| Advisor
Actions / Responsibilities |
Financial Planning Sequence |
Client
Actions / Responsibilities |
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When you contact us, we'll provide a brief description
of our services, philosophies, methodology and fee
structures. We'll direct you to our web site or mail you
an introductory packet to help you learn more. |
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Step 1:
Community Outreach or Initial Inquiry |
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If our services appear to fit your needs, we'll schedule
a Get Acquainted Meeting (can be done on the phone or in
person). You can review our introductory materials, or
visit our web site if you wish to learn more, then
contact us for Step 2. |
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The Get Acquainted Meeting or Teleconference is an
opportunity for us to exchange information about your
needs and objectives, and further discuss which of our
services are right for you. We will also provide an
estimated fee quote. |
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Step 2:
Get Acquainted Meeting or Teleconference |
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When you decide to engage our services, we will give you
a list of additional data or information which we will
need to begin formulating your financial plan. One-half
of the estimated total fee is due at the time of this
engagement. |
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When we receive your information, we begin to review and
develop your financial plan. We prepare initial reports
to discuss at our Step 4 meeting. |
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Step 3:
Data Gathering and Initial Preparation
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In Step 3, you gather the data requested, and complete
your cash flow worksheet and risk tolerance
questionnaire. You may fax or mail this information to
us before our next meeting. Upon receipt of it, we will
schedule our Step 4 meeting. |
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In this interactive meeting, we discuss and clarify the
information you have provided thus far. We continue to
refine your financial goals and objectives. |
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Step 4:
Interactive Goal Setting Meeting or
Teleconference
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In this Interactive Goal Setting Meeting, you have
another opportunity to clarify your current situation,
financial goals and objectives. Come with any additional
questions or concerns you may have. |
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We edit the initial information as needed and run
additional scenarios if applicable. We conclude our
research and analysis, and produce final reports for
your personal financial plan. We add our observations
and recommendations to the plan. |
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Step 5:
Analysis and Plan Formulation
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As we move into Step 5, you simply schedule a meeting or
teleconference 1 or 2 weeks after our Step 4 meeting.
In the interim, we are hard at work preparing your
financial roadmap. |
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In Step 6, we present and review your personal financial
plan. We discuss all reports and provide you with a
written summary of our observations and specific
recommendations. |
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Step 6:
Presentation of Your Financial Plan
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Congratulations! At this point, you will hold a
personalized roadmap, custom designed to meet your
financial goals. Full payment of the balance for actual
fees incurred is due at the conclusion of your plan
presentation meeting. |
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If you need and desire our help with plan implementation
and follow up, at the conclusion of Step 6 we will
discuss what might be an appropriate ongoing plan with
you. Periodic update meetings and reviews are also
recommended. |
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Step 7:
Plan Implementation and Follow Up
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Proper implementation is crucial to reaching your
financial goals. Whether you now implement and monitor
the plan yourself, or engage us to provide a portion or
all of these services for you, we urge prompt action. |
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