Financial Planning

How it works

 

1. Initial Meeting

  • Fact gathering
  • Identify objectives
  • Define scope of engagement
  • Fee estimate

Click here for financial planning worksheet:

 

2. Goal Setting and Software Setup

  • Outline short- and long-term goals
  • Link accounts to Wealth Vision software
  • Review spending and cash flow
  • Risk assessment
  • Collect fee

 

3. Final Presentation

  • Provide recommendations and implementation of advice

 

4. Execution

  • Account(s) setup
  • Trade execution

 

5. Ongoing Monitoring

 

 

 

1. Starter

  • Develop investment portfolio and set financial goals
  • 5-year cash flow and savings projection
  • Review retirement account contributions (IRA and Roth)
  • Evaluate employer retirement plans
  • Elect employee benefits and evaluate supplement coverage needs

Full Details

2. Essentials

  • Investment portfolio analysis, strategy, and recommendations
  • Year-end tax planning and savings
  • Stock options strategy and stock plan organization (ESPP, RSU, ISO, NQSO)
  • Debt strategy for mortgage, student loans, auto loans, etc.
  • Traditional versus Roth contribution analysis
  • Education and college funding
  • Insurance planning (Life, Disability, Long-term care)
  • Assistance with major purchases such as home buying or business purchase
  • Review custodial account contributions

Full Details

3. Advanced

  • Tax coordination meeting with your accountant
  • Alternative investment strategy (private equity, venture capital, non-traditional real estate)
  • Tax-qualified investment consideration (exchange-traded funds, qualified opportunity zones, deferred annuities, etc.)
  • Retirement income forecasting and planning
  • Concentrated stock strategies and liquidation (10b5-1 planning)
  • Estate planning review – updating documents and beneficiaries as needed
  • Budget analysis (spending by category, spending history, budget establishment)
  • Roth IRA conversion analysis
  • Annual gifting and charitable gifting

Full Details

4. Topic Specific

Contact us if you would like to discuss getting advice on a specific topic or if you feel that one of the packages does not apply to you

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