Planning to Succeed. Our Wealth Management Approach.
We follow a disciplined approach to managing wealth. We believe that this method provides the highest likelihood for you to achieve your goals and objectives. Further, it serves as a confirmation that we understanding of your situation and allows us to provide the best advice and investment management decisions. Here’s how we do it.
The first step is to sit down with you and listen. We take time to understand your issues and prioritize your objectives. Only after a deep understanding of your situation and how each element is interconnected, can we properly understand your priorities.
Based on your priorities, we gather the right information to best understand your resources. This is both qualitative and quantitative. The more clear and accurate the information, the more effectively we can provide advice. We also take time to understand your sentiment towards risk.
After we gain a 360 degree understanding of your objectives, priorities and resources, we use sophisticated planning and analysis tools to create a blueprint that addresses each of your issues and how they related to each other. We often use a probabilistic analysis tool to understanding potential future outcomes. This Monte Carlo Simulation tool helps determine the risk that needs to be taken to achieve your goal, whether you are in an accumulation, withdrawal or transfer of wealth phase
In the real world, planning is both art and science; this is where they begin to intersect. We will share the results of your analysis and provide specific guidance to help you get from where you are to where you are going. The document we prepare will serve as a blueprint to help you achieve your objectives, and will serve as the basis for asset allocation decision that are an essential factor in determining cash flows, achievable lifestyle, family legacy wealth, and/or philanthropic desires.
We consider a “Wealth Allocation Framework” in this exercise. (See below)
With your approval, we will initiate the strategies that have been agreed upon. This may include asset management, risk management, tax smart decision making, estate planning or philanthropic desires, education planning and/or lending solutions.
Over time, you may have changes in your situation, a shift of objectives or unexpected life events. As there are material changes, we will continue to make adjustments along the way to help you maintain a high level of understanding of your situation and help us to provide you with thoughtful intelligent advice. There is an interconnectivity of the financial matters, and this is where a relationship with experts matter. With your personal financial website we establish, you will be able to track your entire financial picture in one place regardless of where assets are held.