Helping you succeed in life's financial journey
Individualised Financial Plans
At Cole Murray, finding out where you want your financial journey to take you and helping you get there is what we're about. We believe that with smart financial planning, everyone in New Zealand can achieve financial success.
'Financial Planning is the compass that keeps us on track'
The old saying of 'you don't know what you don't know' rings true when it comes to all areas of Financial Planning and we're here to share with you all the info you need to be aware of.
Your individualised financial plan
Our specialised Financial Planning service is more than simply giving you advice or creating a budget. We'll look at you and your family's entire financial picture - where you are now and where you want to be.
Our team of qualified, experienced Advisers will work out how your savings, investments, income, debts, insurance, risk profile and financial commitments work together and how they can be structured better to achieve your financial goals.
Together we will tailor a plan that will allow you to put this into action.
What's the process?
You’ll meet with qualified Financial Planner and Authorised Financial Adviser, Bonnie Timu. Bonnie will seek to understand your and your family’s entire financial picture - where you are now and where you want to be. She’ll then go away and work on things for you – tailoring a plan to suit your needs. At your next meeting ‘The Plan’ will be presented to you, complete with professional advice on how to make it happen.
What changes will I need to make?
Everyone's financial end game is different. It might involve altering your mortgage, setting up a savings plan, protecting investments through various levels of insurance, or consolidating your debt. Or it might mean leaving things as they are. We have a reputation for creating workable, real plans for real life, which means we are focused on ensuring your financial journey is set for real success.
We know that life throws curve balls and your financial situation can change at any time. That doesn't faze us. If things change, we're able to alter your plan and you can relax knowing we're here to keep you on track.
What type of Financial Plan suits me?
Your Financial Plan is built around you and your specific needs and goals. As a starting point, you can choose from one of two base plans:
- Starter Plan - if you are new to financial planning or just want to get some order and action in your life, here’s where you get started. This plan will help you set some short and medium term goals (up to 7 years) and take a look at things like structuring your bank accounts, KiwiSaver, managing your personal risk, reducing debt and increasing savings to help you get there – all while keeping the lifestyle you enjoy.
- Complete Financial Plan - if you have more complex needs and are ready to take your finances to the next level, this plan is for you. In this plan we’ll help you scope out not only your short to medium term goals but also get you a plan for the rest of your life, to set you and your family up for the long game. Once you know where you’re headed and have a fresh perspective on your finances, the results will inspire you!
We offer a free, no-obligation first consult (this usually takes around 30 mins) to allow you to get a feel for the process, see which type of plan is right for you and provide you with an estimate.
Our base fee structure for Financial Plans is as follows:
- ‘Starter Plan’ – starts from $299 incl. GST.
- ‘Complete Financial Plan’ – starts from $599 incl. GST.
Your Financial Planning service will be tailored to you as an individual. This means our fee structure can vary – in some cases Financial Plans can be quite complex, so additional hours may be necessary and charged accordingly. In all cases we will provide you with our Disclosure Statement and an estimate in advance, which outlines how we get paid and the fees applicable for the service we provide.
A disclosure statement is available, on request and free of charge.
Meet your adviser
Why work with us?
Because we're real people, just like you, but with the industry experience and knowledge to ensure all aspects of your financial journey are taken into consideration. We work openly and transparently and our services adhere to recognised financial practice standards and legislation. When you deal with us, you can be confident your money is in safe, experienced hands.
What does that mean for you?
It means that we work for you, ensuring your financial health. When things in your life change, you talk to us and we do the run-around work, taking into account your entire financial picture. It's one less thing for you to worry about.
"Before going through this process we had (wrongly) made the subconscious assumption that financial planning was more suited to people with large assets and a range of investments. This process helped motivate us to continue to push ourselves in certain financial areas, and it was also good to consolidate that our thinking and goals were consistent with each other. We could not fault Mike's service... he was friendly, flexible and very knowledgeable." (abridged)