Our process gives you the ability to make an informed decision about working with us to piece together the financial picture you desire.
There is no cost or obligation to go through these steps as we want you to know how we can add value to your situation before you make a decision.
Schedule 15 min call
We want to get to know you! This is also an important first step in making sure your situation and goals are a good fit for our expertise.
If we aren't a good fit, we will do our best to help you find another firm who is.
In-Person or Virtual Meeting
This meeting is meant to dive a little deeper on where you currently stand, and to understand other unique aspects of your lifestyle, wants, and needs.
We will ask you to bring/send certain financial documents in order to provide massive value to you during this meeting.
We Piece Together Your "Big Picture"
We do an analysis of where you are currently and apply our professional insight and experience to help you visualize the beginning steps of your financial game plan. This can address:
- Where and how will you get sufficient retirement income?
- Are you paying more than you need to in taxes?
- Can your investments be simplified and have a defined purpose?
- What potential risks threaten your financial goals?
- For business owners: What options do you have to unlock the illiquid wealth tied up in your business?
Second In-Person or Virtual Meeting
During this meeting we review your "Big Picture" and answer the above questions. We can explain the different strategies available to address those concerns, and how to start implementing them.
This is where you can start to see the true value financial planning can provide you in dollars and cents.
At the end of the meeting you decide whether or not you would like us to design, implement, and monitor a plan with you.
There is never any pressure to work with us. You are the ultimate driver of your financial success.
Tackling financial planning on your own can be daunting, and is very time consuming.
We understand that your time is your most valuable asset, and our role is to help you keep more of it.
How do we make a living?
By following our 4-step process above, you'll have clarity on what you need to do going forward regardless of whether or not you work with our firm.
You can choose to implement on your own, find a another professional, or have us implement - your choice!
If you decide you would like us to design, implement, and monitor our ideas and strategies:
We will charge a flat financial planning fee based on the complexity of your situation.
- This is the framework we will use to piece together your desired financial future and an investment in yourself.
We charge ongoing clients a quarterly fee based on the investable assets that we manage and implement strategy for on their behalf.
- Since we serve as fiduciaries for our advisory clients, our success is automatically tied to your portfolio’s success.
- If you have questions, you can see your investment returns with our transparent reporting.
No hidden charges or fees. Just full transparency. We like it that way – and we know you will too.
A fiduciary is a professional who is obligated to put clients’ interests ahead of their own. Yes, all advisors at Planable Wealth serve as fiduciaries for advisory clients.
Financial planners/advisors, accountants, and attorneys provide different types of advice that is specific to a particular need.
The advisors at Planable Wealth are not accountants, and not attorneys.
- A licensed tax preparer or accountant is able to complete a client's tax return on their behalf.
- A licensed estate planning attorney can draft a client's health directives, powers of attorney, and trusts.
- A licensed financial advisor can provide investment advice and recommendations.
- A tax preparer typically "looks in the rearview mirror" and prepares your taxes based on the previous year.
- A financial advisor may "look ahead" at potential tax impacts and considerations you may want to plan for in order to help reduce future tax obligations.
When a client engages us to create and implement a financial plan, we design the strategies that address retirement income, investing, future tax planning, and estate planning considerations.
Once we have created these strategies, we will call in the accountants and attorneys to implement their part!
We have the ability to work closely with our client's current professionals, or we can refer to qualified professionals if needed.
Most people think all financial planners are “certified,” but this isn’t true. Just about anyone can use the title “financial planner.” CFP Board benefits the public by independently certifying financial planners.
Although CFP Board does not guarantee their work, CFP® professionals have met rigorous qualifications for financial planning.
Only those who have fulfilled CFP Board’s rigorous requirements can call themselves a CFP® professional.
As part of their certification, CFP® professionals commit to high ethical standards. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can call themselves a CFP® professional.
Working with a CFP® professional can help you find the path in pursuit of your financial goals. Your goals may evolve over the years as a result of shifts in your lifestyle or circumstances such as an inheritance, career change, marriage, house purchase or a growing family.
As you begin to consider how best to manage your financial future, you should feel confident knowing that with a CFP® professional, you’re working with someone who has committed to CFP Board, as part of their certification, that they will act as a fiduciary, and therefore, act in their client’s best interests, at all times when providing ﬁnancial advice to a client.
CFP Board doesn’t guarantee a CFP® professional’s services, but CFP Board may sanction a CFP® professional who does not abide by this commitment.