OUR 6-STEP PROGRAM
Envisioneering™ Financial Life Planning
We believe that holistic financial planning should be accessible to people of all incomes. That’s why we developed the Envisioneering™ Financial Life Planning process. We’ll clarify both your ‘why’ — values, goals, relationships, money mindset — and your ‘what’ — income, expenses, assets, and liabilities. Then, we’ll develop the ‘how’ — through a six-step planning process that will put a successful financial plan into motion to help you achieve your financial goals.
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01. Visualize
We’ll discuss your opinions on money and what matters to you, what concerns you have, and what you can achieve with your resources.
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02. Organize
In this step, we’ll organize your personal and family information in one place to understand what resources you have to work with.
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03. Analyze
Once we know what you want and review what you need, we’ll evaluate where you are relative to your goals and develop your planning options. Once we know what you want and review what you need, we’ll evaluate where you are relative to your goals and develop your planning options.
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04. Optimize
If appropriate, we’ll explore ways we fine tune your tax planning, estate planning, insurance planning, social security income, and retirement planning to help further enhance your wealth.
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05. Activize
Your action plan is based on your goals and now is the time we implement your plan’s recommendations — debt payoff; student loan repayment; employee benefits choices; what private insurances you should have; systematic savings plans, 401(k), IRA, 529 plans; health savings accounts; and changes or tweaks to your investments.
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06. Modernize
Your financial situation is monitored to ensure that you know where you are relative to achieving your goals. You’ll have a digital portal that allows you and your advisor to see the details of your financial situation. Scheduled reviews allow us to reassess and update the plan as opportunities and changing lifestyle transitions dictate.
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INITIAL ENGAGEMENT
4-6 meetings | 3-6 months
In the first year, we typically have more work to do. Our pricing is based upon the complexity of your situation, with a $1,200 minimum. Some of the factors that affect complexity include marital status, amount of and types of income, retirement income based on income replacement percentages or specified income, number of and types of assets, number of children, health, and financial literacy (i.e. retirement, risk, employee benefits).
Our six-step process is delivered in four or five meetings (graphic shows 5 meeting) that are usually completed in six months. The initial engagement price that your advisor determines will be divided into 4 or 5 payments corresponding to your meeting track. This allows you to control the payment timeline. The first meeting in the process, Visualize, is complimentary.
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ONGOING PARTNERSHIP
Quarterly meetings | cancel anytime
After the initial engagement is over, most of our clients continue to work with us on an ongoing basis. Invariably there are changes to your life such as getting married, changing jobs, inheriting assets, buying a house, or the birth of a child.
We use a structured approach after the inaugural year where we look at your progress in your savings towards your goals, your tax situation from a tax planning perspective, your investible assets no matter whether or not we manage them.
Often we discover thousands of dollars that may have been left on the table because of a lack of understanding or time. In these future years, we allow you to pay your fee monthly which will depend upon your circumstance.
The first discovery meeting is offered complimentary to you, with no commitment. Request to be paired with a financial advisor, today!
Fixed Fee Financial Planning
Certain elements of financial planning may not require an ongoing relationship, or may be supplemental to your ongoing planning relationship with us. We have provided examples of our standard fees for many common one-time services. In some cases, your prices may differ based on the complexity of your situation.
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DEBT MANAGEMENT & BUDGETING
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Simple
$400 / household
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Intermediate
$800 / household
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Complex
$1600 / household
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COLLEGE FUNDING & STUDENT LOAN REPAYMENT
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College Savings Planning
$1,200 / child
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College Cost Analyzer
$2,400 / child
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In College Payer
$2,400 / person
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Student Loan & Repayment
$2,400 / person
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RETIREMENT PLANNING
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Retirement Accumulation Planning
$1,200
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Retirement Savings, Allocation, Time (SAT)
$400 / person
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Workplace Retirement Plan Investment
$800 / person
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Retirement Income Planning
Starts at $2,400
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DIVORCE FINANCIAL ANALYSIS
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Simple
$800
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Intermediate
$3,000
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Complex
$6,000
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Don’t see the service you need? Please contact us for pricing.
