A Fee-Only SEC Registered Investment Advisor Since 1980
THE COMPREHENSIVE FINANCIAL PLAN For some individuals, a comprehensive financial
plan is the most prudent first step in planning your financial future. In this
written document, we provide thorough analysis of your income and expenses,
assets and liabilities, taxes, insurance needs (including life, disability, and
medical and long-term care coverage), current investment portfolio, real estate
holdings, employee benefits, retirement plans, and your wills and trusts.
We follow a six-step financial planning process:
First, we help you take inventory of all relevant data regarding your assets and liabilities.
Next, we identify your goals and objectives, both short and long term.
We then analyze the strengths and weaknesses in your current situation and help you set priorities.
We then identify possible strategies that may help you reach your stated goals.
When appropriate we may produce a written plan of action.
Finally, we assist you in the implementation of the plan and schedule periodic reviews and updates.
FOCUS PLANNING
Financial planning does not always involve a lengthy written plan. For some,
focus planning may be more appropriate, particularly for those who already have
a good financial plan in place, or for those whose financial situation has
taken a dramatic turn. Situations that would prompt such a review might be
retirement, unemployment, death of a spouse, divorce, inheritance, market
conditions, job change or marriage to name a few. No matter how focused a
problem may be, we recognize that all elements of your financial life are
inter-linked. Thus, our analysis will always be in the context of your overall
financial picture.