Financial Planning Process

Achieving financial success is a logical, methodical, and multi-step process

 

Our Financial Planning Process will take you through 5 steps that will help you put aside emotions and focus in on creating a strategic plan to help you meet your Financial Goals.

The work you put in with us will help establish rhythms and perspective for your Financial Picture.

 

  • Goals

    We begin by learning more about you. We want to know where you see yourself in the next year, 5 years, 20 years and beyond.

    Are you buying a home? Planning a trip? Planning for college expenses? Dreaming of retirement? Caring for aging parents? Have a dream to start a second career?

    All of these items are specific to you. We want to understand what makes you tick.

  • Financial Status

    Our next step explores your current Financial Status.

    We will need to work together gathering and analyzing how your income, expenses, assets, and liabilities all fit together.

    We do this to have a comprehensive framework of your cash flow, tax considerations and net worth.

  • Master Investment Plan

    The Master Investment Plan (MIP) is the blueprint for your Financial Planning. This plan will blend together two core pieces in investing:

    PRELIMINARY TIME FRAMES + RISK TOLERANCES

    &

    ALLOCATION + DIVERSIFICATION PLANNING.

    While these pieces will not ensure a profit or protect against a loss, it does help create a balance plan to help weather the volatility of the market.

  • Investment Selection

    If the Master Investment Plan is the blueprint, then this next step is picking out the materials.

    With the parameters in places from the the previous steps, your Financial Advisor will specifically pick investment options that meet the agreed upon Master Investment Plan.

  • Review

    By taking the time to regularly review your MIP together, we can observe how the plan is working; as well as, evaluate any adjustments that need to be made along the way. 

Every investor’s situation is unique and you should consider your investment goals, risk tolerance, and time horizon before making any investment. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Past performance does not guarantee future results. Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification and asset allocation. Be sure to contact a qualified professional regarding your situation before making any investment or withdrawal decision.