Financial Planning
Most people confuse financial planning with general savings and investing advice. While these components are incredibly important, prudent Financial Planning goes well beyond the realm of just saving and investing. The sooner you understand the role of financial planning in meeting your short-, medium-, and long-term financial aspirations, the better you’ll be able to control your financial destiny.
Why Financial Planning is Important
A well-grounded financial plan is essential for anyone who wishes to accomplish specific personal goals. Whether it is the idea of owning your home, making sure your children’s education is well funded, or ensuring a smooth and stress-free retirement, all of these seemingly disparate components come together under a unified financial plan with defined objectives – your road map for your desired financial destination. The scope of an effective financial plan should therefore cover key aspects such as saving and budgeting, investing, tax planning, risk management, retirement planning, and estate planning.
How We Help
Our systematic approach to Financial Planning services includes:
- Discovery Phase: We realize that financial planning is highly individual – it’s all about your specific needs and goals. And the only way that we can help you meet those needs is to understand first what they are. Our first meeting is a consultative approach of getting to know you and learning what’s most important to you. You should be the one doing most of the talking during this meeting!
- Strategizing: Now that our professionals have a better sense of who you are, and what you wish your future to look like, we can work together to create a financial strategy that will help you fulfil those personal goals.
- Holistic Planning: No cookie cutter plans here! Through our systematic strategy-building process, we’ll create a set of personalized, holistic plans – for the short, intermediate, and long term - that will help fulfil your overall financial strategy. Our planning process is intensive, utilizing multiple consultative planning sessions along with top-of-the-line risk analysis software to derive the best possible plan to help you achieve the financial objectives that we drew out during the Discovery phase.
- Implementation: Now that the plans are in place, we’ll walk you through the process of implementing them. Whether it’s making the right investment decisions, saving enough (and regularly) to reach your retirement goals, or creating an Estate Plan that preserves your legacy, our Financial Advisors will be right there by your side as you take each step.
- Frequent Reviewing and Monitoring: A plan is only worthwhile if its followed! We’ll stay vigilant with monitoring and reviews with you, consulting together as necessary to make modifications to the strategies and plans through life's ever-changing landscape.