Financial Planning
Whether it’s owning your own home, funding your children’s education, or creating a stress-free retirement, a financial plan is considered vital in working towards your goals. A well-grounded and effective plan goes beyond the realm of saving, budgeting, and investing. It also considers other elements of your financial picture, including insurance planning, tax planning, retirement planning, estate planning strategies, and much more.
By understanding the role of financial planning in meeting your short, intermediate, and long-term financial aspirations, you'll be better equipped to control your financial future.
Our Approach to Financial Planning
- Discovering You: Our process begins with a consultative discovery meeting designed to learn more about you and your goals. This is also an opportunity for you to learn more about what we do, and see if we’re a good fit for your needs.
Strategy Planning: Once we learn who you are, we’ll start developing your personal plan. Through our strategy-building process, we’ll create a set of personalized plans for short, intermediate, and long-term, that aim to fulfill your overall financial strategy.
We know most plans fall under two phases 1. Accumulation Phase or 2. Distribution Phase. In the accumulation phase, you're worried more about growing your money, saving for college and building wealth for your short term and long-term needs. In the distribution phase, your financial plan now needs to have the ability to provide a stable quality of life for you without income coming in.
- Accumulation Phase should consist of 401(k)s, Employer Retirement Plans, Individual & Joint Accounts, 529s, ROTH IRAs and Individual Retirement Accounts
- Distribution Phase should consist of 401(k)s, IRAs, ROTH conversions while planning for Social Security, Medicare plan, income strategies and a tax plan to come with it.
We use an iterative approach, so each session brings us closer to the financial objectives we set together.
- Accumulation Phase should consist of 401(k)s, Employer Retirement Plans, Individual & Joint Accounts, 529s, ROTH IRAs and Individual Retirement Accounts
- Implementation: Whether it’s making the right investment decisions, choosing the right insurance strategy for you and your family, saving to reach your retirement goals, or creating an estate planning strategy that preserves your legacy; our financial professionals will be right there by your side as you take each step. Through foresight, encouragement, and professionalism, we’ll make sure each step of your plan is implemented.
- Review and Support: We’ll laud you at every successful implementation of your financial plan, and help you stay on track to meet your objectives. Through plan reviews, we’ll consult with you and make modifications to your strategies and plans as needed.
Book an initial consultation with one of our financial professionals to create your personalized financial plan.