Our process begins with an assessment of your values. In the introduction meeting, we complete a Values Exercise and fill out the Net Worth Spreadsheet. This gives us an idea of where we are starting from and what matters to you.
Next, we sign the Financial Planning Agreement and complete the WWG New Client Questionnaire and any other outstanding documents. You’ll receive the Financial Planning Documents checklist, and schedule a time for the Data Gathering Huddle.
The next steps in our process are series of meetings in which we review your financial data and assess your goals. These meetings take place every 1-2 weeks. Here is what a typical sequence looks like.
Data Review & Goals Session
Strategy Session 1 – Where do I stand?
Strategy Session 2 – Savings and Accumulation
Strategy Session 3 – Asset Allocation
Strategy Session 4 – Taxes
Strategy Session 5 – Insurance
Other Strategy Sessions, as needed:
- Estate Planning
- Real Estate
- Business Planning
After these strategy sessions, we create your financial plan. You are provided with access to this through online documents and receive a hard copy. We meet to discuss the plan.
Over the next six months, our team works with you to implement the plan. Typical actions include:
- Portfolio transfer
- Apply for insurance
- Open new accounts
- Complete estate planning
- Strategize with CPA and/or attorney
- Other
After the plan is put into action, we monitor and track the progress throughout the year. There are typically one to three review meetings per year, and email check-ins as needed.
Every year on your financial planning anniversary, we review your plan and assess progress over the last year. We celebrate your wins and identify outstanding action items. This rolls into the next planning year.
