Since a customized financial plan serves as a guide to help pursue your goals, our process gives us a disciplined way to identify the appropriate strategies for moving forward to fully address each of your needs – now and in the future. Here are the foundational steps we use to build you a financial plan designed for nothing less than excellence.
First, it’s imperative that we get to know you. As we do, we build a clear understanding of what your goals are, what your current financial situation looks like, and your investment experience and risk tolerance. As part of our discussions, we also make you aware of our capabilities and explain how strategies we put together can help you meet your objectives.
Next, we analyze what you’ve shared with us in order to design your plan. This step may include collaborating with your other professional advisors such as your accountant and lawyer. This helps ensure no stone is unturned in regard to your financial life, and that your plan will work for you in a cohesive way. We then present you with our recommendations, answer your questions, consider alternatives and outline the steps we need to take for implementing your plan.
With your approval, we execute your customized strategy using the extensive research and resources available to us through Raymond James. This involves the rigorous analysis and selection of specific account types, investment products and services best suited for you. During this step we also handle all the necessary paperwork to move your plan forward.
Once your plan is implemented, we continually monitor its progress relative to your defined objectives. This is key in helping ensure your goals and investments are aligned. By providing ongoing reporting of your account activity and conducting periodic reviews, we proactively – and consistently – suggest changes as your life evolves and investment opportunities change. As well as we know our clients, an integral piece of the overall management of your plan is communicating significant changes in your life so we can adjust your plan as needed to help keep you on track to meet your goals.