Step 1: Review
For new clients, the review process starts with a comprehensive consultation to assess your current situation, financial goals, investment attitudes, and existing assets. We determine if we are the right fit for you! If we believe we can help care for you and your family, we take the next steps to develop a personalized financial plan tailored to your needs. This plan includes an investment strategy, retirement planning, and tax considerations. Regular follow-ups and periodic reviews ensure that the plan remains aligned with your evolving goals and market conditions.
For existing clients, our review process includes regularly scheduled meetings to revisit and adjust your financial plan as needed. We evaluate your portfolio's performance, assess changes in your financial situation or goals, and make necessary adjustments to keep your strategy on track. These reviews also provide updates on market trends and their potential impact on your investments, ensuring your plan stays optimized and responsive to your needs.
Step 2: Analyze
During the initial portfolio design, the post-review analysis involves a thorough evaluation of the information and statements you provide. We assess how effectively your current strategies meet your objectives, review investment performance, and identify needed adjustments.
For existing clients, the post-review analysis focuses on the impact of recent changes to your financial strategy. We evaluate portfolio performance, assess adjustments made during the review, and analyze their effectiveness in achieving your goals. This process ensures your financial plan remains responsive to your evolving needs and market conditions.
Step 3: Develop
We create a tailored financial plan that includes investment strategies, retirement planning, and tax optimization. This comprehensive plan aligns with your objectives and sets a clear path toward achieving them. As we implement the plan, we monitor progress and adjust as necessary, ensuring it evolves with your needs and the market landscape. Regular updates and strategic tweaks help maintain optimal performance and progress toward your long-term goals.
Step 4: Coordinate
Once we outline our plan, we encourage clients to connect us with their other advisors. Collaborating with professionals—such as accountants, attorneys, and insurance agents—allows us to make the most effective financial decisions. This coordinated approach ensures all aspects of your financial life—tax strategies, estate planning, and risk management—are seamlessly integrated. Working together, these professionals provide a holistic view and tailored solutions that can address your specific needs, enhancing the overall effectiveness of your financial plan.
Step 5: Implement
We take a holistic approach regarding financial products and financial strategies. Fixed products that may be appropriate include life insurance* and deferred annuities. Life insurance provides financial security for loved ones, potential tax benefits, and can address estate planning goals. Annuities can offer guaranteed income (subject to the claims paying ability of the issuing company), and can help with retirement planning by providing financial stability and predictability. Investments, such as stocks and bonds, are typically employed to help grow wealth and build greater diversification in a portfolio. By integrating these various financial products we can create a more robust financial strategy that can better balance risk and reward while aligning with your long-term objectives.
Step 6: Summary
As your financial advisor, we commit to continuous monitoring and regular check-ins to ensure your financial plan remains aligned with your goals. Through scheduled meetings and proactive communication, our ongoing support ensures that your plan evolves with your needs and market conditions, providing peace of mind and confidence in your financial future.
