Our Process
1.
Get ready to meet your financial adviser.
Your adviser will ask you to bring some information and documents with you to the first meeting to help us get a better understanding of your current financial position.
2. We listen and learn about you.
It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.
3. We research and analyse.
Your adviser will research your current situation and existing financial products to tailor your financial plan to your personal situation and ensure it addresses all the goals in scope for the financial plan.
4. Your financial plan is ready!
Your adviser will present you with a written financial plan, called a Statement of Advice. The plan will:
Set out your needs and goals, our financial advice and the reasons why we made these recommendations
Provide clear strategies and alternatives for the advice you are seeking
Recommend financial products (where suitable)
Show you how these strategies and products will meet your goals
Inform you of any fees payable and any commission that Wealth Market or your adviser will receive.
5. We put your plan in place.
Once you’ve discussed and reviewed your adviser’s recommendations, we’ll ask for your approval to implement your plan, and to sign an Authority to Proceed. Your adviser will explain the process and help you with any paperwork. Where appropriate your adviser will provide you with any Product Disclosure information about product features, benefits, conditions and costs.
In future, any additional financial advice may come with a new Statement of Advice, or if your financial situation and goals haven’t changed significantly, you may receive a Record of Advice. You can obtain a copy of your Record of Advice by asking your financial planner or contacting Wealth Market directly.
6. Keep on track with ongoing service.
Ongoing service packages are available to help keep you on track to achieve your goals. You will need to sign an Ongoing Services Agreement which sets out the terms of this relationship, including the services you are entitled to, when those services will be delivered and the fees you will be charged. Once a year you will need to sign a new Services Agreement to maintain the services of your adviser for a further 12 months.
We will provide you with a Fee Disclosure Statement once a year. This document will recap the services you were entitled to throughout the previous year, the services you received, as well as the fees you paid in the previous 12 months. Further, the document will outline the services and fees you can expect for the coming 12 months.