• Concierge Services

    • Coordinate with other advisors such as your lawyers and accountants
    • Hold regular meetings and ensure that all planning is well coordinated and implemented
    • Document management and organization for insurance policies, estate planning, legal documents and tax returns
    • Sounding Board for any financial and personal questions/concerns

  • 1. Mutuality of Interest

    What To Expect From Us

    • Explain issues and concepts related to the overall financial planning process
    • Explain the services we will provide and the process of planning and documentation
    • Clarify your responsibilities as a client
    • Clarify our responsibilities including a discussion about how and by whom we will be compensated

    We Should

    • Discuss the scope of the client/planner engagement
    • Agree on how decisions will be made

  • 2. Discovery

    What To Expect From Us

    • Make every effort to understand your life goals and how your finances can impact those goals
    • Obtain information about your financial resources and obligations
    • Gather all necessary information and documents before giving you advice you need

    We Should

    • Investigate your values, preferences, financial outlook and desired results as they relate to your financial goals, needs and priorities
    • Define your personal and financial goals, needs and priorities

  • 3. Assess

    What To Expect From Us

    • Analyze your information to assess your current situation (including cash flow, net worth and tax projections)
    • Identify any problem areas or opportunities with respect to your current financial situation
    • Capital Needs
    • Risk Management
    • Investments
    • Taxation
    • Retirement Planning
    • Employee Benefits
    • Estate Planning
    • Special Needs (i.e. adult dependent needs, education needs, etc.)

  • 4. Design

    What To Expect From Us

    • Develop and prepare a financial plan tailored to meet your goals and objectives, values and risk tolerance while providing projections and recommendations
    • Present the plan to you
    • Establish an appropriate review cycle

    We Should

    • Work together to ensure that the plan meets your goals and objectives

  • 5. Implement

    What To Expect From Us

    • Assist you in implementing the recommendations discussed (if that is what you want moving forward).
    • This may involve coordinating contacts with other professionals such as accountants, lawyers and specialists.

  • 6. Monitor

    What To Expect From Us:

    • Periodically contact you to review the progress of the plan and make necessary adjustments to the recommendations to help you achieve your goals.

    This review should include:

    • A review and evaluation of the impact of changing tax laws and economic circumstances
    • A review of your life circumstances and an adjustment of the recommendations if necessary
    • Circumstances often change through life events such as a birth, death, illness, marriage or retirement

     

    We Should:

    • Agree on who will monitor and evaluate whether your plan is helping you progress toward your goals.