Introduction Meeting: Who are you? Why choose us?
In this first step of the financial planning process, we will gather important information about your personal and financial situations. This understanding will help us develop our plan and determine how we can work together effectively. Our discussion will focus on your personal circumstances and financial status.
Personal Circumstances
When diving into the personal aspects, we will explore a range of factors that shape your life. This includes your overall health and anticipated life expectancy, the dynamics of your family relationships, your core values, attitudes, and expectations. We will also consider your earning potential, openness to embracing risk, and aspirations, needs, and priorities. Furthermore, we’ll reflect on any existing plans you may have set in motion for your future, ensuring a holistic understanding of your personal vision.
Financial Circumstances
On the financial front, We will conduct a thorough examination of elements defining your economic reality. Key factors like age, family dependents, and insights from other advisors will be discussed. We’ll review your income, expenses, cash flow patterns, savings, assets, and liabilities. Our analysis includes understanding your resources and liquidity. We’ll also consider factors like tax liabilities, benefits, insurance, estate planning, educational expenses, retirement accounts, and risk capacity. This overview will help us tailor our approach to meet your needs and aspirations, ensuring relevance and effectiveness in our collaboration.
Note: If you are unable to share all the important details that allow us to fully grasp your unique situation, the assistance will be restricted.
In this meeting, we will discuss our firm’s philosophy and principles, helping you determine whether we are a good fit. If you are ready to take the next step, we are here for you.
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