COMPREHENSIVE FINANCIAL PLANNING

Financial planning is an ongoing process that must adapt to changing circumstances in your life. Comprehensive financial planning is all about helping you understand where you are, how to get to where you want to be, and keeping you on track as you implement your plan.
It is a multi-step process that is designed to organize and simplify your finances. It will help you define your dreams, provide a strategy to achieve them and allow you to live the life you deserve.
Although every financial plan is unique, the following are common areas we cover during the planning process:

  • Cash Flow & Debt Management
  • Insurance Planning (Risk Management)
  • Investment Analysis
  • Investment Management (see note)
  • Retirement Planning and/or Education Planning
  • Business Planning
  • Estate Planning

Note: Investment management is included in the Comprehensive Financial Planning fee, for assets less than $400,000.

HOW DOES IT WORK?

We start by creating a single picture of your entire financial life, that shows how the pieces fit together; a financial map.

The next step is a process for identification of your goals, creating a vision for where you want to go in your career and life.

Strategies for achieving the goals are developed, and preferred approaches are selected from the available alternatives.

See everything in one place on your personal financial website; expenses, investments, net worth & more.

Ongoing support ensures that you stay on track, and allows for any needed adjustments as you implement your plan.


A personalized secure financial website allows you to see all of your accounts at a glance. It includes a dynamic net worth statement, cash flow analysis and a client vault that allows you to store your important documents.

INVESTMENT MANAGEMENT

Whether you decide to manage your investments yourself, or have me take that job off of your plate, I will help you to develop an investment strategy that supports achieving your goals.
An investment management plan will be tailored to your specific needs and goals, which is why it works best as part of a comprehensive financial plan. For clients with assets less than $400,000, Investment Management is included with your Comprehensive Financial Planning fee. Common elements of investment management include:

  • Developing an understanding of your risk tolerance
  • Identifying the life goals that your investments will need to support
  • An analysis of your savings and retirement accounts to identify gaps between your investments plan and your goals
  • Development of an investment strategy to close the gaps, including an asset allocation, and portfolio design
  • Implementation of the investment strategy, and ongoing monitoring and maintenance of the plan

What about beating the market?

In reality, fewer than 1% of mutual fund managers consistently beat the market based on superior market-timing or stock-picking skills.(1) The truth is that beating the market is just not important. What’s important is developing an investment strategy that will achieve your goals and is aligned with your tolerance for risk. I can help you do that.
The key elements of this approach include low costs, diversification, appropriate risk adjusted return, and limited trading.

HOW DOES IT WORK?

It begins with the identification of your goals, creating a vision for where you want to go in your career and life. This will allow us to identify the purposes and time horizons for your various investments.

Next you will complete a process that helps us to understand your tolerance for risk.

I will then develop an asset allocation strategy, and specific investment portfolio recommendations, that are designed to achieve your goals.


If you plan to manage your own investments, I will walk you through the process of implementing your strategy. If you would like me to manage your investments, I will implement your strategy, and keep it on track for you.

HOW MUCH DOES IT COST?

COMPREHENSIVE FINANCIAL PLANNING

There is an initial engagement fee for Comprehensive Financial Planning. The engagement fee ranges from $600 to $1500, and is based on the complexity of your financial situation. Investment management is included with Comprehensive Financial Planning. Comprehensive planning fees are based on assets under advisement, as shown in the table below. There is no minimum asset requirement.

ASSETS UNDER ADVISEMENT (AUA) MONTHLY PLANNING FEE ANNUAL INVESTMENT FEE
Less than $400,000 $250 $0 (included at no charge)
 

$400,000 and greater

 

 

$0 (included at no charge)

 

$0-$1,000,000 0.75% of AUA
$1,000,000 – $2,000,000 0.45% of AUA
Above $2,000,001 0.0% of AUA

 

INVESTMENT MANAGEMENT
ASSETS UNDER ADVISEMENT (AUA) ANNUAL INVESTMENT FEE
$0-$1,000,000 0.75% of AUA
$1,000,000 – $2,000,000 0.45% of AUA
Above $2,000,001 0.0% of AUA

 

In the world of action and negotiation, there is one principle that governs all others: The person who has more options has more power. Don’t wait until you need options to search for them. Take a sneak peek at the future now and it will make both action and being assertive easier.

TIMOTHY FERRIS

BUILDING YOUR DREAMS IS A PHONE CALL AWAY!