What can you expect
when we work together?
Our initial “financial plan” for a client can take as long as a year,
because each topic — taxes, investments, insurance,
estate planning — can take hours, weeks, and sometimes
months to properly address. It's not really a plan, it's a financial
process. Realistically, most clients can't devote the intense hours
needed to properly address all of their financial needs in a short period
of time, and static financial plans quickly get outdated anyway. We do not
give you a printed financial plan.
Instead, we've seen that clients appreciate the luxury of spreading out
their planning meetings so we can do a proper deep-dive on each topic and
make regular updates based on new life events.
During our first few meetings, we will talk about your financial goals. For
example, are you looking to retire early? Pay for your children's
education? Purchase a second home? Consolidate your finances and statements
in one place?
Together, we will start to document your assets, liabilities, income, and
expenses. This includes current and future estimates, enabling us to plan
for your lifelong financial independence.
Then we will create some reports. This involves the creation of
a Net Worth statement, a Cash Flow,
and various What-If Analyses. After
that, we begin to deep-dive into specific planning areas in order of priority, such
as consolidating student loans, investment re-allocation, reviewing
insurance policies, creating an estate plan, and reviewing tax returns.
A thorough financial strategy looks at each and every aspect of your life.