Orientation. Get Organized & Establish a Purpose
- Where are you and where do you want go?
- We will work with you and your other advisors to take inventory of all your financial resources
- We will discuss what’s important to you now and in the future
Base Camp. Analysis & Assessment
How far are you from your destination?
- Create a personal balance sheet and net worth statement
- Cash flow analysis
- Wealth protection/insurance review
- Investment review & recommendations
- Goals/gap analysis
- Estate plan review
Plotting the Route. Strategy & Recommendations
- Optimize cash flow: tax strategies, savings plan, etc.
- Risk management: know the threats, have a plan, insurance where needed
- Short-term goals: debt management, education, major purchases/events
- Long-term goals: retirement needs analysis
- Legacy goals: efficient transfer of wealth, charitable and gift planning
Start Marching. Implement the Plan
- We will prioritize action items
- Establish check points and milestones
Stay on Course
- Monitor and adjust