Your Future, Wealth Designed
Wealth Designed is a frame of mind. It’s an understanding that building wealth does not happen by accident. It’s planned for.
The six stages we use to navigate through the plan were built using the CERTIFIED FINANCIAL PLANNING® process as the foundation. It’s designed to keep you and your wealth advisor in touch with all the moving pieces of your financial picture. Using our team and our process will equip you to make sound financial decisions leading you towards your financial goals.
Step 1. Establish
The Establish phase begins the relationship between the client and our firm. This is your opportunity to share with us who you are and what your goals are. The more we understand about you, the better job we can do designing your personalized financial plan.
Step 2. Discover
The discovery portion of the financial planning process is where we gather facts about you and the specifics we need to develop your personal plan. We identify goals, future objectives and prioritize your financial needs, wants, and wishes. Additionally, we examine current risk levels to make sure your portfolio is invested appropriately and fits your risk tolerance.
Step 3. Plan
We take the information gathered in the Discovery step and develop the first draft of your financial plan. Examining your net worth, cash flow, retirement options, and current investments. During this stage, we will go over our first draft with you to make sure that we have all the finest details and get an accurate picture of you and your goals.
Step 4. Solutions
After finalizing the details of your financial plan, we can sit down and present you with solutions to set you on a course to reach your goals. We provide you with an overview of your current financial standing and also provide a summary of solutions to give you actionable items to improve your financial strength. In addition to items we provide our clients, we also share what actions we will take on our end to make sure that we are steering you towards your goals and objectives.
Step 5. Implementation
Once the solutions have been agreed upon, then we can implement your strategy. Anything from opening accounts to arranging our clients a meeting with another professional they may need. In addition to implementing our solutions, we also give our clients full access to view, inspect, and monitor both their personal accounts and financial plan. This client experiences allows them full transparency of their financial status, 24/7, 365.
Step 6. Monitor & Adapt
When your plan is created and executed, the process does not stop there. We continually monitor your financial status and encourage clients to call us when it comes to any financial questions they may have. With quarterly re-balancing, annual tax loss harvesting, and portfolio updates, we make sure that you will be on track to hit your objectives. You also have the opportunity to set up reviews to your preference. Whether that is quarterly or yearly, we want you to know that we are here to help reach your goals.