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Financial Planning Based on Your Individual Need

The financial planning journey begins when you identify areas requiring assistance. During our initial conversation, we ask some questions. After our initial conversation, we jointly decide on continuing to the next step.

You do not need to be an investment management client with us to take advantage of this service.

We ask that you complete a questionnaire and spending worksheet prior to our first meeting. Once received, we set a date for the “get acquainted” meeting –  offered at no charge. We will provide an updated estimate of the cost of the project at the end of the meeting. A written proposal of the project outlining the plan output will be sent with a list of additional documents we may need to prepare the plan.

Financial Planning areas might include but are not limited to:

  • Financial Goal setting and monitoring – assistance identifying setting future goals and monitoring your progress
  • Personal Financial Statement – gain a grasp on your income, expenses, assets and debts. Use it as a baseline for tracking your progress.
  • Savings, Spending and Emergency Fund – review your spending and savings pattern to identify how you might be more efficient saving for the future; identify what you should have in reserve “just in case” you need money unexpectedly or quickly.
  • Workplace benefits – there are lots of choices; which ones are the most applicable to you? If you are a two-person household, whose plan might be better?
  • Employer Retirement Plan Review – suppose there are three pages of choices for your employer plan; which ones might be best for you? How do you coordinate it with your spouse/partner’s plan?
  • Education Planning – how much should you be saving and in what types of accounts?
  • Risk Management and Insurance Review – which types of insurance should you have and for how much? Does what you have seem adequate?
  • Investment Review with Asset Allocation Recommendations – you might want help reviewing and analyzing your multiple accounts to provide a global overview. Are they appropriate based on your financial goals?
  • Retirement/Transition Planning – Are you on track saving for retirement? How do you “pay yourself” once in retirement? (See Retirement Coaching for non-economic issues in retirement).
  • Social Security & Pension Review & Recommendations – What strategy is best for collecting your benefits given your financial circumstances?
  • Estate Planning – Do you have an estate plan? Is it set up the way you want? Do you have the right beneficiaries on the right accounts?

Implementation Assistance Services

Included in your financial plan will be a list of Next Steps to implement the alternatives you select. Financial Connections has a vested interest in your success implementing your plan. Not everyone is comfortable executing the plan on their own. If you would like us to help, let us know and we will quote you a fixed fee for assistance.

Concierge Financial Planning Services

Financial Connections can fill the role of your chief financial consultant. Finances cover a range of professions. We can serve as the conduit to help keep the activities moving in the same direction toward the goals in your financial plan.

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HOW WE DO IT

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ABOUT FEE-ONLY SERVICES

No Hidden Costs. No Referral Fees. No Commissions.

As a fiduciary, we put our clients' interests first. Our compensation comes exclusively from you. If we don't directly provide a particular service, we can serve as a resource for referrals to other professionals.

Download the fee schedule Download Disclosure Form ADV Part 2