Many individuals confuse financial planning with general savings and investing advice. While how to save (and how much!), and where and when to invest those savings, is every bit important, prudent Financial Planning goes much beyond the realm of just saving and investing. The sooner you understand the role of financial planning in pursuing your short, medium and long-term financial aspirations, the better you’ll be able to control your financial destiny.
A well-grounded financial plan is essential for anyone who wishes to accomplish specific financial objectives. Whether it be the idea of owning your home (sooner, rather than later!), making sure your children’s education is well funded, or ensuring a smooth and stress-free retirement; all of these seemingly disparate components come together under a unified financial plan.
The scope of an effective financial plan should therefore cover key aspects such as Saving, Budgeting, Investing, Tax planning, Insurance planning, Retirement planning, Estate planning strategies, and much more.
Our systematic approach to Financial Planning services includes:
Discovering You: We realize that financial planning is all about YOU! And the only way that we can deliver what YOU need is to understand what those needs are. We do this through a consultative discovery approach of getting to know you, and helping you understand what we can do for you.
Strategizing: Now that our professionals have a better sense of who you are, and what you wish your financial future to look like, we can work together to create a financial strategy that will help you fulfill those financial objectives.
Holistic Planning: Cookie cutters don’t work for us – and we believe they don’t serve the interest of our clients either. Through our systematic strategy-building process, we’ll create a set of personalized, holistic plans – for the short, intermediate and long-term, that will help fulfill your overall financial strategy. Our planning process is intensive, and we do it using a consultative and iterative approach. Each session brings us closer to helping you pursue the financial objectives that we set out together, during the Discovery phase.
Implementation: Now that the plans are in place, we’ll walk you through the process of implementing them. Whether it’s making the right investment decisions, choosing the right insurance plan for you and your family, saving enough (and regularly) to pursue your retirement goals, or creating an Estate Plan that preserves your legacy; our qualified Financial Planners will be right there by your side as you take each step. Through foresight, encouragement and professionalism, we’ll make sure each step of the plan is successfully implemented.
Frequent Reviewing and Monitoring: While we’ll laud you at every successful implementation of your financial plan, we’ll stay vigilant throughout the process to make sure you stay on track to pursue each of the objectives set out in the plan. Through constant monitoring, and frequent reviews with you, we’ll consult with you and make modifications to the strategies and plans as and when needed.
Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC.
*All investing involves risk including loss of principal. No strategy assures success or protects against loss.
*This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.