We help clients plan and achieve financial success.
Personal finance is more personal than it is finance.
Should I invest or pay off debt?
When should I take Social Security?
How much should I put toward my 401k?
How much income will I need in retirement?
Should I pay off my mortgage?
You can search for general answers to questions like these, but how helpful is that? Effective financial planning requires specific solutions to your specific needs. As with any plan there must be follow-through, which is why we focus on developing the right plan and behavior.
Our financial planning process in 6 steps:
1. Initial call
(get to know one another)
You should trust your adviser to guide you on both complex and sensitive matters. We want to know that we can provide exactly what you need. This call helps us gauge your financial situation and lets you ask questions that test our qualifications.
(our formal contract)
Our written agreement details the scope and estimated cost of financial planning provided. We use a similar contract for our investment management clients, however we do not assess planning fees for clients who meet our account minimum.
3. Gather information
(account statements, goals, etc.)
We collect everything relevant to your current finances, goals, needs and specific areas of concern. This ensures we clearly understand your situation so that nothing is overlooked or miscommunicated prior to constructing your plan and giving advice.
4. Develop your plan
(we get to work)
We build your financial plan. Some back-and-forth is usually required to dig deeper into certain details. Our goal is to complete your plan within two weeks from gathering your information (though actual completion depends on the complexity of your plan).
5. Present your plan
We provide your finished plan and our recommendations to achieve each goal. This includes assumptions (i.e. investment returns), actions required, outcomes and risks. We also forecast your wealth to show how your finances project into the future.
(optional, but recommended)
We meet yearly to adjust your plan for life changes. This is critical toward ensuring that your plan stays relevant over time. We periodically reach out during the first year to see that you are implementing the agreed-upon recommendations.