To help you achieve your goals, we first gather information about your current financial situation as well as your desired investment returns and risk tolerance. We also take the time to learn what your objectives are and what you hope to accomplish. We use this information to put together a Financial Action Plan tailored specifically to you, including a detailed investment analysis, strategy, and implementation.
Once your plan is in place, we review it regularly, modify it as needed, and provide accountability when necessary. Our fiduciary responsibility requires that we act in your best interest in all circumstances, and we are committed to ensuring that you continue on your path to financial freedom. In our experience, our most successful clients achieve their success as a result of their commitment to “stay the path” in their financial plan. We believe that a little healthy tension is a positive indicator that we are holding you accountable towards achieving your desired outcomes.
We review your portfolio regularly and rebalance it as necessary, whether due to investment performance or to changes in your obligations or objectives. As part of our comprehensive planning services, we maintain a detailed financial summary of your assets and liabilities to track your net worth on an ongoing basis. Staying ‘connected’ to your net worth on at least an annual basis is critical because that connection works both as a motivator to keep you on track or as a guiding hand to correct you when you stray from the path. We will explore the following questions with you to determine how well you and your financial plan are working together:
- What is adding to your net worth?
- What is detracting from your net worth?
- How is your net worth impacted by income fluctuations?
Understanding the answers to these questions, as well as others, helps ensure that you stay focused on your goals and allows us to guide you toward your optimized financial future.
Our goal is to ensure you have the best risk-adjusted return. Most of our clients are not trying to ‘win the lottery’ in the stock market or have an overly aggressive risk tolerance. Our clients have ‘already won the game’ through hard work and dedicated planning. Our job is to not undo the good work you have already done and are continuing to do. Rather, our job is to continue to build and preserve your wealth by upholding your stewardship standards and recommending wise financial investment decisions.