Broker Check

Wealth Management Plan: Financial Plan + Investment Management

Comprehensive Financial Plan

  • Looks at where you are today and where you want to go.
  • Defines your short-term and long-term goals and how you can pursue them.
  • Personal Budget Review – income vs. spending
  • Retirement Planning – How much money do you need to retire? When can you retire? Will your money last?
  • College Education Planning – How much money is needed to fund your child’s college education?
  • Major Purchase Planning – How will a major purchase affect your financial goals?
  • Protecting Your Income and Assets from the Unknown – What happens if…?

Comprehensive Financial Review

  • Risk/Volatility – Does your personal risk tolerance match your investment portfolio risk?
  • Asset Allocation and Diversification – Is your investment portfolio properly diversified?
  • Investment Education – Answers provided for all your investment questions.
  • Insurance Review and Analysis of Life, Disability, and Long-Term Care Insurance – A comprehensive review of your insurance coverage to verify that you are properly insured.
  • Insurance Education – Answers provided for all your insurance questions.
  • Strategic Tax Consulting – Proactively identify opportunities to help you reduce taxes.  Provide guidance on matters such as Roth IRA conversions and how investment income will affect your overall taxes.
  • Estate Planning Discussion and Review – Discussion on estate planning, legacy planning, and what happens if you become ill or incapacitated.

Investment Management 

  • Match your investment portfolio to your goals, needs and comfort level (Balancing risk and reward, portfolio diversification, and on-going investment management)
  • Periodic reviews of your investment portfolio and your financial position
  • Periodic rebalancing and adjustments to your portfolio as circumstances change
  • Provide ongoing education on important financial topics
  • Weekly Market Commentary e-newsletter
  • LPL Account View (On-line access to investment portfolio) 

Wealth Management Process:

Step #1: Introductory Meeting (estimated time: 30 minutes-1 hour) –complimentary

The introductory meeting is designed to determine whether our philosophy and process are a good match for what you need from a financial advisor.

Step #2: Discovery Meeting (estimated time: 1.5-2 hours)

The discovery meeting enables us to gather enough information to understand your goals, your finances, and everything else that we need to know to develop our plan and recommendations for you.  This takes into consideration your:

  • Personal finances
  • Investment goals
  • Time horizon
  • Risk tolerance
  • Income needs
  • Tax considerations
  • Performance expectations
  • Liquidity requirements
  • Insurance needs
  • Estate planning considerations

Step #3: Recommendation Meeting (estimated time: 1.5-2 hours)

We review and discuss your financial plan, investment portfolio strategy, investment allocation and diversification, risk analysis, specific recommendations and the next steps. This includes a discussion of:

  • Asset allocation models
  • Investment platforms and managers
  • Insurance recommendations
  • Estate planning suggestions

Step #4: Implementation Meeting: (estimated time: 1 hour-1.5 hours)

We resolve any outstanding questions or concerns, and then review and sign documents to open new accounts and transfer assets.  Once the accounts transfer, we can implement our investment strategy and allocation.

Step #5: Orientation Meeting: (estimated time: 30 minutes-1 hour)

We review our process, statements and other resources to confirm your understanding.

Step #6: Progress Review: (estimated time: 30 minutes-1 hour)

We discuss any updates to your family, employment, and financial situation.

We discuss the current economic environment and any possible concerns.

We review your progress toward your goals.

We make changes and re-balance your investment portfolio, as needed.


Securities and Advisory Services are 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.  There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio.  Diversification does not protect against market risk.

Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against a loss.

Asset allocation does not ensure a profit or protect against a loss.