Initial meeting between client and planner :

At this complimentary meeting, we will discuss your needs and if our firm is right for you. If you wish to retain our firm, we will provide questionnaires to complete prior to the next meeting. You may download the questionnaires from this website and we encourage you to review them before this meeting. We will also provide you details of our compensation model and a list of the information and documents we will need from you to complete the plan.

Define goals/objectives and gather data :

At this second meeting, we will examine your financial priorities, objectives and concerns in more detail, review your balance sheets, income statements and client questionnaires and address risk tolerance and investment time horizon issues

Analysis and Evaluation :

We will analyze the data and information you have provided up to this point. We will evaluate your general financial status, identify and quantify particular needs and prepare specific recommendations. We may require additional information from you during this process.

Final Plan Presentation :

We will prepare final written reports outlining and quantifying your financial goals and objectives, identifying any deficiencies and providing specific recommendations. We will present our report to you, along with an in-depth discussion to answer any questions that you may have. We encourage you to schedule a minimum of one hour and preferably two hours to allow for a thorough plan review.

Plan Implementation :

At this stage, you may retain us to implement any investment recommendations indicated in the plan. Without implementation, the financial plan has no value.

Monitor and Update :

The financial plan should be reviewed regularly after implementation to determine your progress on achieving the plan recommendations. Changes in your personal circumstances should also be evaluated to insure that our original recommendations are still appropriate. In addition, we will address any tax law changes that may impact our original recommendations. We recommend a formal annual review of the plan.

The time frame for preparing a comprehensive financial plan varies with the complexity of the issues, the personal circumstances of the client and the estate size. Generally, 15 days is sufficient time to prepare the plan. We will advise you as soon as possible if we anticipate that the timeframe will exceed our original estimate.