Making Personal Insurance Personal


As your financial planners, we will be

your personal coach

            – help you establish your life style goals

            – assist you to understand & develop your own personal financial & insurance plan & strategy.

your adviser              

            – implement & establish that own plan

            – manage your investments and insurances

           – manage any claims you may have

your mentor  

            – ongoing revision of your plan


Step 1 – Understanding Financial Planning

At Carter Financial Services we want to educate our clients so they understand what personal insurance is and help them choose insurance that is personalized to their own situation. We wish for our clients to understand their investment choices and options and achieve their financial goals

In assisting you to understand more about the financial planning process, we have detailed each step of the process.


Step 2 – The creation of a complete financial plan

Importantly, we realise that your plan is a means to an end and not an end in itself. Before beginning to formulate your financial plan, we will sit down with you to identify your financial goals and aspirations. We will also want to talk to you protecting yourself and your family now and about your experience with investments.

We will assist you to understand and learn more about insurance and the investment process, and to see what kind of portfolio you’ll be most comfortable with. Personal insurance is just that, it is very personal and can be a very daunting and confronting subject.


Step 3 – Strategies

Depending on your current circumstances and long-term goals, the strategies ultimately recommended could include a combination of the following:

  • Personal insurance, such as life insurance, Total and Permanent Disablilty insurance, Trauma insurance and income protection Insurance to ensure your protect your loved ones and your income now and in the future.
  • Superannuation strategies, including contribution and withdrawal advice, asset allocation strategies including reviewing your current portfolio of investments against an ideal benchmark portfolio.
  • Tax-effective strategies, including income tax and capital gains tax considerations, as well as potential gearing opportunities.

We will then combine and address all of these elements in an integrated financial plan designed to help you reach your long-term lifestyle and financial goals. As with any service or advice your financial planner provides, you will be fully informed of all the costs of the service before you make any commitment to proceed.

If you are serious about reaching your long-term lifestyle and financial goals, and you want to make sure you’re looking at all your options, you should talk to a professional financial adviser, and enter a world of financial planning opportunities.


Step 4 – Implementation of plan

Once you are comfortable with your financial plan and the recommendations, we will help you with its implementation.

We will provide you with the necessary paperwork and follow up on any outstanding issues.


Step 5 – The importance of ongoing service

Every financial plan, no matter how carefully structured, is vulnerable to the effects of change. Changes to your personal circumstances, (for example, retirement or the death of a family member) or changes to the external environment can all affect the currency of your financial plan.

If you’re serious about achieving your financial goals, your initial plan will be just a starting point in a productive, long-term relationship with your financial adviser. To be truly effective, your financial plan must be a living document, changing to reflect your changing priorities and changes in the investment environment.

To take the hard work and the guesswork out of keeping your financial plan up-to-date, we can provide you with a regular review schedule and superior advice. At each review, together, we will revisit your goals and priorities in the light of a number of strategic financial planning issues, including insurance, tax, superannuation, and asset allocation.

We will discuss the level of service you require and fees involved with that service.