The Services We Provide
We provide financial planning services to help you identify your goals, put a plan in place to achieve those goals, and monitor the plan to make sure it is meeting your goals. Some of the many aspects of this entire process are:
The term 'Comprehensive Financial Planning' is used to cover all of the items listed above. We provide a comprehensive financial planning service, which means we address all of the above topics with you. This is an on-going relationship that will span many years. Refer to our 'Compensation' page to learn about the fee structure for this comprehensive service.
We also can work with you to address individual areas. You may have specific issues on which you want advice. We can address those issues on an hourly basis. Refer to our 'Compensation' page to learn about the fee structure for this hourly service. Please understand that many individual issues are affected by wider, more comprehensive issues. For example, addressing educational funding quickly leads to cash flow issues, emergency fund issues, and adequate insurance coverage issues. Life is complex, and so are these topics. We will attempt to stay focused on a specific issue, but that is not always possible. We will keep you informed of the additional time required to properly address the issues, and you can decide how to proceed at that point. Note that this requires no minimum level of assets or account size, and no long term commitment. This gives you the flexibility to work with us on an as-needed or on-going basis. Most of these types of arrangements lead to an on-going, long term comprehensive planning relationship.
Regardless of how we are of service to you, remember that at no time are we in control of your money. You will always have ultimate control and discretion over your money and your financial future. You are free at any time to walk away with no penalty. We certainly do not expect this to happen, but it is important that you know you are in complete control of your financial life.
Examples of normal questions our services will help you answer are:
Examples of more complex questions that our comprehensive planning can help you address are:
When we work with you on any financial planning issues, we will do the following:
First, we will meet with you to discuss your expectations and mutually define the scope of this engagement. This includes identifying the services to be provided, disclosing our fee arrangements, determine the responsibilities of both we the planners and you the client, establish the duration of the engagement, and provide any information needed to further limit or define the scope of this engagement. There is NO CHARGE for this meeting.
Second, once we have entered into a client/advisor relationship, we will gather your financial information and determine your goals. If this is a limited, very specific engagement, these goals may be very precise and the list of needed financial information very short. If this is a comprehensive planning engagement, the goals will be far less specific and will span many years and possibly many generations. The informational needs for this will exceed those of a limited engagement. This process may be short, or it may span weeks or months.
Third, we will analyze and evaluate your financial status based upon this information. The objective is to determine the strengths and weaknesses of your total financial picture in relation to the achievement of your goals.
Fourth, we will develop and present our recommendations. You and us will jointly review the recommendations and make adjustments as needed. It is important that you understand what we propose, and are comfortable with the recommendations.
Fifth, we will implement the agreed upon recommendations.
Sixth, we will monitor the recommendations to determine the effect of tax law changes, performance, changes in the general economic environment, and changes in your personal situation and goals.
Note that steps two through six may be limited by any agreements made in step one, prior to the actual agreement where we decide to work together.
When we work together in a comprehensive planning arrangement, the first step is to produce a comprehensive financial plan for you. This plan is a description of your financial life at this point in time, a list of your goals and future aspirations, and a recommended map of what to do to reach your goals. We all know that no one can accurately predict the future, and no one can guarantee future results. This plan is a reasonable, well thought out set of actions that based upon historical information should put your goals within reach. Part of the comprehensive planning service is the regular monitoring of your plan so that new or changing goals and circumstances in your life, along with updates for plan performance, can be integrated into the comprehensive plan. Please understand that the most important element of the comprehensive planning process is going through the actual process itself. The written plan produced by the process is a snapshot in time, and provides documentation of the decisions and assumptions made during the planning process. Blindly following that plan over the years without any adjustments to the plan will not produce the intended result.
Nothing on this web site shall be construed as a solicitation of business in any state in which we are not registered. No business will be conducted with any individual in a state unless we are registered or exempted from registering. While reasonable care and caution has been used in preparing information contained on this website, it is not applicable to all circumstances. We assume no responsibility on how this information is used or consequences thereof. You should always consult a qualified professional before taking action. Also note that in investing, past performance is no guarantee of future results.
Send mail to
questions or comments about this web site.