Financial Planning for Executives
As someone who works in the upper echelons of business, you’ve put in your time and hard work to reach your esteemed position. Your efforts have likely garnered the respect of your peers and colleagues along with a compensation package to match. It’s time to put your income to work for you and make the most of the opportunities you’ve earned.
Executives have unique financial planning needs. At MyFuture, our Qualified Financial Advisers understand these needs and have the knowledge and experience to provide you with a personalised service that protects you now, secures your future, and keeps you prepared for whatever life throws at you.
Whether you’re new to the C-suite or you’ve staked a claim on the corner office, there are ample opportunities for you to make the most of your income while preparing for your dream retirement. Knowing where and how to invest your money means finding the sweet spot between risk and reward so you can reap the benefits of your hard work.
Financial Planning For Executives
Whatever career path you’ve followed, whether you started in the mail room and worked your way up or your unique genius garnered you a coveted executive role, you have arrived.
Earning executive-level income means you can meet your day to day needs and save for the future if you’re using your money wisely. But with the right financial plan that prioritises your personal goals, you can make both your spending and your savings work for you.
Financial planning for Executives requires striking a balance between making the most of their income, while at the same time ensuring they have the resources to pursue their lifestyle goals.
In order to do that, a healthy mix of tax saving techniques, retirement savings, and investment strategies is required to optimise your current and future plans so the income you earn also earns for you. While earning a high income puts you in a position of relative financial well-being, if you’re not making the most of your financial resources, you could end up missing out on a world of opportunities.
Get Ahead With Quality Financial Advice
Our Qualified Financial Advisers can help you achieve your goals with a tailored financial plan and proven financial expertise.
How Does Financial Planning For Executives Work?
We know that your time is precious and you want to enjoy the free time you have while at the same time preparing for a comfortable retirement. That’s why the team at MyFuture provides a personalised service that puts your needs first. The financial planning process follows a proven 6-step process to make sure all your bases are covered and your financial needs are met.
What is our 6-Step Financial Advice Process?
The 6-step financial advice process is the international benchmark for financial planning. This holistic approach is proven to increase the likelihood of you achieving your financial goals.
Discovery Session
This is our opportunity to get to know you better, understand your financial goals (short, medium and long-term), and what resources you have to achieve those goals.
Research & Recommendations
During these steps, we do the research, run the numbers, document and present our recommendations to you. This can be a comprehensive financial plan focused on long-term wealth creation and/or a statement of advice focused on your more immediate financial needs. We will need to verify the information you provided during the Discovery Session by requesting supporting documents such as loan and savings account balances, payslips, etc. This ensures we are using highly accurate information when developing our recommendations.
Implementation
This step is all about implementing the recommendations. We don’t just provide the recommendation; we take responsibility for helping you implement it. This could involve helping you to complete application forms, working with a broker to restructure your lending, or finding you suitable investments. We understand you’re busy, so our goal is to make your financial world as easy as possible by doing as much as we can in-house for you. However, ultimately, we never have access to your money and cannot sign anything on your behalf, so you need to be an active, willing, and ideally enthusiastic participant in this process.
Ongoing Service & Reviews
This is where the real fun begins—managing and tracking your long-term financial success. We have periodic reviews to ensure your strategy is still appropriate if your goals or circumstances have changed. We adjust when necessary and provide annual snapshots so you can see your progress over time. Most importantly, you have your very own trusted Personal Financial Adviser available anytime to help with the little or big stuff. Worried about making next month’s mortgage repayments? Call us. Your parents gave you an early inheritance? Call us. Broke up with your partner and split all your assets? Call us! We’re here for you every step of the way to ensure that whatever life throws at you, you stay on track with your long-term financial goals.
Frequently Asked Questions
Why Is Financial Planning Important For Executives?
The most important thing a financial plan can provide for executives is peace of mind. Knowing that your hard-earned assets are going to provide for you and your family and last you as long as they need to can truly put your mind at ease as you go about your day to day work.
Beyond providing financial independence and personal freedom, financial planning also lets executives dream big.
Whatever your personal goals, whether you want to retire early, start a new business, purchase or build a new home, take a dream holiday, or splash out on a new car or boat, your financial goals are within reach when you work with the right financial planner.
So what are you waiting for? The key to your financial freedom is at your fingertips, so get in touch with the Qualified Financial Advisers at MyFuture today and we can get started on making your dreams into your reality! Book a FREE no obligation Discovery Session now.