Understand
Before we talk about what we are going to do, I need to know what you want. I also need to know what you’re doing now. This is the foundation of the work we’ll do together.
Design
This is where I get to do the fun stuff: design a financial plan that’s customized for you. I look at what financial planning and/or investment management strategies will help you get closer to your goals.
Execute
We’ll talk through my recommendations, any questions you have and make adjustments as needed. Then I get to work and put your plan in to action.
Align
I keep an eye on your plan to make sure it’s working like it’s supposed to, and we keep in touch in case life throws you a curveball – whether it’s good or bad … like a promotion or unexpected layoff, a new home or newly single. Together, we’ll keep your plan on track.
Your Experience
This timeline serves as an example and can be adapted to fit your needs.
They say cost is only an issue in the absence of value.
Sometimes financial advice is hard to quantify in terms of dollars and cents, but I find this infographic (from Michael Kitces at Nerd’s Eye View, www.Kitces.com) helps start to paint the picture for the value of financial planning.
This illustration is for general information only and not intended to provide personal investment, tax or legal advice.
Michael Kitces and LPL Financial are separate entities.