“Among the key distinctions of the service, which is available across all JMMB Ltd branches islandwide, is its ability to provide clients with an approximate projected value of their goal(s), based on the type of goal and the time horizon in which the client would like to achieve the goal, all while factoring in the economic environment. After quantifying the client’s goal, the service provides a definitive view of where the client is going, followed by a simple step-by-step plan comprised of a portfolio of financial assets, taking into consideration the client’s tolerance for risk and their budget.
This affords clients a more diversified investment strategy, with no guesswork on their part, thereby increasing the likelihood of achieving their financial goals sooner. This has led to a number of missed opportunities in achieving one’s goals, as people did not know exactly what they should have been saving towards. JMMB’s Goal Planning Service simplifies the financial planning process, by beginning with the quantification of the client’s stated goal from the outset. The result is that clients have an accurate and realistic sense of the cost to achieve the goal. Furthermore, in recognising that clients also have a need for increased flexibility in planning for their wide range of financial goals concurrently, the Goal Planning Service will assist individuals to plan for the achievement of more than one goal. As the financial entity that was a pioneer in the local sector, JMMB is again taking the first step in making true goal planning a concrete reality for our clients.”
Kisha Anderson, JMMB Jamaica Country Head.