Gather Information
We will gather financial documents and other salient data to assemble a clear picture of the current balance sheet and estate plan. This stage is essential before jumping ahead to later phases.
Analyze
The information gathered will be analyzed quantitatively and qualitatively to construct a personal balance sheet, income needs plan, budget/cash flow projection, and may include estate plan analysis, insurance needs analysis, education planning, special needs planning, executive compensation planning, or various other analyses.
Present Findings and Recommendations
We will use the following meeting to present the analyses constructed in the previous phase and to discuss reactions and feelings about the findings. Additional scenarios may be discussed at this time along with simulations of plan results. A series of recommendations may be explored if no further information is required. Various possible plans to implement the recommendations may be presented at this time as well. An Investment Policy Statement should also be discussed at this time.
Implement Recommendations
The recommendations may be implemented right away or slowly over time depending on the requirements and level of complexity of the plan.
Monitor and Review
Pre-scheduled and impromptu meetings will be discussed to ensure the plan is properly monitored and maintained. Reviews will be delivered on a quarterly basis. Discussion frequency will vary based on complexity, requirements, and preferences.
