“Simplicity is the ultimate sophistication.”
– Leonardo da Vinci
We believe that financial planning is the most important part of the work we do. That being said, a financial plan doesn’t have to be complex and run hundreds of pages to provide value. A great financial plan only needs to answer two questions:
1. Where do I want to go financially?
2. What will it take to get there?
We don’t produce canned financial plans. Our financial plans are customized for each Client’s unique situation, and we involve Clients in all phases of the planning process. Together we’ll define and prioritize your financial goals, discuss the assumptions used in the planning software (e.g., inflation rate, investment returns, Social Security strategies, etc.), and put together your desired “what if” planning scenarios (e.g., What if I work longer / retire sooner? What if I take the pension lump sum / pension payments? What if I save more / save less?).
Here’s a summary of our financial planning services:
Financial Planning Process (First Year)
- Assist in gathering and organizing your important financial information
- Provide online vault for secure digital storage and exchange of your important financial documents
- Analyze your current financial position
- Help determine, clarify, and prioritize your financial goals
- Identify your personal financial challenges and opportunities
- Develop a financial plan based on your personal financial goals
- Construct an investment portfolio based on your financial plan
- Explain and discuss all recommendations in detail
- Implement portfolios for accounts covered by our investment advisory (IA) services
- Assist with implementing other recommendations
- Provide online Dashboard to aggregate your accounts and to track your financial plan, spending, net worth, etc.
- Provide secure web portal for important updates, quarterly reports, etc.
Financial Planning Process (Future Years)
- Meet regularly to discuss progress toward your financial goals
- Review and update your financial goals and financial plan as needed
- Review investment portfolio recommendations when your financial goals and financial plan change
- Provide advice on any miscellaneous financial issues and questions throughout the year
- Coordinate planning with other professionals (e.g., CPAs, attorneys, etc.)