Our Approach

Oakfield Lee Financial Planning takes a proactive approach to financial planning, ensuring that clients receive ongoing support and guidance to help them achieve their financial goals.

#1. Initial Consultation

The first step in the process is an initial consultation where I meet with the client to discuss their financial situation, goals and objectives, and the costs involved in creating their financial plan.

This meeting is always at my expense, so there’s no charge to the client for this.

#2. The Factfind meeting

During this meeting I gather detailed information about the client’s financial situation, including their income, expenses, assets, liabilities, tax situation, and insurance coverage.

We also discuss how the client feels about taking financial risk and their investment preferences.

#3. Analysis and Evaluation

I will then analyze the information gathered in the previous steps to develop a comprehensive financial plan that aligns with the client’s goals and objectives.

This may involve evaluating investment options, reviewing the clients existing savings, pension and insurance policies, and assessing tax implications.

This is summarised in a financial planning report which is presented at the next meeting.

#4. Presentation of the Financial Plan

During this meeting I present the financial plan to the client, detailing the recommended strategies, including investment options, insurance coverage, tax planning, and retirement planning.

I often include a cash flow model at this stage which helps demonstrate how the plan helps the client to meet their intended goal.

#5. Implementation

Once the client has agreed to the recommended strategies, I assist with implementing the financial plan, which may involve opening investment accounts, transferring existing policies, setting up insurance policies, and making adjustments to the client’s budget or cash flow management.

#6. Monitoring and Review

For clients who would like an ongoing service, I will regularly monitor the client’s financial situation and review the financial plan to ensure that it remains aligned with the client’s goals and objectives.

This may involve making adjustments to the plan as the client’s circumstances change over time, and is completed at least annually.

Jason Bain

‘I have recently been working with Becky to sort out my pensions and to understand what my options for retirement are.

Becky was very professional and explained it in such a way that was easy to get to grips with, and I now have a clear picture of my financial future.

I would highly recommend using Oakfield Lee Financial Planning.’