If you’re looking to engage a financial professional, you might be feeling nervous about handing over the control of your hard earned cash.

It’s so important that you have trust and confidence in a financial planner and they provide you with complete transparency. The more you feel they are listening to you, understand you, and have your best interests at heart, the more at ease you will feel.

A financial planner is there to help you set achievable financial goals and implement strategies for reaching them. So how do you know things are on the right track?

More than just printing out a statement

If all you’re receiving from your financial planner is an emailed statement once a year, this is a major problem! Personal attention is key to feeling assured that your financial planner is looking out for you and doing what they said they would do. When you engage a financial planner you’re entering into a relationship with them. For them to understand you, and for you to understand them, you’re going to need to have regular contact.

This could be in the form of a phone call, or video call. It doesn’t always have to be face-to-face. And depending on your availability, this could be just a simple, quick check in. But if you’re not getting regular contact, that is probably a sign that you need to think about changing financial planners.

How regular is regular?

It depends on your portfolio and level of wealth as to how much time you need with your financial planner. But a good rule of thumb would be wanting to have contact at least every quarter.

Once a year a financial planner should be doing a complete review with you. A sit down meeting to go over the results from the previous year, check in on any changes to circumstances or goals, and plan for the year ahead. 

Up-to-date information at your fingertips

At Venture Wealth we take transparency so seriously that we provide our clients with a live dashboard. Accessible on mobile devices, it allows clients to check all their numbers in a secure, real time way. This helps with effective cash management, tracking your investments, and gaining full visibility.

To partner with Venture Wealth in building your wealth and attaining your financial goals, book a complimentary discovery session.