Money myths busted: a financial planner is not just for the wealthy.

by Infinity

It’s a common misconception that a financial planner is the preserve of the super-rich. No matter how much you earn, you could benefit from working with a professional. Find out what an Infinity financial adviser can do for you.

Of course, the very rich need an adviser to ensure that their wealth is managed and protected correctly. But so do you!

The vast majority of Infinity clients are ordinary people, just like you. Some may earn millions, others thousands, but most of them share similar goals. They want to purchase a home, secure a comfortable retirement, fund their children’s education, protect their wealth, and pass it on to future generations.

Whatever the income level, we help make these goals a reality.

Five things a financial planner can do with you

Clarify your financial goals

Most of us want to secure a comfortable retirement by building a pension fund. But what exactly does that mean?

A financial adviser will help you turn imprecise goals into precise, quantifiable ones based on your current level of wealth, earning potential and personal desires. For example, you might decide that you want to retire at 60 with a pension pot of a million pounds. It’s important to have clarity on what you are trying to achieve, and a financial adviser can provide that.

Devise a strategy for achieving those goals

How much do you need to save each month and how much capital growth do you require to achieve your goals? We can help you work out the answers to these questions using sophisticated tools.

Assess your attitude and tolerance to risk

How your money is invested will depend on how much risk you are willing to take as well as how much you can afford to take. If you are retiring within a decade, for example, you need to be more cautious than someone in their twenties just starting out on the career ladder. You have far less time to recoup any losses and that needs to be factored into your financial plan.

We can do a detailed risk tolerance assessment to ensure that your plan is aligned to your risk profile.

Protect your wealth

It’s important not to neglect wealth protection. A financial adviser can accurately assess your life insurance, health insurance and critical illness needs and suggest the best policies to ensure that whatever happens to you, your investments and the financial well-being of your family is not put in jeopardy.

We work with many of the world’s major insurers and have access to a wide range of products. They can help you select the most appropriate ones to suit your needs and your budget.

Estate planning

Estate planning enables you to preserve your wealth for future generations by making sure your investments are protected against inheritance tax and other liabilities. It is a vital part of financial planning.

Important elements of estate planning include ensuring that you have a valid will (or wills if you have multiple assets in different jurisdictions) nominating guardians for your children. and structuring your investments to mitigate a potential inheritance tax burden.

We have a wealth of experience helping expatriates with their estate planning requirements. They know the potential pitfalls and can help you avoid them.

Find a consultant who truly understands your needs

In our view, everyone should have a financial adviser to help them secure their financial future.

Infinity has a team of experienced advisers across Asia who have helped hundreds of expatriates from all walks of life put together a comprehensive financial plan to achieve their personal goals. We pride ourselves on our customer-focused, transparent and professional approach.

If you don’t have a financial planner, or you aren’t happy with the service you are currently getting, why not drop Alex a line and let us help your future plans become reality?

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Evelyn Partners is an award-winning financial planning and investment company built on a heritage of more than 186 years. They have won numerous awards and their clients include private individuals, families, charities and professionals.

They presently look after more than GBP50 billion and 172,000+ clients.

At Evelyn, your personal wealth is their personal responsibility.

Evelyn's award-winning services are now available in Asia exclusively through Infinity, and can be applied to new and (probably) existing investments.

To learn more, drop Alex a line, today.

Get in touch with Alex here or at [email protected].