Remember saving your allowance or birthday money? You probably had a specific goal in mind, like buying a bike.
Investing is the same, only the goals are often conceptual — and usually require more in-depth planning. Let’s take “retiring comfortably” as an example.
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What does “comfortably” mean to you?
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When do you want to retire?
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Are you willing to re-prioritize certain things now to secure your ideal future?
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Would you be willing to take more risks or focus more on growth if it meant potentially achieving your goals sooner?
Planning without knowing is virtually impossible, which is why our clients follow our planning process.
New Client Process
We start with a friendly, in-depth chat to learn your “whats” (e.g. income replacement during retirement, estate planning strategies, growing your wealth) and your “whys” (e.g. you don’t have the time to do it yourself).
If it becomes evident we’d work well together, we use our extensive resources at Wells Fargo Advisors to turn your “whats” and “whys” into an action plan tailored for you.
We share our recommendations and invite you to ask questions and give your input.
The discussed investments will be organized, consolidated and simplified into a cohesive portfolio for your goals.
A True Team Effort
You most likely believe your wealth deserves nothing short of the best possible care. We feel the same way. That’s why we often seek the input of our professional network within Wells Fargo Advisors, who possess in-depth knowledge pertaining to trusts, estate planning strategies, portfolio management and more to give you truly comprehensive guidance for your goals.
As our client, you will receive:
As our client, you will receive:
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Scheduled portfolio reviews
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The full backing and global reach of Wells Fargo
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The use of eMoney — a robust financial planning software — to help you stay on track
eMoney Provides Foundational Planning by Answering:
- Are you on track?
- How vulnerable are you to market volatility?
- Can you retire early?
eMoney Provides Advanced Planning Insights, Too
- Tax implications of exercising stock options
- Outcomes of financing a purchase instead of paying in cash
- Proposed solutions for preserving familial assets
Based on accepted statistical methods, eMoney uses a mathematical process used to implement complex statistical methods that chart the probability of certain financial outcomes at certain times in the future. This charting is accomplished by generating hundreds of possible economic scenarios that could affect the performance of your investments. Using Monte Carlo simulation this report uses up to 1000 scenarios to determine the probability of outcomes resulting from the asset allocation choices and underlying assumptions regarding rates of return and volatility of certain asset classes. Some of these scenarios will assume very favorable financial market returns, consistent with some of the best periods in investing history for investors. Some scenarios will conform to the worst periods in investing history. Most scenarios will fall somewhere in between.