Our practice has developed a specialty in helping pre-retirees & business owners structure their net worth to minimize taxes, volatility, & risk. We also work with busy executives who find value in integrated planning.
We have a specific process to align your current financial condition with the direct result of your financial planning goals. Our process begins around a deep discussion of 8 Critical Wealth Issues that may affect you throughout your life. These are:
- Fiscal Fitness & Organization
- Investment Strategies
- Estate & Legacy Goals
- Business & Succession Issues
- Retirement Planning & Feasibility
- Tax Efficiency
- Insurance & Risk Management
- Executive Compensation Plans
Initial Consultation
This meeting is an opportunity for us to get to know each other. We get an opportunity to learn about a prospective client's financial situation & what they are trying to accomplish; and they get a closer look at the services of our practice and if we would be a fit to work together. With as much variety as there is in financial services, this meeting serves as a way to see if Integrated Planning is right for you.
During the initial consultation, we use our checklist-driven approach to raise discussion points on the pertinent financial issues for the client. At the end of the discussion, all parties would decide that the next step in the process would be a good idea.
Client Strategy Session
The strategy session is our second meeting, and comes after the team at our practice has had a chance to review the financials of the prospective client. A customized "wire-frame" or "rough draft" financial road-map is created for discussion of the client's current financial condition, and the potential pitfalls & opportunities available that our practice can begin to answer.
The strategy session will generally provide the prospective client with a detail of current assets and cash-flow illustration, and a good idea about how our practice believes you can reach your financial goals.
Net Worth Structure Implementation
By the third meeting you should be comfortable with the analysis provided in the strategy session, and time is spent clarifying or answering any questions. Detail is given on various investment vehicles or financial instruments that leverage your situation to take advantage of tax status, or estate goals.
Any account paperwork would be completed at this meeting, and a full on-boarding and welcome to our practice would ensue.
New Client Orientation
This "virtual meeting" takes place in the comfort of your own home. After new accounts have been established, we launch your iPlan financial planning website. This online portal is your one-stop access to your financial world. All accounts at our practice are listed in aggregate, and you can use this tool to establish real-time account "feeds" from other financial institutions that you work with. There is also a secure online vault for you to store important documents. The site keeps your financial life up to date and organized, and allows us to collaborate with you at a moment's notice when you have a question or concern.
The new client orientation is an online tour of your iPlan website, as well as a tutorial on access to account statements in preparation for your Financial Plan Review.
Financial Plan Review
After clients have been with our practice for at least one reporting quarter, we like to get together to review your plan. The financial plan review meeting encompasses a documented review of your balance sheet & cash-flow, a reading of your quarterly account statements & performance reports, and a revisit of how the implemented net worth structure has covered any gaps. Ultimately, clients should leave this meeting feeling confident about their finances.
