A detailed planning process is the best way to establish financial security. Once we get to know you we can begin to develop a dynamic plan that will meet your immediate needs and goals while adjusting for changes in your professional and social life down the road. We are in it together for the long haul.
So what are the steps?
1) We Have a Conversation
The first thing we do is have a conversation, a test drive if you will. In this meeting you will be asked a series of questions so that we can have a better understanding of what you are truly looking for. This is the first part of establishing a fruitful relationship, so be prepared! We know that we are not going to be the right fit for everyone and, at the same time, realize that not everyone is going to be a right fit for us. The worst thing we could do is force a relationship. We will identify your values, goals, priorities, preferences, as well as potential obstacles. Along with this, we will mutually establish what your expectations are for us and whether an ongoing partnership is the right fit.
2) Building the Foundation
Once we have agreed that we are a fit we look at which level (complexity) of fee based financial planning you need. I have been asked “why do you charge for planning and other advisors may not?” The simple answer is there is no such thing as a free lunch. The planning we offer is unbiased. What that means to you is that your plan should be able to be implemented anywhere not just on the platform of the advisor selling the plan. We believe that clients who engage in a planning relationship and continue with the goal tracking and monitoring of the plan are more involved and aware of how their investments are meeting their personal goals. During this session we will begin to create a preliminary plan as we have a more comprehensive discussion about your personal and financial goals. The more open this phase is, the more detailed our plan can be.
3) Implementing Your Values
Based on our prior discussions, we will provide an easy to follow roadmap that will lead you towards your financial goals. We will specifically address the areas that are of greatest importance to you: retirement savings, early investment options, risk management, insurance, first time home ownership, estate planning, and detail the steps needed to wisely navigate these important areas.
4) Managing for Change
Your priorities and goals may shift through time, and we are here to proactively adjust your plan if they do. If your life circumstances do require a different approach, we will be here to ensure that your plan transitions along with you all while respecting your values and keeping the plan aligned with them.