UNDERSTANDING YOU
Transparency • Advocacy • CollaborationYour financial ecosystem
Springtide Wealth Philosophy
An effective financial plan is built from these four foundations using your unique perspective to make it yours.
There are four foundational elements that make up your unique Financial Paradigm.
There are four foundational elements that make up your unique Financial Paradigm.
Living:
All the practical realities that make up your current situation. Your family relations and business entities, your earnings, your spending habits, financial responsibilities and your desires.
Stability:
What do you need to feel safe, and secure? What is your bottom line? What are the elements that you would never put at risk?
Meaning:
Why are you here? What motivates you to accumulate wealth? What drives you philanthropy, to keep working, to spend more or spend less?
Scarcity, abundance, wisdom, power, affluence, ego.
Scarcity, abundance, wisdom, power, affluence, ego.
Legacy:
How the choices you make are a reflection on you today and for generations.
How do you want to be remembered? What values are you embodying in the financial decisions you are making. How are your decisions affecting your family, employees and others in your community?
How do you want to be remembered? What values are you embodying in the financial decisions you are making. How are your decisions affecting your family, employees and others in your community?
By understanding and integrating these four elements of your Financial Paradigm we build a foundation for decision making.
Guiding Principles
At Springtide Wealth we’re guided by three main principles in everything we do to serve you.
Advocacy
We see through our client’s lens. We want what you want, and we have the expertise and connections to turn your plan into your life’s reality. We create an individualized strategy in the ‘financial world’ that relates to your personal approach to life. We turn numbers, structures, taxes and legalities into meaningful outcomes for you and your family.
We create an individualized strategy in the ‘financial world’ that relates to your personal approach to life.
Transparency
From engagement to fulfilment we provide transparent communication about our process, fees, expected returns and the delivery of our services. We provide written reports and easy to read statements that are accurate, relatable and relevant to our clients. Once your personalized financial plan is established we use benchmarks to show you that your plan is on track.
We provide written reports and easy to read statements that are accurate, relatable and relevant to our clients.
Collaboration
We are your personal CFO. Let Springtide Wealth take the lead; we communicate efficiently with your advisors and consultants to ensure everyone is aligned with your plan and engage other experts to support your plan when necessary.
We communicate efficiently with your advisors and consultants to ensure everyone is aligned to your plan.
Our Process
Initial Consult:
During our first meeting, we get to know each other. Through an informal meeting, in confidence, we discuss you, your family, and your business. We look to see through your lens and discover what’s important to you, what lifestyle you want to live and how you want to care for your family today and in the future.
Financial Planning Proposal:
Within two weeks you will receive a detailed proposal. This proposal provides the extent of our engagement; the questions, issues or clarification you are looking for; the objectives; the sources of information; and how this will be delivered. We break down the timeline and hours needed into a fixed cost.
Engagement:
Once we have fine-tuned and agreed to the proposal, we begin the engagement and sourcing of information needed to complete the planning work. This will likely include more in person meetings and introductions to others that may be involved in supplying information or have a vested interest in the plan.
Delivery of the Financial Plan:
Once completed, we meet in person to present a written report based on the goals and objectives of the original proposal. Our reports are designed to be relevant to our clients, the complexity of numbers and graphs act as evidence and are provided as appendix.
Implementation:
Any implementation or decisions that result from the report are carefully prioritized. The implementation of a financial plan can take months and even years. As your personal CFO it becomes our role to coordinate the implementation and involvement of other experts to ensure all legal and accounting matters are aligned to the original goals and objectives set out.
Ongoing Service:
We build a calendar unique to your financial plan that outlines our ongoing service and commitments to you. Using benchmarks from your financial plan we ensure your plan is secure, well managed and on track.