A smarter approach to planning your future, reaching your financial goals, and protecting your most valuable resources
Our clients are partners. Together we share a single goal of reaching your financial dreams today and in retirement. Working together in the spirit of mutual trust, respect, and understanding is essential to this life-long partnership. Our planning approach shows our unwavering commitment to helping you reach your dreams – we call it the 3P Approach©. The 3P part means that together we Plan your financial future, help you Prosper, and ensure we Protect what you worked hard to build.
A good plan will simply mirror you. A great plan will guide you along every step of the way to help you meet and exceed your goals.
Plan – From defining the relationship to stepping into your shoes and developing your plan, every journey begins with a well-designed roadmap. Our proprietary process relies on a partnership philosophy and follows a series of six steps that guide us both through creating your unique plan. In our first meeting, we use this opportunity to learn about each other before entering into a partnership. It is important to us that all along the way, we ensure you are comfortable with the planning process.
Prosper – Subsequent meetings expand upon this approach, as we explore your personal financial profile in depth. Together we examine which of the 7 Pillars of Financial Success might apply to your current situation. We then test run a variety of scenarios before implementing an investment and tax reduction strategy based on your goals. A hallmark of this approach means our financial advisors work with your other advisors like lawyers and accountants to form a trusted, cohesive team. Our planning approach is flexible and designed so that you never outgrow a stagnant plan, rather the plan continues to evolve as your life unfolds.
Protect – As each target is met, we help protect your portfolio from potential hazards. With you as CEO, we work as your personal CFO to ensure you stay on track by helping you manage your fears and natural responses to them. It is in these activities that you begin to see the importance of our 3P Approach©.
When meeting someone for the first time, our dynamic planning approach guides us through the process. This process is designed to ensure a good fit for both of us before taking steps to develop and implement your plan, and then watch it take flight. An important aspect of the 3P Approach© is that it adheres to the Certified Financial Planner™ practice standards. The 3P Approach© was developed and refined through years of experience and has resulted in long-term clients, generational planning, and helping our clients retire when they want to – or get to a “work-optional” lifestyle. Here’s a closer look at the six steps:
Schedule an introductory call to discuss and explore your financial needs
We work with a select clientele who are driven to reach their goals, who value advice, and are fun to work with. In our first visit, we make a mutual evaluation, to determine if and how our services will best fit your needs and objectives. During this no-cost consultation no decisions are made. We don’t ask you to bring your financial documents with you. Instead, we spend the time discussing your situation and our services to ensure your financial profile fits what we do best.
In this meeting or the next, we will quote a fee, based upon the anticipated time and complexity of your financial situation. We believe that knowing the total cost up front allows us both the freedom to work through the planning process. It also allows clients to contact and meet with us without the pressure of unanticipated fees.
Discuss whether there is a good fit and whether we feel comfortable moving forward
We only take on a handful of clients each year so it is important to us that we both see a long-term relationship forming. As part of our unique 3P Approach©, we take time to assess all that we have learned about each other during the first discovery meeting. We carefully consider your situation to determine if there is a good fit with our philosophy and approach.
At the same time, you carefully consider if we can offer you the services and advice you are looking for. During the “fit call”, we reconnect and decide if there is a fit to move forward.
Begin gathering info using a variety of tools and software
Our goal during this crucial fact-finding period is to step into your financial shoes so we can begin to understand your thought processes. During the second meeting, we discuss your goals, views, attitudes, concerns, and current financial situation. This becomes the basis for your financial model.
An important aspect of discovery is understanding your financial behaviors. This insight will help you control innate behavioral mechanisms and biases which play a large role in the likelihood of reaching your goals. Also in this meeting, we review the engagement proposal, which outlines the work we will do together over the next 12-months and beyond.
Create your customized financial plan based upon your needs
Working with some of the brightest minds in the planning industry, we will do an exhaustive search to find the solutions that make the most sense for you. In this step, we provide a detailed analysis of your situation, trying on a multitude of ideas and modeling “what-ifs” to determine the best path to reach your desired outcome.
During our third meeting, we present you with a plan that is unique to your situation and which outlines the logical progression of objectives, observations, and recommendations. With you as the CEO, and us acting as your personal CFO, we dissect the pros and cons of each strategy through an economic model. This helps you understand their impact, so you can make informed decisions.
After running through a variety of scenarios we implement your personalized plan
At this stage, the team aspect of the planning process is fully realized as we work with your other trusted advisors like your attorney and CPA. As a cohesive team, we continually act as a key to the marketplace on your behalf.
As Accredited Investment Fiduciaries (AIF®) we will act in your best interests – never led by commissions. Whether through evaluating various investment options and products, coordinating tax reduction and estate planning strategies, or evaluating specific financial products, we help ensure they are right for each of your plan strategies.
Routinely review our efforts and make adjustments as your life unfolds
Because the planning process is ever changing and evolving, as your financial planners, we provide you with on-going review of where our efforts have brought us, and what needs to be done in the coming year and beyond.
This is also where the 7 Pillars of Financial Success begin to play a role. While not all of the pillars may be relevant to you today, many may be over time. Through a routine cadence of reviews, you will watch your plan evolve with you, as your life unfolds.