Advisor Actions/ Responsibilities |
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Financial Planning Sequence |
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Client Actions/ Responsiblities |
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When you contact us, we’ll provide a brief description of our services, philosophies, and methodology and fee structures. We’ll direct you to our web site to learn more. |
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Step 1:
Initial Inquiry |
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You visit our web site to learn more. If our services appear to fit your needs, you contact us to schedule a Step 2 “Get Acquainted Meeting.”
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The Get Acquainted Meeting is an opportunity for us to exchange information about your needs and objectives, and further discuss which of our services are right for you. We will also provide an estimated fee quote. |
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Step 2:
Get Acquainted
Meeting Or
Teleconference |
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Before this meeting, you should fill out and e-mail or fax us your completed questionnaire, which we need to begin formulating your financial plan. A portion of the total fee is due upon committing to the engagement.
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When we receive your information, we begin to review and develop your financial plan. We prepare initial reports to discuss at our Step 4 meeting. |
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Step 3:
Data Gathering and Initial Preparation |
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In Step 3, you gather the data requested, and complete your cash flow worksheet and risk tolerance questionnaire. Fax or e-mail this information to us before our next meeting. |
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In this interactive meeting we discuss and clarify the information you have provided thus far. We continue to refine your financial goals and objectives.
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Step 4:
Interactive Goal
Setting Teleconference |
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In the Interactive Goal Setting Tele-conference, you have another opportunity to clarify your current situation, financial goals and objectives. Come with any additional questions or concerns you may have. At the end of this meeting, we set the date for the Step 6 "Presentation Meeting."
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We edit the initial information, as-needed, and run additional scenarios, if applicable. We then conclude our research and analysis, and produce final reports for your personal financial plan, including observations and recommendations. |
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Step 5:
Analysis and Plan
Formulation |
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Typically, the Step 6 Presentation meeting is scheduled 1 to 2 weeks after our Step 4 meeting. The ball is in our court in the interim. Revisit our web site to stay current on the changing world of personal finance and investments.
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In Step 6, we present and review your personal financial plan. We discuss all reports and provide you with a written summary of our observations and specific recommendations. |
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Step 6:
Presentation of
Your Financial
Plan |
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At this point you will hold a personalized blueprint, custom designed to meet your financial goals. Full payment of the balance for actual fees incurred is due at the conclusion of the plan presentation meeting. |
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At the conclusion of the presentation, we discuss implementing the plan and how we can help you stay on track. As a result, we minimally schedule a 6-month check-up, but often schedule additional brief follow-up meetings to measure progress.
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Step 7:
Plan Implementation
And Follow Up
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Now you’re ready to make some changes and proper implementation is crucial to reaching your financial goals. The key here is following through. Most clients implement changes on their own (as opposed to hiring us), but many opt to schedule check-points to ensure progress is made. Regardless, we generally schedule a 6-month check-up to address changes and new questions.
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