The stages of a financial plan

FÉRIQUE Investment Services

5 mins

Investments & Savings

Publié le 08/05/2026

Financial planning is so much more than a set of calculations. It’s a strategic framework that gives meaning to your decisions and aligns your financial choices with your goals. It allows you to avoid the need to improvise by anticipating the unexpected and taking into account the various stages of life. Setting up a plan involves several steps.

Financial planning means giving yourself a clear picture of your situation and a concrete plan to move forward. It’s definitely not a luxury; it’s an accessible, human and adaptable tool that helps your organize your finances more effectively according to your life circumstances – to prevent it from being the other way around.

A well-structured process

To set up a plan, you will go through the following steps.

1. Initial meeting
At the first meeting, your financial planner will ask you a series of questions in order to paint a complete financial picture. You’ll talk about your family, your plans, your current situation and the changes you’d like to make.
2. Analysis
Using this information, the planner will assess your savings capacity, debts, tax situation, insurance coverage and readiness for retirement.
3. Recommendations
Once the analysis is complete, the planner will suggest concrete actions adapted to your life and priorities. The result isn’t a theoretical document; it’s a plan that helps you make better-informed decisions. It may involve adjusting your budget, structuring your savings, reviewing your insurance coverage or clarifying your retirement goals.
4. Action
In this step, the plan turns into concrete actions that can be as simple as setting up automatic transfers, reviewing an investment or updating insurance coverage.
5. Follow-up
Life is all about change. The birth of a baby, a new job, a major purchase, a change in income or even fluctuating financial markets can affect your plans. That’s why a financial plan is never carved in stone. It’s updated regularly to keep it aligned with your reality.

Orkestral: create your financial projection through the Portal!

Orkestral is now available to all clients of FÉRIQUE Investment Services, directly in their Portal, allowing them to create their own financial projection independently. To explore more complex scenarios and obtain a financial plan, your planner can support you with a full, personalized version of the software. Watch the video.

Try Orkestral on your Portal

To see how your projects can take shape, let’s start a conversation.

Our advisors and mutual fund representatives at FÉRIQUE Investment Services can assess your current situation and develop a strategy to help you reach your goals.