Steps to Building a Solid Framework
1. THE RIGHT FIT
We see our firm as complementary to our client’s lives, and for this reason, it’s important to make sure that each of us is a good fit for the other. We aim to work with people that have the right mindset towards planning and investing, and who take ownership in our process.
Keeping it simple, our fee schedule is a flat 0.85% for all assets under management; we have a minimum $1,000,000 investable assets for prospective clients.
2. LET’S PLAN
The foundation is mapped by understanding your personal and financial circumstances. By collecting both quantitative (e.g. income, expenses, assets, liabilities, estate plans, education & retirement accounts, etc.) and qualitative data (e.g. goals & objectives, family circumstances, mindset, your risk need, tolerance & capacity, etc.), we create a narrative of your financial story.
We don’t invest in a vacuum, therefore, having analyzed your financial picture, we gain clarity in determining your WHY of wealth building. We design and implement an investment plan that meets your goals, all the while discussing/educating/informing you throughout the process.
As an advisor + client team, each of us has a role to play in your financial success. We work with you on an ongoing basis to prioritize the steps you need to take to achieve your goals, in turn, effectively maximizing your use of capital over the long term. We understand that relationship building takes time, and patience is key, therefore, ongoing communication and monitoring of your progress is fundamental in attaining a successful outcome.
One of the most important aspects of our job as your advisor is to give you the right information at the right time to avoid emotionally driven financial decisions. Most detrimental decisions to your financial future are made in moments of panic and stress. We are here to advise you at critical points of financial decision making.
5. ELEVATED INVESTING
At this level, a client fully comprehends what the nature of real investment risk is. They have accepted that they cannot time the markets, they cannot avoid volatility, and they cannot compartmentalize their financial life. They’ve taken ownership of their own financial choices and have fully embraced the client + advisor relationship as beneficial and complementary to their lives.