The competition constitutes of three rounds, with round one comprising the submission of entries together with a portfolio of evidence that includes a detailed financial plan based on the well-known FPI six-step financial planning process and marked by an independent panel of judges. The second round involves a Panel Site Visit to the entrants’ businesses and assessments being done on all aspects of FAIS’s compliance, practice management as well as all client documentation and the financial planning processes. The financial plans are further authenticated during these site visits. The competition progresses to the panel Interviews which is considered to be the final round of the process. Finalists are required to present to a panel on a selected topic and are questioned on a variety of industry trends, topics, technical information and legislative changes.
Financial Planners at Ultima adopt global best practices in financial planning, offer fee-based professional financial planning and continuously improve services to stay relevant and ensure clients lifelong peace of mind.