1. Understanding You
We start by listening. Our wealth planning process is centered around you. We begin by understanding your personal and financial circumstances, your values, goals, beliefs, risk tolerance, and how we can work together to build a comprehensive wealth plan that is customized for you.
2. Establishing Goals and Priorities
Based on our initial discussions, we work to prioritize your goals. Prioritization is a vital part of organizing your plan as we strive to give you the best chance of success at accomplishing your various goals. We assist by helping to ensure that what matters most to you is put at the forefront of our planning.
3. Analyzing Your Progress and Building Your Plan
Once we have clear priorities, we will analyze your current course of action. This requires gathering information including your income, expenses, savings, and net worth to determine your current progress on your goals. From there, we develop alternative courses of action where we see opportunities.
4. Developing Recommendations
Based on our analysis, we develop personalized recommendations that take into account your personality, beliefs, values, risk tolerance and capacity, and financial resources. We utilize the many resources at our disposal to help ensure we have considered a variety of options and prepare to present the ones best suited for you.
5. Presenting the Plan and Recommendations
We schedule a time to discuss your goals, your current course of action, the analysis we did, where we have identified opportunities, and our recommendations. This is an open dialogue where we discuss our findings and answer your questions. We agree on a plan to move forward and recap the conversation in a follow up email including next steps and action items.
6. Implementing the Plan
Execution is key. Our team works together to put the agreed upon recommendations into action. This is a collaborative process between our team and you to implement any plan changes. We work together to promptly provide you with the necessary paperwork and communicate updates with you.
7. Communication and Updates
During our conversations, we will agree on an interaction cadence that best suits your needs. This will be in the form of meetings where we fully review the plan and make updates as needed, and/or calls for less comprehensive discussions.
We work to help ensure that your plan is updated and that any recommended changes are addressed as needed. We are here for you as a resource and available for any questions you have during or between our scheduled appointments.
Our goal is to be a team that you can deeply trust so you can focus on the things that matter most to you.