Intelligent investors often ask, "What is your wealth management process?" The following pages will provide the answer. A highly thought out system anchors my practice, and, when managing my clients' assets, I adhere to it.

Below, you will find a brief overview of my six-step process:

  • Establish Client and Financial Consultant Relationships
    My goal is to get to know you. I will ask you for relevant financial data, assess your risk tolerance, and determine your financial goals and needs. All future decisions in the Wealth Management process will stem from this information.
  • Gather Data
    I will identify your primary financial needs and work with you to prioritize both short- and long-term goals.
  • Analyze Current Positions
    In an "observations meeting," I will assess your current accounts and policies, looking closely for gaps or inconsistencies.
  • Present an Action Plan
    Depending on your situation, I will draft a financial plan that may include an Investment Policy Statement, a thorough Retirement Income Plan, and/or a detailed Action Plan of Recommendations.
  • Implement Plan
    At this stage, we will make the investment decisions on a product level: Which mutual funds should you buy? Which insurance policy is best for you? What sort of annuity fits best with your situation?
  • Ongoing Review and Reporting
    As a final step in the Wealth Management process, I provide ongoing monitoring of your portfolio. As time goes on, I will ensure that your assets remain diversified and that your objectives stay on track. Diversification and rebalancing do not assure a profit or protect against a loss in declining markets, but these are the best strategies available to help safeguard your investments.

Wealth Management Process