Whether we are working with an individual, a family, a business, an institution, or an endowment we are hyper focused on creating a unique financial plan that provides the best possible advice and strategies.
Our financial planning process includes 6 areas.
Part 1: Financial Goals and Dreams
The power of a financial plan is its ability to help individuals, families, and organizations achieve your short-term, medium-term and long-term life goals. We believe that financial plans should help you achieve your life goals while cultivating peace of mind and confidence. We start our process by learning what is important to you and your family and making sure that these goals and values are the lens through which we create and maintain your financial plan.
Part 2: Understanding Where You Are
We can’t reach a destination efficiently without knowing where we are starting. As part of our financial planning process we will create a holistic picture of your current financial situation. This will allow us to anticipate potential short-falls or risks that we can address early in the process making the financial planning process more efficient, effective and smooth.
Part 3: Budget and Cash Flow Planning
The budget is the life-blood of a financial plan. The budget doesn’t just track money inflows and outflows, it is a way to protect your income and it is where you will put your money to work on the things that matter most to you and your family.
Part 4: Retirement Planning / Financial Independence
Retirement planning involves looking primarily at what your goals are for retirement and how to fund those goals. This includes focusing on strategic income planning, tax-efficient investment account drawdowns, maximizing social security, and reevaluating asset allocation.
Part 5: Protection
Protecting your wealth is incredibly important at all phases of the financial plan. This includes emergency funds, investment strategies, and potentially insurance strategies. By having protections in place, it can save families and organizations from having to disrupt other investments, potentially losing resources and the one thing we can’t get back…time.
Part 6: Estate Planning
At its core, an estate plan is a financial plan for a person’s beneficiaries. It puts into place a legal framework for how an estate will be managed or distributed in case a person is incapcitated or dies. We see a strong estate plan as a way to strengthen future generations and plan your legacy.