Our initial meeting is very informal – and informative.
Planning Process
We’ll ask about your questions and concerns, what prompted you to come see us and learn how we can help you. We’ll provide sample financial planning and investment management agreements for you to take home. And we’ll go over what you can expect as the planning process unfolds. Here’s a rundown:
First, we hold a discovery meeting where we collect your relevant financial data. Since your convenience is our priority, there’s no need for you to provide copies of your documents. We’ll scan and file them, then return the originals.
Next, we’ll have a goals and dreams meeting where we learn about your aspirations.
Why don’t we combine this meeting with the discovery meeting? Because when you’re holding a stack of paperwork – bank and retirement account statements, tax returns, insurance documents and the like – you’re probably not in the right frame of mind to discuss your hopes. For this meeting we want to be able to focus on your dreams, not your dollars.
After these two meetings, we’ll get down to work.
We’ll set up a system to automatically capture your banking and investment information, which gives us the detail we need to properly analyze your financial situation. (Don’t worry: You retain control over your accounts at all times, and we don’t retain bank account access information.) First, we’ll determine your short-term income and liquidity needs. Then we’ll know how much you’re able to invest in support of your goals, whether they’re long-term or just around the corner.
When everything is organized and our analysis is finished, we’ll meet to review a draft of your financial plan. We’ll present our analysis of your current financial situation. Once you’re satisfied that it’s accurate, we’ll complete your plan.
We’ll meet to provide you with your final plan and our recommendations for implementation.
