When you think of financial advice, you might think of it as a way to invest your money or plan for retirement. But it can do more than that. Financial advice adds real value to your life in many ways. It will help you make better financial decisions, achieve your financial goals, and enable you to live the lifestyle you want.
When you first approach one of our financial planners, you may have a specific question or concern, such as:
While we can help you answer these questions, financial planning will deliver even greater value. It can help you:
Financial planning will help you feel more confident about your finances and give you peace of mind knowing that you are on track to achieve your goals. It will also help you live the lifestyle you want by enabling you to make better financial decisions.
We adhere to strict regulations on our fees. We believe in full disclosure before any business is agreed upon, as costs (including our fees) form a critical piece of your overall decision-making process.
We do not receive any remuneration through commissions or rebates from any third-party investment providers.
The actual fees depend on what you want to achieve with your finances and how you choose to work with us. Crucially, they are mutually agreed with you beforehand.
We offer an initial meeting at our expense. We invest our time in getting to know you and, between us, to understand whether BMP is the right financial planner for you.
We create a detailed financial plan to put you on track to achieve your financial goals. We will typically charge a fixed fee, as agreed with you in advance.
Of course, you may choose to go elsewhere to implement your financial plan or do it yourself. However, if you do decide to work with us, our charges at this stage may be discounted by the cost of the financial plan (point 2) and based on a small percentage of the investment or a fixed fee, depending on what is agreed upon and works for both parties.
We wish to work with you for the rest of your life to ensure you have the right amount of money for your chosen lifestyle and life’s challenges. Again, our ongoing charges are flexible and often depend upon the nature of the ongoing services required and what works as agreed between us.