1) Of primary
importance, we will discuss our client-planner relationship-- defining
the nature of it, how we will collaborate throughout the process, and
how decisions will be made as we proceed.
2) Next, we will discuss
your personal and financial goals, needs, and priorities. In addition,
we will gather information regarding your financial life, such as,
significant dates (e.g. anticipated retirement dates), incomes,
investments, and personal expenses (e.g. upcoming weddings, vehicle
purchases, or family vacations). All of these items help us to better
understand your current situation. (Please note that for Issue-Based
Plans, only specific sources of information are required, depending on
the area of focus.)
3) We will review all of
your financial data and develop a preliminary analysis, in light of your
goals, which we will then review with you.
4) Subsequently, we will
develop and present you with a financial plan and recommendations
tailored to meet your personal and financial goals.
5) Together, we will
implement the recommendations you have chosen to put into action. Should
you require or desire the service of any other experts, we will be happy
to coordinate their work with ours.
6) Finally, we will
continue to monitor and update your plan in response to any changes in
your personal and/or financial situation. Our ultimate goal is to make
sure you achieve yours!
Comprehensive Financial Planning
If you have goals or concerns in multiple areas of your life, this
is the level of planning for you. Through a full review of your
finances, we will analyze and highlight the most critical areas,
determining how these areas impact each other and what steps you can
take to achieve your life goals.
Issue-Based Financial Planning
For those of you more interested in having a specific goal or
concern addressed, this is the level of planning most appropriate for
you. By focusing our analysis, we are able to customize your plan to
address the specific goal you have in mind.
Specific Areas of Analysis
Areas of analysis that can be focused on include:
• Asset Allocation
• Estate Planning
• Long-Term Care
• Cash Flow
• Life Insurance
• Net Worth