DHA Financial Planning Services

Financial Planning Services in Port Elizabeth

Financial Planning Services Port Elizabeth

To effectively manage your finances and achieve your lifetime goals you will need a solid financial plan and a committed financial team to help you along the way.

Our financial planning process is designed around you and the best way to help you achieve your lifetime goals. During certain steps in the process your involvement is critical and we require you to be absolutely honest, open and thorough regarding the information we need you to share with us.

Our simple 6 step process

  1. We will meet with you to collect your information and set your goals.
  2. We will review and analyse your financial position which will allow us to determine your needs.
  3. We will put together a financial plan that we feel meets your needs and is suited to your goals, for you to review.
  4. We will meet with you to discuss this plan and agree on a way forward.
  5. We will arrange to meet with you on a regular basis to review your financial affairs.
  6. We will give recommendations along the way that will help you stay on track towards achieving your lifetime goals.

Our Planning Philosophy (to replace Our Simple 6 Step Process)

Our advice is based on our planning philosophy, which is made up of 4 elements:

Financial Planning Services Port ElizabethThe first step is to help you to articulate your desired LIFESTYLE by having meaningful discussions that consider your goals, dreams, and aspirations.

The second step requires us to determine your required rate of RETURN to ensure that your desired lifestyle becomes a reality.

The third step delves deeper into finding out what ASSET ALLOCATION will give us the best chance of attaining your targeted return.

The last step involves the use of your asset allocation to determine both the amount of RISK that you need to take, can afford to take and risk that you feel comfortable taking. Whether or not the risk you selected and are comfortable with is sufficient, you might have to consider other tradeoffs e.g. save more, spend less, change your goals, disposal of assets etc. for you to achieve your desired lifestyle.

This becomes an ongoing conversation that is guided by your lifestyle and changing circumstances.