Wealth Planning Process

1) Data Gathering:

Where are you now? Together, you and your wealth advisor will discuss your current financial situation. Comparing your income and expenses provides insight into where your money is going. This serves as the foundation for creating your financial plan. Once you understand your current financial situation, you can plan for where you want to be.

2) Client Objectives:

Where do you want to be? Once we have a clear understanding, together we determine what your financial goals and objectives are. I never assume your objectives are the same as those of any other person. I want to hear about what you desire and what you will need in the future. This is the most important and can be the most enjoyable step in the process – envisioning what you want your money to do for you and your family.

3) Analyze Information:

Your wealth planning advisor will then consider all aspects of your situation to determine what you need to do to meet your goals. Utilizing all of the information you have provided, we’ll begin the wealth planning process by converting your needs and goals into actionable recommendations for you to achieve your objectives.

4) Recommend a Total Plan:

Using the information gathered, I will develop a set of financial solutions designed to maximize your chances of meeting your financial goals and explain the rationale so you can make an informed decision. We will not proceed to the next step until all of your questions have been answered and you are comfortable with the plan.

5) Implement Plan:

Let’s get started. Wire To Wire Wealth will assist you in implementing all aspects of your new financial plan. We will bring the strategy to life with your help and strive to make your financial objectives a reality. This step involves opening accounts, completing applications, signing paperwork and funding the plan.

6) Monitor Plan:

It can be difficult enough to get where you’re going with a plan. But it’s nearly impossible to reach your goals without one. The wealth planning process is a long-term partnership. Like your relationship with your attorney, CPA, or doctor, I will work with you over the many years to come making sure that the plan is working and making recommendations to adjust the plan if needed as your financial goals or situation changes.