Annual Review Process

Most clients tell us that each time they attend a review, they feel like they’ve learned something and more importantly, now there’s someone else who’s fully aware of their overall financial situation. Prior to your meeting, we will send you an updated Net Worth statement to serve as a ‘pre-check’ of your collective assets and liabilities. Often clients modify this document with ‘updates’ and ‘edits’ to discuss during the review. After all, our goal is to always place your interest first. Thus, it’s important that we have a clear understanding of your overall net worth as it serves as a leading indicator in helping us provide advice that best serves you and your goals.

Update and present where you stand financially

⯈ This gives you a visual tool so that you know where everything is, and what everything is worth.

Present a visual picture

⯈ Present you with a complete and updated picture of where you stand financially.

Share the progress

⯈ Share the progress you’ve made financially and offer advice where needed.

Make recommendations

⯈ If any, for changes to your investment portfolio. We’ll also revisit your risk tolerance and overall asset allocation.

Listening and learning

⯈ Listening and learning about changes that have occurred in your life since our last visit.

Review your last year’s tax return

⯈ We’ll see if we can identify a gem or two that could help save you a few dollars. Note: We do not offer tax preparation services so we suggest that you discuss your specific tax issues with a qualified advisor.

Offer investment advice

⯈ Offer investment advice on your retirement plan at work such as a 401k, 403b, or SEP IRA.

Explore insurance coverages

⯈ Explore and discuss your existing insurance coverages.

Examine spending needs in retirement

⯈ Examine and review your spending needs in retirement

Revisit financial goals

⯈ Revisit and discuss your personal financial goals.

Advice on major purchase decisions

⯈ Listen and provide advice on major purchase decision