There are few industries in the world that have accomplished what the US commercial aviation industry has – an almost perfect record of safely delivering passengers and doing so consistently for many years. According to the Flight Safety Foundation, in its March 2024 Safety Report, 2023 was one of the safest years ever for commercial aviation.
Misunderstood by the public is that beyond engineering highly effective design and manufacturing processes for aircraft, what has truly made aviation safer has been the development and presence of operating standards. It is this advancement of preflight and in-flight checklists developed to interrupt the tendency of people to forget things that has virtually eliminated human error from flying.
Misunderstood by the public is that beyond engineering highly effective design and manufacturing processes for aircraft, what has truly made aviation safer has been the development and presence of operating standards. It is this advancement of preflight and in-flight checklists developed to interrupt the tendency of people to forget things that has virtually eliminated human error from flying.
Given the apparent complexity to managing prosperity, gleaned from our team’s multiple decades of experience we have learned it is virtually impossible to remember all the critical life events a client may encounter. Like a pilot safely recording a flight plan, guiding our clients to financial fulfillment can over the course of someone’s lifetime be as impactful given they are trusting us with their future personal wellbeing. Our experiences dictates that borrowing insight from the commercial aviation industry to be imperative through incorporating expansive checklists throughout the investment planning process.
Constructing a well-crafted investment plan is foundational in helping take a client’s life status today to their goals of tomorrow, and ultimately that of their children and grandchildren. Not only have we created operational standards to augment our planning process by developing our nine wealth management disciplines, but we have also incorporated several preparedness checklists to help address a myriad of life issues that clients may face.
The Complexity to Managing Prosperity
Ultimately, our goal, in creating and incorporating these procedures as a standard of care, is to advance an advisory model for holistic wealth management that our clients would consider as a benchmark standard for themselves and their families.
Working with our financial preparedness checklists in conjunction with our nine wealth management disciplines supports creating as thorough a plan as possible for each stage of a client’s life. Leveraging these comprehensive planning tools also works to diminish the potential for an unintended consequence such as inadvertently neglecting an important life event that may negatively impact a client’s life.
As part of our core investment planning process, our checklists become a cornerstone to building upon each client’s life statute as they aim to climb their personal ladder of financial success.
As part of our core investment planning process, our checklists become a cornerstone to building upon each client’s life statute as they aim to climb their personal ladder of financial success.