Why Financial Planning is Important

Managing finances can be stressful, even for the most savvy consumers. As more and more people become responsible for their long-term financial well-being, global research finds that most consumers feel challenged by their finances.

Without a financial plan, it’s hard to know whether you’re sinking or swimming when it comes to your finances. If you aren’t tracking your cash flow, your debt could be growing without you even realizing it.

Create a detailed plan

At Tenzing we conduct detailed financial planning reviews and analyses, where we ascertain an individual’s current financial position and future objectives.

The financial planning process is essential for making accurate recommendations and understanding client specific requirements, which are key when initiating the portfolio construction process and insuring a client’s well-being.

Financial planning process

We follow a simple 6-step financial planning process, from consulting a client for the first time and understanding objectives, to ensuring a client achieves those objectives.