FAQs

Financial planning is a process of building a roadmap to manage your current finances so you can plan out the strategies to achieve your short-term and long-term goals.

The most common misconception of financial planning is that only the rich would need it. ontrary to that, financial planning can help everyone of different financial situations draw up a clear picture of their current finances and a game plan to achieve their financial goals. This helps reduce your financial stress.

A good financial plan covers 5 areas of personal finance, which all covered in our comprehensive financial planning report.
1. Cash Flow Planning
2. Debt management
3. Investment Planning
4. Insurance and takaful protection
5. Retirement planning
6. Estate Planning

Not at all, there is no fee for starting a meeting. We only start charging when actual work needs to be done. We believe a client should pay for value, not base on time

We respect your personal data and we take compliance with Personal Data Protection Act (PDPA) seriously. Rest assured, your details will be kept confidential and secure, and we will never share your information with any third parties without your consents.

In addition to that, we use appropriate technical and organisational SOP to ensure your personal information is protected against manipulation, accidental theft, or loss and unauthorisation access to third parties.

At some point, everyone needs to develop a long-term financial plan that includes considerations for debt management, funding college education for your children, and a timeline for when you can actually retire.

The longer you wait to figure out your personal finance and get organized, the more likely you are to struggle financially during periods of transition, like starting a family, taking on a new job, building a new business or moving to next stage of your life.

We recommended Malaysian to start planning as early as 25 years old (or at least 10 years before you retired), as compound interest of your investments play an important role in deciding how much money you will have when you retire.

We follow Global CFP’s 6 Steps financial planning, which is a international standard in financial planning.
With these 6 steps, our financial planner can help you create a detail and proven system for you to manage your finances and financial goals effectively.

Below is the summarize of CFP’s 6 Steps financial planning process.
1. Established and define client-advisor relationship
Our LFP will established a healthy relationship with you by clearly explain to you our responsibilities during the financial planning process.

2. Getting to know you
We will gather information about your financial goals. Together we will define your personal and financial goals, understand the time frame for results and discuss how you feel about risk.

3. Analyse your financial status
We will analyse your financial situation based on the input you provided, then we
will help you to visualize your financial status by showing you your current assets, liabilities, cash flow projection and balance sheet. We will also let you know how far you are behind (or forward) in comparison to other people of your age group.

4. Developed a systematic financial game plan to manage your goal.
We will then make recommendations based on the information you provide. We’ll discuss the recommendations with you to help you understand so that you can make informed decisions. We’ll listen to your concerns and revise the recommendations as appropriate. In here, quotation for insurance or investment may presented to you.

5. Implement the financial planning recommendations
Once we agree on how the recommendations will be carried out, we will work together to implement the recommendation. We will provide you with periodic updates regarding implementation.

6. Monitor your financial plan.
We review your situation regularly, including goals, risk profile, lifestyle and other relevant changes. We also review the performance of your plans to assess the levels of volatility and return. This process is part of our ongoing planning discussions with you to make sure we are always working towards achieving your financial and lifestyle objectives.