True Wealth Planning
A good financial plan should be unique to your family and should focus on areas that affect you. Traditional financial planning concentrates on what’s happening with a client’s money, but True Wealth Planning focuses on what’s happening in a client’s life.
We take the time to get to know your lifestyle, passions, priorities, and values, so that we can deliver a financial plan designed to propel you toward the future you’ve envisioned for yourself and your family.
What you’ll get
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Four 90-minute meetings with a CFP®
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Access to our online platform to input your financial information prior to your meeting, and the ability to track your progress for one year
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A follow up email after each meeting with personalized resources and specific next steps
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Clarity on which financial goals to focus on
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A detailed financial plan delivered to you after completion of the engagement
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Unlimited email support for one year so you can ask questions as they come up
We understand that financial areas overlap and often impact each other. The True Wealth Planning process addresses your entire financial wellbeing by allowing you to choose relevant areas to focus on from our comprehensive menu.
We partner with you to define a life of meaning
and create a tailored financial plan to get there.
Stop feeling overwhelmed by finances despite your significant income. You can find peace in clear direction, allowing you to focus on what’s most important to you!
*We charge a fixed fee for True Wealth Planning based on the complexity of the planning topics covered. Half of the fee is collected upfront, and the remainder is due upon completion of the engagement and delivery of the financial plan.
Menu of planning topics
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We will collaborate to clarify what is most important to you, organize your priorities, and define your unique vision of a meaningful life.
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We will collaborate to develop a spending plan to use with your whole family, establish an appropriate emergency fund, analyze and provide projections of future income needs, proactively plan financially for life transitions, and determine debt management strategies.
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We will collaborate to evaluate your risk tolerance, analyze the best investment options given your funding goals, values and time horizon, test asset allocation against historical market conditions, and evaluate costs, tax efficiency, and income potential of investment options. This also includes accumulation planning for retirement.
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We will review and analyze whether you, as an employee, are taking the maximum advantage possible of your employee benefits. If you are a business owner, we will consider and/or recommend the various benefit programs that can be structured to meet both business and personal retirement goals.
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We will collaborate to identify your specific retirement needs, typically focusing on financial independence as the primary objective. We will identify any gaps between retirement income sources and retirement needs then make recommendations to lessen the gap. While in retirement, we will create a distribution strategy that takes into consideration tax penalties and withdrawals.
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We will collaborate to minimize current and future income taxes as a part of your overall financial planning picture. Additionally, we will participate in meetings or phone calls between you and your tax professional with your approval.
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We will identify the areas that can derail your financial plan, determine your comfort level of risk in these areas, and recommend proper insurance coverage to fill the gap. We will address health, auto, homeowners, life, disability, umbrella, and business liability insurance.
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We will prepare you to work with an attorney to implement the necessary estate planning documents. During this time, you may create a will, establish a trust, identify powers of attorney, successor trustees, and executor, assign beneficiaries, complete necessary medical forms for communicating wishes, and assign guardianship for minor children.
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We will collaborate to discover your charitable inclinations and determine how to best incorporate those into your overall financial plan to achieve your charitable, tax, and estate goals.
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We will review and analyze your current business financial statements, facilitate wealth transfer planning, assist with buy-sell agreements, and create a plan to sell or transfer your business when the time is appropriate.
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We will address the major impact of topics such as divorce, marriage, birth, disability, and inheritance, then make the necessary changes to successfully adapt to your new way of life.
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We will review and analyze your current real estate portfolio and respective loan details to ensure it aligns with your current goals and priorities. We will help coordinate the buying and selling of real estate by connecting you with local industry leaders who will guide you in achieving your stated goals.
“Financial planning reveals reality, imposes discipline and exposes people to potentially helpful strategies they may not have considered.”
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