1. Financial Planning Tips by Jim Kenton
The aim of financial planning is to analyze your current financial status and make suggestions
and recommendations that will help you secure your long-term financial future. Many leading
financial advisors recognize that in order to be successful they need to comprehensively
understand a client aims and objectives. Once they’ve established a clear idea of what the client
wishes to achieve they can then begin to identify the best financial solution for their client.
In a typical assessment the following aspects will be taken into consideration, naturally this will
vary on a client to client basis: budget, asset allocation, savings and investment, risk
management, insurance, cash-flow, taxation, life cover, retirement plans and estate management.
To achieve a secure financial future that will benefit both you and your family it is essential that
you discover the best possible solutions for your own individual circumstances and objectives.
By enlisting the support of a personal financial advisor they can help you develop a strong
financial strategy that is designed to fit in with your current lifestyle and long-term plans.
Expert advisors will assess your position on an ongoing basis and make the required changes in
order to deliver the best results. As with most things in life, change happens and it is necessary to
adjust your planning in the event of unexpected situations. Many leading advisors will
understand that you’ve worked incredibly hard for your money and they’ll do their best to ensure
that it works as hard for you as you have for it.
Financial advisors can provide information on the following aspects of wealth management:
Savings Plans. Regardless of the purpose and whether you are looking to save a large or a small
amount, financial advisors will factor in different elements to find the right outcome for your
own individual needs. A savings plan is the ideal way for you to save the funds you need to
purchase a new house, plan a wedding or take time out to travel the world.
Lump Sum & Offshore Investment. These are often a popular alternative to keeping your
saving in a bank or building society and offshore investments can sometimes provide the
opportunity to take advantage of significant tax breaks.
Life Assurance. There is no value that can be placed on life but in order to find the best options
that are available to you a financial advisor will be able to talk you through a range of policies
and offer additional health protection cover that can be added. Jim Kenton Best Financial
Planning information provider. To know more about Jim Kenton and james p Kenton please visit
here: – http://www.linkedin.com/in/jimkenton