Financial Planning

Financial planning is a process that involves determining the appropriate steps to take to  help build wealth and help protect your assets. A comprehensive financial plan considers your overall financial situation and the goals you’re trying to achieve to build a strategy for your future. We’re dedicated to helping you reach those goals by creating the financial plan that’s right for your situation. 

When we create a financial strategy for you, we consider your current investments and retirement goals to recommend the appropriate course of action. Sometimes, it means revising your existing strategy completely. Often, it includes examining every detail of your current situation to find the appropriate solution. We also periodically reevaluate your financial plan to ensure it’s still aligned with your goals.

If you don’t have a financial plan, you’re not likely to become financially confident.  Building wealth and saving for the future doesn’t happen overnight. It takes time, patience, and dedication, but you also need a plan to help you work towards your goals . This is especially true if you’re juggling trying to meet several goals, including saving for college and retirement. 

Our knowledge and experience is at your disposal to help you create the financial plan that supports your ideal lifestyle. Whether you want to retire early, travel the world, or start a fresh path as a business owner, you need a financial map to guide you where you want to go. We can help you select the appropriate  investment vehicles for your situation.

Financial planning is not the same thing as budgeting, although a budget can be a part of your financial plan. Here are some examples of what financial planning might look like for you:

• Create a college savings plan for your child
• Manage your retirement accounts
• Rebalance your investment portfolios
• Create a tax planning strategy to reduce your tax burden
• Prepare an income distribution plan for your retirement years
• Protect your assets with the suitable insurance policies

A financial plan is not just a document we create and file with other paperwork. It’s a process that requires action on your part. Your financial plan won’t be the same a decade from now. It develops with you and changes with your circumstances. Your financial plan should leave you feeling empowered and ready to tackle the big goals you’ve been working towards.

What Are the Steps Involved in Financial Planning?
To create a financial plan that works for your situation, we first get to know you, your financial situation, and your goals. Maybe you’re just starting out with saving for retirement, or maybe you’re close to retirement age. Once we figure out your timeline and risk tolerance, we’ll help you create a comprehensive financial strategy that protects your assets and helps you build wealth.

What Do Financial Planners Do?
A financial planner is like a specialized advisor who assists you in making decisions about your wealth. With our knowledge and specialization , we can provide personalized insights into your financial problems, helping you pursue  your goals. As financial planners, we use a comprehensive approach to finances instead of only focusing on one aspect.

How Financial Planners Can Help?
Our financial planners are here to help you create a financial plan that helps you pursue your goals by considering every aspect of your financial life. This includes retirement, insurance, taxes, investments, and saving for big purchases or expenses. We help you with investment returns while seeking to reduce your tax burden with the goal of increasing the bottom line for you.

How Much Do Financial Planners Charge?
It depends on whether you’re working with a fee-based or commission-based financial planner. A fee-based planner will charge you flat fees for their services or a percentage of assets they are managing for you. If your financial advisor is working on a commission, they’ll probably charge you a percentage per transaction fee.

Don’t wait any longer to create your financial plan. It can help build wealth and work towards  your financial goals. We’re here to create a customized financial strategy for you and so you can work towards financial independence.  Call us today to schedule your appointment.