Personal Planning Process
We believe the best financial approach is the one that helps you pursue your goals. That's why, from the start, we talk about your aspirations and encourage you to ask questions about issues that matter most to you.
Vision Builder and Goal Setting - In our first meeting, we will gather information about your personal and professional objectives and explain our financial planning process. This will help determine whether or not this process is a good fit for both of us.
Data Gathering - To offer improvements and creative ideas to enhance your financial situation, we will need to gather the details of your current financial position. Using this information we create a visual picture using our Living Balance Sheet software.
Protection and Priorities - With your current position displayed, we can begin to discuss what areas of your balance sheet may be exposed. Do you need a more solid foundation? Are your assets protected properly? What impact will this have on your future cash flows? Our goal is to ensure that you have protected the progress you have already made and reduce or mitigate low probability but high magnitude risks that would result in increased liabilities and reduction of your assets.
Strategic Alignment - In this step, we discuss the tactical options that support advancing toward your personal financial goals. We will demonstrate how to optimize your cash flow, asset allocation, and reduce tax exposure. It's vital to have proper diversification through all sectors of the market and position those monies in the most effective account registration. In aligning your actions with your expectations, from a savings perspective, we can position your assets so that you maintain control, liquidity, and flexibility to reach your short- and long-term goals.
Evaluate and Review - As economic conditions, laws, and your life changes, we will need to monitor and adjust the plan to incorporate these transitions. The plans we ultimately implement are flexible to allow for variance in funding amounts or asset and cash flow location to ensure you stay on course successfully to your chosen target.
Business Planning Process
Evaluation - In this first meeting, we look forward to learning about your business. Tell us about your company's founding, through all of the ups and downs that brought you to today, and share where you want it to be in the future. What are the things that you do best, and who are the people that contribute the most?
Priorities - After reviewing the information you shared in our first meeting and the additional data we have requested so we have a complete picture of where you are now, we will discuss the issues you prioriitzed as most important (Exit Planning, Business Interruption, Key Employee Retention, Maximize Cash Flows, etc.). The strategies we present will be tailored specifically to your company.
Evaluate & Implement - In this step, we will review any additional questions you may have about the options you have chosen. We will make any last-minute adjustments to be sure you are comfortable with your decisions. Once that is finalized, we will confirm the steps for proper implementation of your plan.
Review Against Next Priority - Once the first discussions have concluded, we will address the next topic on your priority list until we have covered all your needs.