Process
Sometimes clients need help that requires ongoing accountability and support. Developing and sticking to a plan can be overwhelming for someone who hasn’t done it before. We set up a planning relationship for a fee, whereby we schedule a monthly call to talk through such financial questions as budgeting, debt reduction, savings or credit.
This is the process.
1
Financial Strategy Call
A complimentary introductory conversation for us to learn more about each other, your financial objectives, and the desired value of working together. We will walk through the financial planning process and discuss any questions you may have about the process. You will leave the conversation with an understanding of what our work together will look like and how to get started.
2
Planning Engagement & Agreements
Once you have decided to move forward, we will review a financial planning engagement letter that details the topic areas specific to your planning needs, our respective responsibilities, and the transparent compensation arrangement. This letter is mutually signed along with payment of the first invoice.
3
Getting Organized & Cash Flow
We must understand where you are before determining where to go and how to get there. You will gain access to a secure portal where your financial documents will be organized and stored.
4
Goal Setting & Defining Wealth
Taking the Financial Strategy Call deeper with the knowledge and analysis of your financial documents, this conversation will focus on defining what wealth means to you. We will talk specifics about the short, mid, and long-term goals you have and create appropriate timelines for achieving your goals.
5
Analysis & Plan Development
The analysis of your personal financial documents and development of the financial plan will take place during this phase of the financial planning process. The end product is a custom, comprehensive financial plan for you and your family.
6
Plan Presentation
The financial analysis, topic area summaries, planning recommendations, and measurable action plan are presented during the Plan Presentation. Your Financial Plan will be customized to meet your unique planning goals and objectives.
7
Plan Implementation & Execution
Once you have your plan, I’ll check in on your progress and act as a sounding board for questions and concerns as-needed. You are always welcome to reach out for assistance completing tasks or with questions.