Gather information and assess where you are.
Listen to your goals and ask clarifying questions.
Provide specific recommendations.
Gain agreement, prioritize and implement.
Continuous monitoring and refinement.
Gather and Assess
All relationships begin with a thorough exercise to gather your financial information and get it organized for your benefit and ours.
Listen and Clarify
Next, we help uncover your goals and objectives by asking open-ended questions and listening. We focus on all areas of your financial life, including insurance, cash flow/taxes/liabilities, charitable giving, education funding, retirement, investments, estate planning and advice related to your business.
Once we know what your financial situation looks like on paper and we have listened to what you hope to accomplish, we prepare a list of specific recommendations on how to best achieve your goals.
Agree, Prioritize and Implement
Because you may not completely agree with all of our recommendations or what we believe their priority should be, we must gain an agreement of the recommendations themselves as well as the priority for implementation. As with all recommendations, they have little value if not fully implemented. We do not leave this to up to you to accomplish, but remain actively involved in accomplishing each recommendation with you.
Monitor and Refine
For the majority of our clients, this comprehensive planning process continues. We meet quarterly to provide updates and recommendations to ensure a proactive review of each area of your financial life. Certain areas, such as investments, are reviewed more frequently, while other areas, such as insurance, may only be reviewed once a year.
In our experience, clients with fewer investable assets generally do not need to meet as frequently. Although there is no formal meeting process, these clients are encouraged to call or e-mail with questions throughout the year, knowing an advisor who is already familiar with their affairs will be able to thoughtfully answer their questions from an unbiased perspective. Until these clients’ investable assets exceed $350,000, we simply ask they make a $500 charitable contribution to the Valeo Foundation.