Our Process
A strong planning process is an effective way to create a strong, flexible financial plan.
A transparent, effective planning process is based on two key aspects of financial planning: preservation and access to funds when needed. A plan must address liquidity, to allow its owner to access funds when needed. It must also take into account key stages of life. This can include preparing for events such as retirement, death, and in the event of disability and/or critical illness.
With these goals in mind, the first step in building a comprehensive plan is to assess total financial planning needs. This involves a consideration of important milestones such as retirement, insurance, major purchases and educational costs, as well as ongoing financial management strategies. Once these factors are identified, the client is prepared to choose the products and services that best address his or her needs.
This goal-based financial planning approach is designed to help:
- Define customized short- and long-term goals that address only the right financial products and services are chosen
- Identify roadblocks or gaps that might impact the financial planning strategy
- Continually monitor the plan to ensure it addresses changing needs and circumstances
Contact us today to find out more about our financial planning process and to schedule a free consultation.
What is Financial Security Planning?
Financial planning is about more than preparing for retirement. It’s about working to pursue short- and long-term goals, and helping protect the most important things in life.
A strong plan is developed in collaboration with a financial planner, and includes a balance of products that is flexible enough to manage changing needs across a client’s personal and professional life.
The first step to pursuing a strong financial plan is creating an effective strategy that:
- Prepares for a confident, comfortable retirement
- Minimizes current taxes
- Pro-actively manages and controls debt
- Helps prepare for a child’s college education
- Provides loved ones or heirs in the event of death, disability or critical illness
