“Everyone needs and deserves a quality financial plan.”
We can help no matter what cycle of your financial life you're in...
Whether you are a early saver, late saver, retiring, or living in retirement, we can develop a retirement plan or investment strategy that is tailored to your specific situation. With our comprehensive approach, we'll cover all the potential risks that you may not have planned for:
- Cash Flow Analysis
- Inflation adjusted expenses
- Outliving your assets
- Medical and health care expenses
- Appropriate Asset Allocation and Investment Strategy
- Tax Planning
- Estate planning and Trusts
ELEMENTS OF A FINANCIAL PLAN & PUTTING THE PIECES TOGETHER
1: ESTABLISH YOUR RELATIONSHIP WITH A CFP® PROFESSIONAL.
Your financial planner will explain his or her financial planning services and define each of your responsibilities. Along with compensation, you'll discuss how long the professional relationship will last and how to make decisions.
2: GATHER YOUR DATA AND DEVELOP YOUR FINANCIAL GOALS
You and your CFP® professional will talk about your current financial situation and gather any necessary documents. Together, you'll define your personal and financial goals, including timeframes. You may also want to discuss your comfort level when it comes to taking financial risks.
3: ANALYZE AND EVALUATE YOUR FINANCIAL STATUS.
Your CFP® professional will consider all aspects of your situation to determine what you need to do to meet your goals. Depending on what services you've asked for, your planner may analyze your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies
4: REVIEW YOUR CFP® PROFESSIONAL’S RECOMMENDATIONS
Your CFP® professional will go over his or her financial recommendations, explaining the rationale so you can make informed decisions. At this stage, your planner will also listen to any concerns you may have and revise his or her recommendations if necessary.
5: SET THE COURSE
You and your CFP® professional will need to agree on how the recommendations will be carried out. Your planner may carry out the recommendations or serve as your coach, coordinating the process with you and other professionals, like attorneys or stockbrokers.
6: BENCHMARK YOUR PROGRESS AGAINST THE FINANCIAL GOALS YOU ESTABLISHED.
As you work toward your goals, you and your CFP® professional will need to decide who will monitor your progress to make sure you're staying on track. If the planner is in charge, he or she will check in from time to time, reviewing your situation and making any necessary adjustments to his or her recommendations. If you need your whole financial life pulled together or you just want to make you have a proper plan in place, a CERTIFIED FINANCIAL PLANNER™ professional is well qualified to help. What separates a CFP® professional from other advisors is rigorous training and standards to offer you the best planning and advice. CFP® professionals are evaluated comprehensively in six specialty areas to provide a holistic approach to planning: retirement, estate planning, taxes, investments, budgeting and insurance. They are also bound by ethical standards to ensure that the financial planning advice they provide you—the client—and your goals and needs first.