Specialist Expertise - Risk Management and Financial Planning
Email - warrenk@strettons.co.nz
DDI - (07) 377 1848
Risk Management.
Warren takes his clients through the process of identifying and assessing all aspects of business and personal risk that could impact on their - and their families - wellbeing. The main aim of going through the process is to eliminate, isolate or minimise risks identified from occurring.
As a result of going through this process, one of Warren's clients was able to halve the premiums being paid to a range of insurers. As debt restructuring was being considered at this time, the savings in premiums were redirected to the debt repayment - resulting in 10 years taken off the term of the loan. In addition to the financial savings, the current insurance portfolio is now much easier for Warren's client to manage.
Financial Planning
As well as helping clients identify areas of risk, Warren helps his clients' plan for the future. One of Warren's clients in particular was pleasantly surprised after going through the planning process, to learn they would have more to spend in retirement (if they wanted to) by making some small changes to some of their financial expenses along the way.
For example, they learned that minimising car replacement costs by reducing the frequency they changed their vehicle from every two to every three or four years, would make a considerable difference to their disposable income in retirement. Also, they liked to travel overseas regularly and could see from the plan they developed with Warren, that if they travelled less frequently, this reduction in spending - would once again - contribute significantly to their available disposable income over time.
Case Study
Warren Kettlewell- ASSOCIATE