How we Work
When adopting our approach, we have drawn on our many years’ experience as advisers, in different financial institutions. Our approach had an objective, to ensure our clients are comfortable talking to us about what’s important to them and us being able to provide advice to our clients, in a clear manner that’s easy to understand.
Many individuals are not aware of the importance of taking financial advice, some may have a previous bad experience, felt they’d been sold something or see the whole process as confusing. Closer Financial Partners ensure the benefits of bespoke financial advice are clear for clients to see.
Our initial meeting will have nothing to do with products or money, it is all about you, what you’re trying to achieve, your goals and aspirations both now and in the future. This initial meeting will be of no cost to you.
If you feel you can benefit from our service, we will work with you to fully understand your objectives and develop these into well-defined goals. We will gather financial information from you to build a comprehensive picture of your circumstances.
Research and Analysis
After discussing your circumstances and requirements at our initial meeting, we will then focus our time researching and analysing the information gathered during our consultation. We will analyse your current position and aim to plan the best strategy to help you realise your objectives.
After analysis we will provide you with a tailored report based on your requirements, current position and your objectives. This will clearly outline our recommendations and in addition to helping you understand why they meet your needs.
Now it’s time to put the plan into action. You can relax in the knowledge that we will be taking care of all the necessary steps to turn your plan into reality.
Reviewing your circumstances & Ongoing Service
We know peoples personal and financial circumstances can change, part of our approach at Closer is to ensure we meet regularly. The benefit of this is to ensure that whatever has been recommended initially continues to meet your objectives, and if it doesn’t and something needs changing we’ll say so and tell you why. This is following financial advice and for your benefit. Another benefit of having regular review meetings is that from time to time there maybe new products available that may be suitable, or changes in taxation or legislation
We believe that it is important for our clients to be clear on what they are paying for, how much they will pay and what payment options are available to them. We do not charge a fee for our initial meeting and will always go through the charges with our clients in this meeting. Before proceeding with our recommendation(s), we will confirm what the costs will be and seek agreement from our clients before implementing the advice. Our mortgage broker fees are typically due when we are ready to submit your application. Fees associated with our pension and investment advice can either be paid when we are ready to submit your application or taken from the money you are looking to invest and are typically a percentage of the amount invested.