financial planning

Here we break the ice and clear the air. We work to identify why you want to work with a financial planner and if it is the right move for your situation. After we determine if we’re a good fit, we decide if we move to the next step.

Data gathering begins. We collect as much of your financial information as possible and organize it so we have a clear view of your current path. Next, we talk about your relationship with money and who the plan will impact such as spouse, kids, family, pets, etc. We uncover your reasons behind your goals and what amount of risk we can take for those objectives. These are deep conversations where we expect you to open up to yourself about the meaning behind the meaning.

This is the recommendation meeting. We review the investment policy statement and risk capacity scores we will assign to your investment goals. As a team, we review the steps needed now and where we could go in the future with the plan.

The plans are laid and now is time for action. You will be responsible for going through the list of tasks to make the plan work. IF is available at any point during this phase to answer any questions and make the plan happen. IF will also be checking in to act as an accountability teammate. We want our plan to evolve into your new lifestyle. If we are managing your assets, you will see our work in progress and keep you in the loop for your input.

Your life and the world is constantly presenting factors that could impact your plan. World factors like tax bracket adjustments, new laws, increased inflation, wars, supply or demand disruptions. Life factors such as having a baby, unexpected home expenses, health emergencies, losing job, larger than expected bonuses. Ongoing planning is necessary to make sure your plan is prepared for these factors. IF is constantly working to make sure we are aware of world factor and your job is to make sure we are informed about your life factors. Teamwork makes the dream work!