Family Wealth Plan
The Agnew Wealth Management Family Wealth Plan is a disciplined planning process designed to help you clarify your objectives, create the personalized strategies you need to meet them and continually monitor the progress on a trajectory to reach your goals. In addition to our expertise, we may consult with other professionals in our network of trusted advisors to complement your holistic plan.
1. QUALIFY. Begin the dialogue.
At our initial meeting, we get to know a little about you and your needs, introduce our Family Wealth Plan process and then, together, decide if it makes sense for us to work together.
To keep you organized and confident your plan is on track, you will receive your own copy of the planning documents organized in an Agnew Wealth Management Family Wealth Plan binder. This will serve as the centerpiece of all of our review meetings keeping your plans up to date on the milestones of your life.
2. DISCOVER. Understand your financial situation
We engage in a thorough discovery process to uncover all the details of your financial situation, including strengths, issues and opportunities.
We build out your Financial Strategy Action Plan — a high-level overview of the comprehensive strategies that make up your Family Wealth Plan. The Financial Strategy Action Plan includes a list of all your family members, long- and short-term goals and priorities, your other professional management (for example your accountant and lawyers that we may consult as part of the investment planning process), estate and legacy, family security, tax, and philanthropic strategies. This thorough document allows us to help create a personalized plan incorporating creative and objective financial solutions.
3. PLAN. Create your step-by-step wealth plan
Next, we define specific approaches to implement your integrated wealth strategy. This is known as the Envision® planning process. Your Envision plan helps us build your investment portfolio around your real-life goals and needs. Using our tools and technology, we work to track your performance and can make adjustments to your plan whenever necessary. The Envision plan takes into account your life and education goals, assets, liabilities, cash-flow requirements, retirement planning needs, levels of acceptable investment risk and asset allocation strategies. The Envision plan will clearly and concisely identify the constraints and opportunities of your financial situation and informs the construction of your personalized Investment Strategy. We put your wealth strategy to work by establishing any necessary new accounts, initiate the account transfer process, and provide online access instruction.
4. MONITOR. Measure your progress and make adjustments as needed
We continually monitor your investment portfolio, oversee the strategies and, most importantly, regularly meet with you to discuss your plans, evaluate any changes in your personal circumstances and review your investment portfolio. The objective of the meeting is to monitor the plan's progress on the path to meeting your stated investment goals. Working with you and your family, we build long-term relationships based on a culture of trust and communication.