial Planning the following process is undertaken to prepare a financial plan for you:

1. Financial Analysis 
 2. Goals & Objectives
 3. Risk Profiling
 4. Strategising & Wealth Creation
 5. Wealth Protection
 6. Implementation
 7. Plan Review


Step 1 - Financial Analysis


The first step we take is to get a clear understanding of your assets and liabilities as well as your income and expenses. We take the time to analyse and investigate your individual  situation in depth in order to obtain a complete understanding of your existing financial situation.


STEP 2 – Goals & Objectives


Every financial plan we prepare is different due your individual goals and objectives.  In your first meeting with one of our financial planners we will focus on understanding what your unique goals and objectives are and the information you provide to us will form the basis for our recommendations in your financial plan.


STEP 3 - Risk Profiling


Your risk profile effects the strategies we will recommend and deem appropriate for you. In our meetings we will discuss with you the level of risk you are willing to take and how comfortable you feel with various forms of risk. Based on your wishes we will determine the appropriate level of risk for you to take. We have five broad categories of investor profiles to be used as a guide in selecting an appropriate asset allocation. 


Five Categories of Investor Risk



STEP 4 –Strategising & Wealth Creation


Based on the above research we create a Statement of Advice (financial plan)  which is appropriate for you in order to meet your personal goals & objectives. Usually your statement of advice will incorporate a combination of numerous strategies such as the following:


·         Superannuation planning,

·         Savings plans,

·         Retirement planning,

·         Salary packaging,

·         Investment portfolio,

·         Borrowing to invest,

·         Centrelink strategies


As part of your financial planning process we will provide projections of your financial situation before and after our recommended strategies are adopted.  The knowledge of knowing what your financial future should look like if you adopt recommended strategies vs continuing on your current path is very empowering.

We will discuss these strategies with you in detail and ensure you can make a confident decision on the best way for you to move forward.

Most people do not achieve financial freedom because they do not have the following simple steps below in place.


·         have a long term view,

·         have a disciplined approach,

·         hold a diversified portfolio spread across various assets


If you implement these simple steps combined with advice from one of our financial planers than you will more than likely be doing very well in 20 years.


STEP 5 – Wealth Protection Strategies


While it is important to increase your wealth to enable you to meet your financial goals and objectives, but even more important is to protect you and your family from the financial hardship of disability or death of a family member.

We strongly recommend that you consider insurance to protect you and your family and have your estate planning needs covered. 


·                     Income protection

·                     Life Insurance

·                     Trauma Cover

·                     Disability Insurance

·                     Estate planning

·                     Health Insurance

Part of our service is to help you when making a claim as the last thing you need during this stressful time is the additional stress of dealing with an insurance company on your own.  We have built a strong relationship with many of Australia's insurance providers which enables us to make the claims process as smooth as possible.


STEP 6 – Implementation


Not many people enjoy completing paper work – at the implementation stage we complete the majority of the paperwork for you to ensure that your chosen strategy can be implemented in a timely fashion and with the minimum of fuss.


STEP 7 – Plan Review


Many factors in your financial situation may change, such as your income, having children, home ownership, interest rates, government legislation and the economic situation.  The only way to keep your plan valid and up to date is to regularly re-asses your existing strategy and make any necessary changes to ensure your strategy is still appropriate for you.

To get the full benefit out of your financial strategy and to have full confidence in all the financial decisions you make, you need to build a long term relationship with your adviser.  A regular review program can help create this relationship and build trust so you can make financial decisions with confidence when required and in a timely fashion. We offer quarterly, half yearly & annual reviews.






Brendan O'Donnell is an authorised representative of Alliance Wealth Pty Ltd.

Your Adviser may offer you services through Adelaide Hills Financial Planning and Adelaide Hills Accounting & Financial Planning which are each separate businesses.

Although the same Adviser may offer you services under the above businesses, each business is solely and separately responsible for the advice they each provide.

This information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. Because of this, you should consider whether the information is appropriate in light of your particular objectives, financial situation and needs.

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