How Onboarding Works at FinLit

FinLit onboarding

Before we talk about portfolios, we walk through a structured onboarding process. It covers your current savings, income stability, debt obligations, and the time horizon you are actually working with. You will know exactly what to prepare, what happens at each step, and what we will not do during the first meetings.

FinLit onboarding

How Onboarding Works at FinLit

Before we look at your portfolio, we need to understand your income, expenses, debts, and goals. The onboarding process is structured so that each step builds on the previous one, and you always know what happens next and why we ask for certain documents.

Step 1: Introductory Call

We start with a 20-minute call to confirm your objectives, check whether our advisory model fits your situation, and outline the documents you will need to gather. No commitment is required at this stage.

Step 2: Document Collection

You upload recent statements, tax returns, and superannuation summaries through a secure portal. We review the material within five business days and flag anything missing before the next meeting.

Step 3: Financial Assessment

We map your cash flow, existing investments, insurance coverage, and liabilities. This produces a baseline that shows your current position and the gap between where you are and where you want to be.

Step 4: Strategy Session

We present a draft plan with specific allocation ranges, contribution targets, and risk parameters. You review it, ask questions, and we adjust the assumptions together before finalising.

Step 5: Implementation Plan

Once the strategy is agreed, we provide a step-by-step action list: which accounts to open, which funds to buy, what to roll over, and what to leave untouched. You execute at your own pace.

Step 6: Review Schedule

We set a quarterly check-in and an annual full review. Between meetings, you can submit questions through the portal, and we respond within two business days.

Terms, definitions, and the fine print that keeps expectations honest

What counts as financial advice

Educational content only. Nothing here is a personal recommendation or a solicitation to buy or sell a specific security.

How returns and risk are described

Past performance and hypothetical scenarios are used for illustration. They do not guarantee future results, and principal can lose value.

When we use third-party data

Charts, index figures, and fund facts are sourced from public providers. We aim for accuracy but do not warrant real-time completeness.

What "passive income" means here

Dividends, interest, and distributions are not automatic or steady. They depend on the underlying holdings and market conditions.

About your personal situation

Tax treatment, fees, and suitability vary by jurisdiction and individual circumstances. Always confirm with a licensed professional.

How we handle corrections

If an article contains an error, we update the page and note the revision date. We do not silently alter published guidance.
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