What you can expect
Your comprehensive financial plan generally follows a 6-step process, designed to keep all the pieces on track as you progress from your initial consultation to eventual implementation and follow-up. The process includes:
Goal Setting
- Get to know each other
- Help you define and prioritize your goals – fast, fun and effectively
- Assess your feelings about risk
- Learn about our value proposition with complete transparency
- Are we right for you?
- Provide financial document organizing system
Organize
- Help you get financially organized
- Review and discuss hard facts / documentation
- Review and discuss cash flow
- Help set realistic and achievable goals
- Review and discuss financial assessment assumptions
Strategize
- Deliver your personalized full financial assessment
- Review and crystallize your goals
- Establish the value of your resources
- Help you understand and identify areas where strategies may exist to:
- Reduce taxes
- Increase income
- Reduce expenses
- Increase possibility of achieving your vision of financial success
- Educate you on the key issues and considerations
- Discuss the next steps
Plan Recommendations
- Communicate planning recommendations
- Illustrate how the recommendations may improve your path towards achieving your stated goals
- Bring everything together in a recommendations summary
- Help you understand your options and make choices
Implementation
- Help you put your plan in motion and take action
- Deliver action steps with assignment of responsibilities and timeline
- Prioritize which recommendations will be implemented first
- Coordinate your plan with other advisors such as your attorney, accountant, and property and casualty agent
- Set up your Personal Financial Dashboard
Monitor
- Help you make progress toward your goals with continuous financial planning
- Make adjustments as your goals and priorities evolve and change
- Systematically review your planning on a periodic basis, at least annually
- Between full reviews we are available as trusted advisors whenever you need us
