Financial Planning Process
The financial planning process is a multi-step process that helps you identify and reach your objectives. You may benefit from having a written strategic plan for reaching specific goals and/or solving specific problems. Recommendations are based solely on your needs, circumstances and goals, both currently and in regards to your future.
Our Steps to Your Financial Future include:
Establishing your relationship with us. To understand your goals and develop a plan to reach them, you will share information during our conversations together so we can learn more about you and ensure we are the right fit for you.
Gathering information. During our initial meeting together we’ll gather your financial information and analyze your current financial position. We will take a careful look into your financial position and determine the amount of risk you are comfortable with.
Designing and implementing your plan. Based on the information gathered in the first two steps, a personalized plan is designed for you. Goals and objectives are stated, cash flow estimates projected, asset allocation determined and investment choices selected. The plan is then put into action by deploying assets to your prescribed allocation.
Monitoring your plan. Once the plan is in place, we plan at least annual meetings with you to assess the progress toward your goals, and as necessary, make adjustments to your plan.