On a first appointment, we like to get to know you, your goals, time frames, risk tolerance, your personal family situation, and anything else about you that helps us to help you. We may also get copies of existing account statements, tax returns, insurance coverage and so forth.
On a second appointment, we will provide you with a financial wellness report of where you stand today—a full analysis and feedback about things you have done well, and maybe things that may need to be looked at further or areas of concern.
Does your current financial advisor offer this useful analysis step to you?
Unlike many other financial advisors, we provide you with a comprehensive retirement analyzer to provide a baseline and easily understandable snapshot to inform our discussion and confirm your goals and desires. This is often an eye-opening experience, and sometimes we even come across some things we may consider a red flag.
We use Morningstar, Money Guide Pro, and other investment and financial planning software to give you specific feedback about your portfolio.
We analyze your holdings, and we can tell you how you’ve done against various benchmarks, show you risk vs. reward, the Morningstar ratings of your mutual funds, and give you other important feedback.
On a third appointment, based on your reaction to the feedback we give you, we can make specific recommendations for you. This may include making some changes in your portfolio, using third-party money managers, doing income planning, updating beneficiaries, and so forth.
We are committed to helping you stay on track.
After investment decisions are made and we establish a comfortable working relationship, we are available at any time. You can contact us via phone, email, or in person to review any concerns or address any life changes that require you to look anew at your financial planning decisions. We keep in regular communication with you with newsletters, phone calls, invitations to client appreciation events, and will schedule regular review meetings with you.