Financial Planning

financial planning is the process of meeting your life goals through the proper management of your finances. life goals can include buying a home, saving for your child's education or planning for retirement.

the financial planning process helps you take a "big picture" look at where you are financially and provides direction and meaning to your financial decesions based on this big picture. it allows you to understand how each financial decision you make affects other areas of your finances. by viewing each financial decision as part of a whole, you can consider its short and long-term effects on your life goals. you can also adapt more easily to life changes and feel more secure that your goals are on track.

 the financial planning process:

establishing and defining the client-planner relationship: when you contact us we will schedule an initial meeting or teleconference where we can learn more about your needs and objectives and we will provide you with a clear description of our services, our approach and our fee structure.

data gathering: if our services appear to fit your needs, we will give you a list of additional information that we will need to create your financial plan. we will also spend a considerable amount of time learning about and uncovering your true financial goals.
 

at the end of the data gathering meeting meeting we will provide you with the estimated total fees of the financial planning engagement. one-half of the fees will be required before the next step of the process begins. 

analyzing and evaluating data: we will analyze your information to assess your current situation and determine what you must do to meet your goals. this could include analyzing your assets, liabilities, cash flow, current insurance coverage, current benefits, investments and tax strategies. 

developing and presenting financial planning recommendations: we will present our financial planning recommendations that address your goals, based on the information you provide. we will go over each recommendation to help you understand them so that you can make informed decisions. we will listen to any concerns you have and revise the recommendations as appropriate.

implementing the financial planning recommendations: we can assist you in carrying out the recommendations ore we can serve as your "coach", coordinating the whole process with you and other professionals, such as your insurnace agents, hr department, attorneys, or stockbrokers. 

monitoring the financial planning recommendations:  we will check in with you periodically to monitor your progress towards your goals, and to review your situation and adjust recommendations, if needed, as your life changes.