In all life stages, clients have financial goals. Their goals vary depending on which stage they are experiencing. For example, young newly married clients may be aspiring to buy a first home, whereas a client nearing retirement may be thinking of the adequacy of their savings.
We begin the process by listening and helping our clients identify, clarify and prioritize personal and financial goals. Usually these will be short and long-term goals. The next step is to analyze all relevant financial data such as cash flow, taxes, inheritance, life insurance, assets and risk tolerance. We then begin to develop a plan that builds on a client’s financial strengths and adjust for financial challenges.
As changes occur in a client’s life, we will adjust the plan where necessary. Different investment opportunities and changing tax laws will also prompt us to adjust a client’s plan. Our goal as a fiduciary is to continue to create a viable, flexible financial plan and investment strategy that supports a client’s evolving life stages and financial goals. Our wealth management services are also an integral part of the client’s financial plan.