Financial Planning FAQ

Financial Planning is about you and your money. Think of financial planning like a personal trainer – helping you get financially fit.  Financial planning is about helping you make the most of your money and ensuring you are in the best financial shape possible, so that you can achieve your goals.

Our financial planning service is designed to cover all of your financial needs. We provide what we call a ‘Lifetime Financial Strategy‘ that covers your complete financial situation and highlights the essential steps required to achieve your goals. You can take a look at an example ‘Lifetime Financial Strategy‘ to see exactly what is covered. Please note that this example ‘Lifetime Financial Strategy‘ is the most comprehensive report as provided to ‘Premier’ clients only. Clients on ‘Prime’ and ‘Core’ planning services may not have all of these areas covered in their financial plan. For more details of what is covered the different planning services we offer and our charges, please see Financial Planning Charges.

Every financial plan is unique and created around your needs. Typically, we focus on your most pressing and important needs first. In terms of the scope of what is covered, we have developed a unique financial planning process that covers 18 distinct areas. We call our financial plan a ‘Lifetime Financial Strategy‘:

• Lifestyle Planning
• Financial Forecasting
• Financial Organisation
• Budgeting
• Emergency Fund
• Financial Protection
• Tax Planning
• Saving & Investment Planning
• Property Planning
• Retirement Planning
• Debt Management
• Older Age & Estate Planning
• Career Management
• Family Financial Planning
• Spending Analysis
• Philanthropy & Charitable Giving
• Business Financial Planning
• Financial Education

Please note that this example ‘Lifetime Financial Strategy‘ is the most comprehensive report as provided to ‘Premier’ clients only. Clients on ‘Prime’ and ‘Core’ planning services may not have all of these areas covered in their financial plan. For more details of what is covered the different planning services we offer and our charges, please see Financial Planning Charges.

People with a plan are much more likely to achieve their objectives.  This is because it helps people focus on the tasks required to achieve the objective and to identify the obstacles that need to be overcome.  Your finances determine a lot of your choices in life, so achieving your financial goals is clearly very important.

Of course you can.  We are here to help you and we are always on hand. Depending on what you might need help with there may be additional charges.  We are passionate about making the charges for our services clear, so you will always know what any charges will be in advance.

This will depend on the level of service you have selected.  Most of our clients want their financial plan reviewed every one or two years.

No you are not.  You can leave at any time. We hope that you won’t want to leave.  Financial Planning is an ongoing service that is built around you and changes as you change throughout the course of your life.  We really hope we can demonstrate the ongoing value of having this service so that you will not want to leave.

Our financial planning service is available from as little as £30 per month. Find out more about our charges.

Yes we can.  A lot of our clients initially find it difficult to articulate what they want to achieve.  We can help you crystallise exactly what your goals are.

We will meet so that we can get to know each other.  We will help you to identify your life goals.  These almost inevitably have a financial aspect to them.  We will then put in place a detailed financial plan to show how these goals could be achieved.

Certainly. First, you might want to check out the other FAQ pages to see if your question has been answered already. If not, please contact us or use the ‘live chat’ at the bottom right of every page. We’d love to answer any questions you have about NorthStar and how we can help you achieve your financial goals.