How we work

As Independent Financial Advisers we are free to advise on financial products available from all product providers. We use advanced computer software to research, compare and select the most suitable deals available. We are thus able to make arrangements to maximize the benefits to our clients.

We will help you to review your existing financial situation and reach a realistic assessment of your likely needs. For this, you'll need to set aside some time to talk to us - the first one-hour consultation is free. There's no charge, and no obligation, while we find out together if it's worth going ahead.

Depending on your instructions we will carry out a needs analysis based on your current situation, and taking into account any specific plans and/or targets you may have. We will then advise you on anything from a short term financial objective to a lifetime financial plan, followed up with regular reviews.

You will receive professional advice about where your financial arrangements are already good, and where they're inadequate (or not covered at all).

You'll also have our help to decide how much provision you need to make and the order of priority in dealing with your finances. And, of course, it will all be sensibly balanced in relation to your current income and your prospects

In almost all cases we are able to make arrangements which clients would be unable to make for themselves. All our proposals will be fully explained and costed so that you'll know exactly what and why before you agree to anything.

Identify your needs and goals

This stage requires that I ask a lot of questions about your current financial situation lifestyle, character and goals. I will gather information about your income, expenditure, liabilities, assets, financial commitments and existing financial products. I will also establish your specific financial goals and attitude to investment and associated risks. The information collected at this stage will form the foundation of any advice I give you, so it is vital to be thorough.

I will not expect you to know all of the details of your existing pensions, investments etc. but I will ask you to provide me with policy numbers and company names. With your agreement, I will then contact the providers and obtain the information I require.

Research & Analysis

Once I have all of the necessary information. I will analyse your situation, look at all the options available and formulate a plan of action.

I will then produce a comprehensive, bespoke report which will summarise all of the information you have provided, detail your existing arrangements and provide specific recommendations on the action you should take. This might include changing existing investments or filling gaps with new financial products.

Any product I recommend are thoroughly researched and selected from the whole of the market. I also take pride in my ability to communicate my advice in plain English.

I will meet with you to go though the report, explain the thinking behind my recommendations and answer any questions you may have.

Implement the Plan

By this stage, you will have a thorough understanding of your financial situation and what is required to achieve your goals.

If you are happy to proceed, we will go through the necessary paperwork and put in place any recommended plans and arrangements.

Monitoring your Progress

Your personal finances will constantly change over the years and can be affected by a range of elements including investment conditions, taxation and legislation, so regular reviews of your financial position are essential. As a client of RB Financial you will have your investments and plans reviewed at least annually.