Our Approach
At the foundation of your relationship with Foster Jones Langham Investment Group of Wells Fargo Advisors is a precise, integrated approach to long-term investing. You will be guided through a disciplined process that includes taking an inventory of your current assets and liabilities as well as analyzing your existing investment portfolio and investment objectives.
We help you stay focused on the importance of developing a flexible plan and chart a path for you to prioritize and accomplish your most important financial goals during various life phases, such as marriage, birth of children, job transition, divorce, inheriting assets and retirement. This individualized approach combines investment expertise and insights with detailed knowledge about your aspirations, as well as your personal interests and passions.
Our team constructs diversified investment portfolios designed to achieve each client’s goals. We diversify your investment portfolio between different asset classes to reflect your specific investment objectives and tolerance for risk. Our investment approach includes working with carefully selected money managers to seek to optimize risk-adjusted returns.
Our Envision® Planning Process
The Foster Jones Langham Investment Group of Wells Fargo Advisors believes that Envision is one of the most innovative financial strategy resources available today. By emphasizing the value of conversation, it can help people prepare for their retirement and discuss some of the questions that tend to keep us awake at night.
Our highly disciplined Envision planning approach offers you an effective way to identify your highest priority goals and develop an investment plan designed to provide you with the wealth you need to live your life the way you want. Instead of tracking your portfolio's performance against a standardized index, such as the S&P 500, we monitor your progress toward achieving your life goals on your own fully customized index.
Identify
We meet with you to discuss your goals, aspirations and resources. Once we understand your values and priorities - what drives your financial decision - we begin to develop your plan.
Plan
We create a plan that incorporates your investment objectives, time horizon, risk tolerance and income needs. We then recommend and coordinate prudent asset allocation strategies, effective investment vehicles, and estate planning strategies.
Evaluate
Once your plan is implemented, we will review your portfolio and evaluate its progress toward your goals. Adjustments and rebalancing will be effected as changes in your needs or the markets dictate, helping to ensure that your asset allocation stays in-line with your objectives.
Source: Results are based on a survey conducted online by Versta Research from July-August 2016 among 762 investors with Financial Advisor relationships. Results are not representative of other client experiences or indicative of future success or performance. The Envision process is a brokerage service provided by Wells Fargo Advisors.
In the percentages above, you can see that research indicates Envision plan holders have found success in the process.
Here's how the process works:
Defining Major Life Goals
The Envision process begins by allowing you to explore what goals and dreams you have while addressing the concerns you have about being able to achieve them. This important step serves as the basis for our conversations together.
Ideal and Acceptable Goals
We'll explore your ability to reach your goals in multiple scenarios, starting with ideal and the acceptable. The ideal scenario represents your “perfect world” goals, whereas the acceptable scenario represents satisfactory compromises you could make and still feel content.
Prioritizing Your Goals and Ideas
The Envision process is built for tinkering, adjusting, and updating. You can “try on” or “test-drive” big-picture goals and ideas to find out how they’ll play out within an investment strategy.
Implementing Your Envision Plan
Based on your goals, dreams, concerns, risk tolerances, and financial circumstances, we can propose an investment mix to help you achieve those goals.
New Goals and Priorities
Change can present challenges, whether it happens in your own life or in the world around you. Whenever necessary, it is easy to update your Envision plan to account for the changes and measure the impact it has on your ability to achieve your stated goals. If your investment plan needs to be updated, the appropriate adjustments can be made at your convenience.
Monitoring Your Progress
The most important part of the Envision process is the way you are able to monitor your progress toward the goals and dreams you wish to accomplish. Your Envision plan will update each night and create a benchmark unique to your goals and circumstances. This information can be displayed on your statements and online.
Making a Recommendation
Once we have an understanding of your ideal or acceptable scenarios, we will also create a recommended scenario for you that will incorporate the goals you value most while potentially deemphasizing some of your lower priority objectives.
Collaborating Closely with You
From this foundational understanding, we will coordinate with your team of specialists to design a wealth plan to your unique needs and goals.
With the Envision process, following your progress is simple. By accessing your account online, you can see a simple chart that tracks your “dot,” which moves based on the value of your investments. When you find your dot is outside of the Target Zone, we can work with you to adjust your investments or your goals.
You can also think of your dot as a personal growth chart for your progress toward your financial goals. By tracking your investment results against the Target Zone, you’re in a much better position to answer the question, “How am I doing?”