>>The Envision process is an effective, easy to understand method that helps you prioritize and achievesome of your most important life goals.
Step 1: Define major life goals
Your Financial Advisor guides you through the process, and it begins by exploring the goals and dreams you have and what concerns you have about being able to achieve them.
Step 2: Ideal & acceptable goals
With the Envision process, you can explore your ability to achieve your goals in multiple scenarios. You, with the help of your Financial Advisor, identify what represents your Ideal scenario and what represents a scenario that may not be ideal but that is Acceptable.
[On screen text: Ideal means a perfect world. Acceptable means you make satisfactory compromises to your Ideal scenario that allows you to enjoy your life.]
Step 3: Prioritize your goals
By using the Envision Priority Cards, you are able to prioritize your goals to ensure that you and your Financial Advisor are on the same page and focused on achieving what you value most.
[On screen: Shows sample of Envision Priority Cards (Estate and Legacy, Education Goals, Business Transition & Success, Retirement Income, Retirement Age, Philanthropy, and Dreams and Major Purchases)]
Step 4: “Stress test” goals
To determine the level of confidence that you will be able to achieve your Ideal and Acceptable scenarios, the Envision technology stress tests each scenario 1000 times.
Step 5: Recommendation
Using the Ideal and Acceptable scenarios along with your prioritized goals, your advisor will create a recommended scenario for you, one that incorporates the goals you value most and takes into account the things that concern you most.
[On screen: Couple sorts Priority Cards. Shows an additional card that says “Increasing Medical Costs” as an example of a potential situation you may be concerned about.]
Step 6: Implement allocation
Next you will work with your Financial Advisor to determine the appropriate diversification of investment products based on your goals, dreams, concerns, and risk tolerance.
Step 7: Monitor progress
The dot allows you to monitor the progress in your investments toward helping you achieve your goals and dreams. This personal benchmark also helps you and your Financial Advisor determine when adjustments are necessary within your portfolio.
[On screen: Illustration shows progress over time (marked by the Dot) as it relates to the Ideal and Acceptable goals.]
Step 8: New goals or priorities
When your life or the world around you changes, you can look to your Envision plan to determine how the changes impact your plan and your ability to achieve your goals.
The Envision process helps you live the life you have the best way you can.