Meet and Greet
Establishing the relationship. Financial planning is a very personal experience that works best when done with two parties who have a mutual relationship of trust and respect. Since many of the discussions around your goals are deeply personal it is important to work with someone you can have a genuine rapport. A brief initial meeting gives both parties a chance to get to know one another and see if a long term relationship would be beneficial.
The initial meeting also gives us an opportunity to outline the services We can offer and clarify our role in helping you meet your objectives. We can outline how we get paid for our services and together, we can determine if the services offered will suit your needs and to what extent. (You may choose for example to only discuss investment management issues.)
The second stage is a more detailed discussion and information gathering process. This meeting will clarify your current situation and resources and what your short and long term goals and objectives are. This meeting generally includes formal questionnaires on your current assets and tolerance for various types of risks.
Once all the information is gathered we will work to analyze your current situation, assess your resources and outline opportunities or areas of concern. This analysis may include a review of: capital needs, risk management needs and coverage, investment management, taxation, retirement planning, employee benefits, estate planning and any special needs that may pertain to you and your family.
Once the review is complete, We will meet with you to outline recommendations. A thorough review of the recommendations ensures that your goals and objectives have been addressed. The recommendations will be backed up with supporting data (projections, historical data, etc).
The implementation stage may take place at or shortly after the recommendations are made. Depending on the solutions needed to meet your goals applications may be completed for various solutions. Where necessary outside professionals will be called in to assist (tax, legal and estate).
Service does not stop after a plan has been implemented. A timeline of monitoring and review will be implemented to keep you on track and make adjustments as circumstances change.