The 7 Steps to Financial Success is a win-win approach to financial planning for clients and advisors. It spells out, step by step a simple-to-understand-and-implement approach, to building a brighter financial future.
Initial Inquiry/Community Outreach
ADVISOR’S RESPONSIBILITIES: Our advisors provide a brief description of our services, philosophies, methodology, and fee structure. They’ll direct you to their firm’s Web site or mail you an introductory packet to help you learn more.
CLIENT/CONSUMER’S RESPONSIBILITIES: If the advisor’s services appear to fit your needs, he or she will schedule a Free Get Acquainted teleconference, and at the same time provide you with additional information to help you learn more.
FREE Get Acquainted Teleconference
ADVISOR’S RESPONSIBILITIES: Our advisors meet with you free of charge via a teleconference. It’s an opportunity to exchange information about your needs and objectives, to further discuss which of our services are right for you, and to provide you an estimate of the cost of our services. Remember, our advisors do not accept commissions.
CLIENT/CONSUMER’S RESPONSIBILITIES: If you choose to use our advisor’s services, he or she will provide a list of additional information that he or she will need to begin formulating your personal financial plan. Most new clients state "I've been meaning to call you for more than a month". Therefore, the best thing any client can do is gather their materials together and complete the necessary Questionnaires found under the Client Forms tab, located here:
We don't like the paperwork any more than you, but it's the only way to do the best job for you. We are happy to help you with it.
Data Gathering and Initial Preparation
ADVISOR’S RESPONSIBILITIES: After receiving your information and asking questions based on your info, your advisor will begin to review and develop your custom financial plan. The advisor will prepare reports that he or she will discuss with you at your next meeting.
CLIENT'S RESPONSIBILITIES: You will need to gather the requested data and Confidential Questionnaire. This information will need to be provided to your advisor before an in-person meeting.
Interactive Goal Setting
ADVISOR’S RESPONSIBLITIES: Depending on your individual circumstances, this meeting may or may not be necessary. If it is, it can be in person or via teleconference. The advisor will work with you to further discuss and clarify the information you have provided thus far, and to refine your financial goals and objectives.
CLIENT'S RESPONSIBILITIES: This is another opportunity for you to clarify your current situation, financial goals and objectives, and to discuss with your advisor any additional questions and concerns.
Analysis and Plan Formulation
ADVISOR’S RESPONSIBLITIES: Your advisor refines the information you have provided and studies various plan scenarios. He or she concludes his or her research and analysis, and produces the final reports that include observations, assumptions, specific recommendations, and an action plan for your unique situation.
CLIENT'S RESPONSIBILITIES: The ball is in your advisor’s court. All you have to do at this point is await your next meeting with your advisor.
Presentation of Your Financial Plan
ADVISOR’S RESPONSIBILITIES: You and your advisor review your personal financial plan and his or her specific recommendations.
CLIENT'S RESPONSIBILITIES: Congratulations! You now hold your personal blueprint for financial success designed with your financial goals in mind. You are empowered with specific recommendations to implement your financial plan. If you wish, you may employ your advisor further to assist you in carrying out that plan.
ADVISOR’S RESPONSIBILITIES: Periodic update meetings and reviews are essential to maintain good fiscal health. Your advisor can schedule these periodic meetings with you at whatever frequency you think appropriate.
CLIENT'S RESPONSIBILITIES: Financial planning is an ongoing process, not a one-time event. Proper implementation of a financial plan and periodic professional reviews are crucial to reaching your financial goals. We urge prompt attention. It’s about your financial future. You should never hesitate to check in with us at any time.
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