Preparing the Plan
Discovery Interview - Identify your financial objectives and explain the planning process in detail to include how we are compensated.
Data Gathering- Review questionnaire and prioritize goals.
Specialist Meeting - Meeting with your other advisors (if needed) without client to review current situation and determine appropriate strategies. This can be an important step to ensure your attorney, CPA, TPA, or other advisors are working for you in a concerted effort.
Plan Review - Review the draft plan to confirm the accuracy of information and validate the results.
Plan Delivery - Deliver final plan.
Post Plan Delivery*
Specialist Implementation - Coordinate implementation of specialists according to your priorities.
Implementation** - Implement financial strategies with appropriate financial products. Review compensation options and determine the most appropriate option for your situation.
Review***- Review and update the plan periodically.
*Post Plan Delivery
The producer's relationship with the client during post-plan delivery is as a reigstered representative and not as a fee-based financial planner.
The client is free to implement the plan recommendations with whomever he or she chooses.
Periodic reviews or updates require a new agreement and may be subject to additional fees.