The Financial Planning Process
Step (1) Discovery
- Evaluate Your Current Financial Position
- Identify Priorities, Values and Concerns
- Present the Financial Planning Process
Step (2) Profile
- Gather Financial Information
- Determine Client Values
- Establish Priorities, Goals and Objectives
- Analyze Your Current Financial Position
Step (3) Strategy (Rough Draft)
- Present the Planning Analysis
- Confirm All Financial Information
- Discuss Relevant Strategies and Options
- Prioritize Your Budget
Step (4) Implementation
- Deliver Completed Financial Plan
- Review Strategies and Recommendations
- Develop an Implementation Schedule
- Establish Accounts
Step (5) Review
- Monitor Results
- Evaluate New Goals and Opportunities
- Review Implementation Schedule
- Discuss Changes and Enhancements