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Advice-Based Comprehensive Financial Planning


Many factors determine each client’s Advice-Based Comprehensive Financial Planning situation: age, marital status, occupation, children income/expenses, health, risk tolerance, time frames, family situation, investment experience etc. 

There are six steps in Advice-Based Comprehensive Financial Planning, and each one is critical to the success of my client’s goals and objectives. While these steps may seem “simple”, generally I find that the entire process can take several meetings and my personal attention to consistent monitoring.

  • Establishing and defining the client-planner relationship
  • Gathering client data including goals
  • Analyzing and evaluating the client’s current financial status
  • Developing and presenting recommendations and/or alternatives
  • Implementing the recommendations
  • Monitoring the recommendations

Looking at each of these steps separately:

  • Our first Discovery Meeting is the most important step as we will develop a foundation of mutual respect.
  • The plan will include inputting data, running scenarios, and analyzing scenarios to determine a beneficial comprehensive plan.
  • Recommendations and advice are both art and science. Your plan will be customized to your individual lifestyle and goals.
  • Monitoring client situations is critical, as changes constantly occur, I will always work to ensure my clients are in an optimal situation.

Areas of Advice-Based Comprehensive Financial Planning:

  • Retirement Planning
  • Investment Planning
  • Income Tax Planning
  • Estate Planning
  • Risk Management Planning

Each area is very important to the financial success of my clients. Most areas in your financial situation will have a bearing on the other areas. This interconnectedness is what makes advice-based comprehensive financial planning so important. Answering the most common client question, AM I OK?”

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