Financial planning is the roadmap to a secure and fulfilling life, as you define it. Comprehensive planning, not just for investment portfolios, but for everything from taxes to estate to risk managment to college funding to generating the retirement income you’ll need. If it touches upon finance, it's incorporated it into planning.
Successful investing starts focusing on the things we can control: diversification, fees, taxes, and our own discipline. By remaining steadfastly focused on this principle, odds are greatly improved that you will reach your goals. Without such structure, desired outcomes are largely left to chance.
Proper estate planning helps to ensure that wishes are carried out in an efficient and effective manner. This often goes hand-in-hand with charitable giving and lifetime giving.
Taxes should be projected not only for this year but well into the future in look for tax planning opportunities. Portfolio strategy should be developed to improve after-tax results. Your comprehensive fee-only advisor should review your tax return each year BEFORE it's filed to look for errors and opportunities.
Client relationships begin with defining your goals and expectations, and gathering together all your financial information. This comprehensive and thorough approach allows for better coordination of the entirety of your financial situation.
Having thoroughly analyzed your situation, goals, timeframe, risk tolerance, and other factors, straightforward observations and recommendations are developed and communicated.
We decide who will implement each of the various identified and agreed upon action items. Responsibilities delegated to the Advisor are implemented according to client direction.
Implemented strategy must be actively monitored for progress, opportunities, and new circumstances. Course corrections are often necessary and, if your goals change, adjusted for a new destination. The job isn’t complete until your goals are reality.