The discovery meeting is all about us getting to know you better, we will also look at the financial data you give us in advance of the meeting and tell you what your date of financial independence is if you keep doing what you are currently doing without any advice from us.
Financial independence is the day in your life that you have created enough wealth that you don’t have to worry about money and you don’t have to work again. Everybody has one, you might get there when you are 93 or you might get there when you are 43. We will tell you when yours is.
It is important to note that from stage 1 you will have “a nice chat” about your goals, values and objectives and you will also know what your date of financial independence is if you keep doing what you are doing.
The cost of stage 1 is €500 plus vat.
In stage 2 we will start to collate all the information we have about you financially and personally. With written permission from you, we will contact all the life companies, investment houses and pension providers and get details of your existing plans.
It is at this point we do all the financial planning, we work out the best use of your money to support the life you want to have.
When we have all the numbers crunched and work out what you need to do, we bring you back in to go through our findings and advise you what you need.
In stage two we will also talk to you about how to invest money, whether it is regular savings, a lump sum or your pension. Investing is simple and doing it right is quite boring. We have spent twenty years working out how to do it right and we will share this with you in an easy to understand way.
Finally, we document all this and give it to you in a written Financial Plan. You will get a chance to read the plan before coming back in to meet us. When you come back in, we will step you through the financial plan. To complete stages 2 and 3 costs a further €4500 plus VAT.
We will then also hold your hand and implement the recommendations if /where required. This means if you need to buy product, we will find product in the market that suits your needs.
Traditionally advisors would have a bag of product and they would come to see you and fit their product into your life. In Prosperous we do it the other way around, we do the planning first, see what you need and establish if you need anything at all. If you do, we go to the market to find the product that matches your needs.