Why Create a Plan?
It seems that most people spend more time planning their vacation than they do planning for their financial future.
We can help you achieve and will provide guidance to:
- Help reduce taxes
- Save for retirement
- Decide how to invest
- Determine proper insurance coverage
- Offer custom-designed programs to try to achieve your special goals…buying a home or condo, retiring early, financing your child’s education and more
As a client, you and your North Florida Wealth Advisor will follow a 6 Step Plan to identify goals and objectives.
Planning Isn’t Impossible
When you create a financial plan with us, it is not carved in stone! Because our clients goals change over time, we review your plan with you and make changes as needed. It is never too late to start. Creating a plan with a professional Financial Planner will help you to know where you want to be and how you’re going to get there. Isn’t now the right time to start planning for your life?
6 Step Plan
Step 1: No Obligation Interview. At this meeting, a we will listen to your financial concerns and discuss what financial planning can do to help you achieve your financial objectives.
Step 2: Gather Information. If you decide to purchase financial planning services from us, we move on to the next and most important step: data gathering. This is where we learn about all of your financial goals, objectives, assets, liabilities, income, expenses and other relevant information. The foundation of a sound financial plan is having a clear understanding of who and what you are. This information is kept strictly confidential.
Step 3: Analysis and Development. A preliminary analysis of the information about you is prepared. This includes reviewing all of your objectives and determining if they are feasible. During the initial meeting, you will meet with both of the partners who will discuss your situation to be certain that we fully understand your requirements. We may consult, with your permission, with your attorney, accountant, or other adviser to make sure the data is complete.
Step 4: Plan Presentation and Delivery. After all of the alternatives and information is analyzed, a final plan will be presented to you. The final plan is a written document prepared especially for you. It contains specific recommendations designed to help you meet your financial goals and objectives.
Step 5: Implementation. We, acting in a registered representative capacity, will explain how you can act on the specific recommendations in your financial plan by purchasing financial products. Financial products may be purchased at any institution you choose; however, as a North Florida Wealth Advisor client if you select us to manage your accounts or purchase financial products we will waive the financial planning fee.
Step 6: Monitor and Update as Needed. In life, one thing is constant: change. Each year, and perhaps more frequently, your income, investments, assumptions, and objectives will change. We meet with our clients at least yearly to discuss your financial situation.
*North Florida Wealth Advisors do not provide legal or tax advice. You should contact your tax or legal advisor for details on how any financial plan recommendations will affect your personal tax and legal situation.