Our Process
Discovery Process
Our first meeting provides an opportunity to explore whether our approach is a good fit with your situation. We will ask questions about your financial goals and what is important in your business and personal life. Also we will explain how we use our process to help manage our client's entire financial situation.
Set Milestones
As with any plan, progress comes faster when you have a goal to work toward. We will help set corporate goals that make sense given the personal and business information we revealed in the Discovery Process.
Current Situation
We will document your business and personal financial situation, allowing us to create a benchmark for measuring our overall progress.
Comprehensive Assessment
Before we develop a strategy, we must have a thorough understanding of your situation. We will perform a comprehensive review of information relevant to your personal and business finances.
Build Financial Road Map
At this point, we have established your personal and business financial goals and have established a solid understanding of your financial situation. Next, we will develop a Financial Road Map that documents issues already addressed, and helps guide how we will work toward meeting future goals.
The Master Plan
Based on our analysis, we will recommend strategies for tackling the complex issues you face. You will sleep better at night knowing that we have organized your financial affairs and taken care of important financial issues such as preparing for business succession and ensuring you are not overpaying taxes. Development of this plan is complex, and may require a few months to complete.
Implement the Master Plan
At this point, you will see a direct impact on your financial situation. Many of the recommendations in the Master Plan are interrelated, and we will ensure that they are implemented in a logical and practical order.
Communicate with Professionals
Complex financial issues often require expertise in areas such as tax planning, employee benefits, and succession planning. We will work with professionals in the community as required, including your current accountant and lawyer.
Create the Wealth Book
To create peace of mind, we will compile a summary of your financial situation. The Wealth Book contains the Master Plan that we have developed, along with other practical reference information relevant to your personal and business finances.
Digital Documentation
To ensure you are prepared for events such as theft or fire, we encourage you to photograph all your major assets. This will ensure proper documentation of personal assets such as your home and car as well as any business assets such as buildings and equipment. All photos will be kept on file with your financial plan.
Review
Sound financial management is a continuous process. We will meet with you several times a year to review and revise the Master Plan, ensuring we are always on top of your financial situation.