Many financial planners will talk money and investing first, forgetting what’s most important – you. At the center of any wealth plan is your dreams, your aspirations, and the lifestyle you want to live.
At Old Mutual Wealth, we partner with like-minded wealth planners who, in turn, partner with you. Your financial planner structures a plan tailored to your needs, empowering you to make the right choices along your wealth journey. As changes take place in your life and the world around you, your financial planner will guide you and evolve your strategy to suit your priorities.
- Initial engagement: Your financial planner meets with you to understand who you are and what’s most important to you.
- Goal setting: Together you discuss and identify your lifestyle objectives.
- Data collection: Your planner gathers financial data for a detailed analysis.
- Planning: You and your planner develop a tailored investment strategy, considering tax, liquidity, and risk.
- Agreement: Your planner documents the plan for your review.
- Implementation: Your investment strategy is implemented through a range of investment vehicles, using a combination of leading specialist fund managers to ensure your goals are achieved reliably over time.
- Monitoring: You and your planner review and adjust annually, to stay on track and align with your lifestyle.
This process enables you to take control of your financial future, and be actively involved in crafting your integrated wealth plan.
They act as:
- A sounding board: offering space to ask difficult questions and reflect on your thoughts and feelings.
- An educator: simplifying the financial world and coaching you through short-term market changes.
- A planner: exploring scenarios with you and co-creating a personalized financial plan.
In life-changing moments, expert advice helps you stay focused on your long-term goals. Your financial planner guides you through emotional reactions, short-term volatility, and the complexities of financial planning, keeping your plan aligned with your objectives.
- Achieve your goals: Establish whether you are still on track towards your dreams
- Lifestyle planning: Shift the focus from reviewing your investment portfolio to reviewing your lifestyle
- Your financial journey: Make the necessary adjustments and receive the guidance to help you take control
Our reality as we know it is constantly changing. Unplanned life events such as retrenchment, the death of a loved one or unexpected travel could significantly impact your financial plan.
Yet, every financial plan can be distilled into four key numbers, whether you're investing R100 or R100 million. These four numbers are:
- Assets: Investment types, tax implications, debt vs. investing, and local vs. offshore options.
- Lifestyle: Set aside capital for emergencies, major purchases, inflation, and generational wealth goals.
- Return: Assess risk levels, asset class impact, non-investment returns, and market volatility effects.
- Longevity: Prioritise legacy vs. lifestyle, plan funding, and understand key variables for future decisions.
Financial planning can be complex, with factors like investments, taxes, and regulations to consider. This overwhelming information can make planning challenging.
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