Simple Financial Planning Process
Step One: Preliminary Planning Meeting
During Your Meeting
- Review Financial Planning Questions
- Review SEC Advisory Disclosure Information
- Review Data You Provided Us
- Review Preliminary Planning Reports:
- Personal Financial Statement
- Cash Flow Analysis
- Tax Analysis
- Answer Questions
- Make Recommendations
CLIENT
- Provides preliminary data one week before meeting (see financial planning checklist)
- Brings written questions to be answered during the meeting
- Signs financial planning contract
- Acknowledges receipt of documentation required by the Securities and Exchange Commission (SEC)
Step Two: Implementation Meeting
Troy Smith
- Reviews notes from first meeting with client
- Answers any additional questions
- Assists in helping implement recommendations if requested by client
CLIENT
- Reads notes that were dictated by financial planner after the first meeting, transcribed, and mailed to client
- Makes sure recommendations are implemented
