Holistic Financial Planning*

Lifetime Implications

Financially, how prepared are you? Successful people face multiple and complex financial matters. Do you have the time, expertise, and tools to manage them? Do you intend to do it yourself? The decisions you make today have lifetime implications.

In other words, are you managing the assets in your care in a manner that will afford the best possibility of achieving your goals?

Are you diverting attention away from other essential areas of your life to manage a host of financial matters that don’t have a common purpose or goal?  As a result, do you lack a sense of progress?  The sad truth is that most people have not defined and prioritized their dreams or motives.

Do you have written goals? Are you on track toward accomplishing your long-term goals?

Take a no-obligation “look” at eMoney Advisor. Click here to see how easy starting your financial planning process is.

•  eMoney Advisor is a wealth management platform that allows you to monitor account activity, track your progress toward goals, evaluate spending, etc. This solution helps me provide you with a clear picture of how likely you will reach your goals and access a unified real-time view of your financial portfolio. Click here for a video overview.

Your financial adviser should:

• have the experience, credentials, and resources needed to help you
• assess your current personal and financial situation and concerns
• help you identify and prioritize your goals and values
• help you identify and document your motives (the “why” supporting your goals)
• help you identify and consider alternatives for pursuing them
• help you decide on the best course of action for addressing them
• present a plan and action list for you to follow
• help you implement parts of the program as appropriate

A financial plan is NOT a series of financial recommendations from the adviser, which a corresponding series of decisions must follow.  That is not a plan. Frequently, a financial plan is not much more than a sales presentation for products or services. That is also not a plan.

A repeatable process of decision-making is beneficial. However, unless your financial planning process includes a decision-making process, you will still need to decide whether you want to act on the plan or not!

A financial plan in its final form should be a series of decisions made by the client with the planner’s help concerning the client’s goals.

Depending on the planning needs of the client, a guided “decision-making process” may consider the following:

• Client values
• Specific decisions to be made
• Specific objectives
• Client priorities
• Acceptable alternative solutions
• Risk and reward of various solutions

Financial planners will help you carefully consider these emotional concerns in your financial planning process.

Please call to arrange for a no-cost, no-obligation, exploratory meeting.