FINANCIAL PLANNING

bridging your present to your future

WHY FINANCIAL PLANNING

Financial planning should play a critical role in most individuals' financial lives due to the many complexities and opportunities that will arise as one moves from one stage of life to the next. We have developed what we call the "wealth engine", which is designed to help you plan, implement, and monitor a strategic financial plan that focuses on 1) accumulating wealth, 2) managing risk, and 3) providing tax & transfer efficiency. 

Risk tolerance is an investor's general ability to withstand risk inherent in investing. The risk tolerance questionnaire is designed to determine your risk tolerance and is judged based on three factors: time horizon, long-term goals and expectations, and short-term risk attitudes. The adviser uses their own experience and subjective evaluation of your answers to help determine your risk tolerance. 

UNDERSTANDING RISK CAPACITY

Most investors have seen a risk tolerance* questionnaire, which strives to understand the amount of risk they're willing to take. Think of risk tolerance as the emotional side or risk. On the other hand, risk capacity is the amount of risk investors need to take in order to reach their goals. Risk capacity is the logical side of risk. Risk capacity can be determined by developing a comprehensive financial plan. 

ONBOARDING & ANNUAL WORKFLOWS

For individuals and families who choose to engage with our financial planning services it is our goal to make getting started, simple.

First, we establish and define the scope of the planning relationships through our introductory call. Second, we begin taking a deep dive into your financial life through a strategy meeting. Third, our team develops a comprehensive plan with specific action items to make your goals happen. And Fourth, we deliver this plan to you both in electronic form -- via your interactive and collaborative "financial dashboard"-- and a hard copy that lays out the plan in a easily readable and concise manner. 

Once clients are onboarded, we implement a recurring annual communication plan and meeting frequency so that we can continue our collaboration in perpetuity. This meeting frequency is customized to the clients preferences. 

14 WEALTH MANAGEMENT ISSUES

The 14 Wealth Management Issues help us proactively engage with our clients to prepare them for a variety of financial and life issues that will arise as they transition from one stage of life to the next. 

Investment Planning

Cash Flow Planning

Executive Compensation

Credit & Debt Planning

Income Tax Planning

Business Succession

Executor & Trustee Planning

Retirement Planning

College Planning

Insurance Planning

Incapacity Planning

Charitable Gift Planning

Titling & Beneficiaries

Estate Distribution Plan