Financial Planning
Process
• Get a basic understanding of your needs and goals
• Explain our capabilities and process
• Answer questions
• Agree to work together
Discovery Interview
1
Gather Data
• Discuss your unique circumstances and goals
• Review relevant financial and legal documents
• Identify issues or areas of concern
2
Analyze & Develop Plan
3
• Validation of your needs and goals
• Comprehensive analysis of financial position
• Collaborate with your other key advisors as necessary
• Development of specific recommendations
Monitor & Update
• Monitor performance of plan components
• Revisit plan when a major change to your circumstances occurs
• Recommend adjustments to capitalize on new opportunities
6
Plan Implementation*
• Complete transition of identified assets
• Execute each component of plan
• Confirm implementation with client
5
Plan Presentation & Delivery
• Deliver analysis of current situation
• Identify gaps and opportunities
• Detail specific recommendations
• Obtain consensus on overall strategy and recommendations
• Execute required documents
4
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*Plan implementation can be done through a firm of your choice
