The Five Phases of Personal Financial Planning

Phase 1: A Full Day Retreat

• Detailed information gathering
• Life Planning questionnaires
• Understanding the Three Levels of Goals
• Short-term: 1-4 years
• Intermediate: 5-9 years
• Long-term: 10 years and beyond
• Goal Matching

Phase 2: Evaluation of the Current Financial Plan

• What has the client accomplished financially
• to this point?
• Assets
• Liabilities/Debts
• Evaluate the current financial strategies:   
• Savings
• Investments
• Taxes*
• Estate Planning

Phase 3: Recommendations

• Detailed recommendations of suggested financial strategies for the future.
• Recommendations are provided in writing with appropriate support documents and materials.
• Clear understanding of the financial Game Plan

Phase 4: Implementation

• Completion of required documents
• Establish the schedule for updates, reviews and future
  meetings
• Establish communication procedure and account access

Phase 5: Update and Evaluation

• Predetermined meeting dates to review and evaluate the effectiveness of the Game Plan
• Update current files, trends and goals
• Revise the Game Plan as required based on client needs.

We maintain relationships with professional tax providers who specialize in special and unique circumstances.