Developing a sound Financial Plan involves seven easy steps
that we will work on together.
DEFINING YOUR DREAMS
STEP 1: Understanding the Client’s Personal and Financial Circumstances
STEP 2: Identifying and Selecting Goals
STEP 3: Analyzing the Client’s Current Course of Action and Potential Alternative Course of Action
DEVELOPING YOUR PLAN
STEP 4: Developing the Financial Planning Recommendation
STEP 5: Presenting the Financial Planning Recommendation
STEP 6: Implementing the Financial Planning Recommendation
TRACKING YOUR PROGRESS
STEP 7: Monitoring Progress and Updating
Understanding the Client’s Personal and Financial Circumstances
You and your advisor review important documents such as bank statements, tax returns, insurance policies and retirement plans.
Identifying and Selecting Goals
You and your advisor discuss your goals, worries and dreams to develop a clear vision of your financial future.
Analyzing the Client’s Current Course of Action and Potential Alternative Course of Action
Your advisor assists you to understand the big picture of your finances, and how the different elements may relate to each other.
Developing the Financial Planning Recommendation
Your advisor develops a personal financial plan based on your needs and careful analysis of your specific situation.
Presenting the Financial Planning Recommendation
Your advisor presents the completed personal financial plan to you to ensure that all information required was used when developing your plan.
Implementing the Financial Planning Recommendation
Your advisor and you work together to move forward on your plan with specific financial solutions to help meet your needs.
Monitoring Progress and Updating
You meet with your advisor periodically to track your progress, revisit your goals and make adjustments as necessary.