Description Trading Outlet Private Financial and Asset Planning

1) Overview of total assets
Starting point of private financial planning is the detailed inventory of the assets, income and expenses as well as the protection against certain risks. It is the integral consideration of a very complex company called Private Household.
The aim of the private financial and asset planning is to coordinate the short, medium and long-term targets and wishes of the client with his financial possibilities.
Consequently, the dynamic, integral analysis and consultation of the client with regard to his individual financial and personal situation is characteristic of the private financial planning. The private financial and asset planning goes as follows:

Phase 1
Data acquisition with ascertainment of the actual situation and production of a current financial statement (presentation assets and debts; tax status and tax planning; financial status and liquidity development)

Phase 2
Analysis

Phase 3
Strategy talks with simulation of future development and establishment of the three most important assets targets

Phase 4
Preparation of the financial plan with report and measures overview

Phase 5
Implementation of the strategic results and control. This is followed by regular examination of the financial strategy.

• Overview of total assets and individual effects
• Private financial planning brings order and overview into all financial areas of the client
• Information on the capital investments, factorings and insurance policies often indiscriminately accumulated over the years. These are grouped and clearly portrayed.
• Overview of total assets and individual effects and liabilities
• Existence-threatening risks are shown to the client
• Insight into the risk and yield structure of the total assets
• The view of the future development of the total assets and individual effects
• The old age pension scheme plan: is the money sufficient in retirement?
• Asset succession planning

Conclusion:
The clients desire an independent financial and asset consulting offer from their tax advisor!