Comprehensive Financial Planning
Comprehensive financial planning involves the detailed review and analysis of all facets of your financial situation including cash flow analysis, retirement planning, risk management, investment management, tax management and estate preservation planning. It is only through comprehensive
analysis that your true financial condition can be determined and the proper plan can be recommended. Any financial advisor or planner providing recommendations without addressing all of these aspects for you or your business may resulting unsuitable recommendations.
Define your objectives
The initial step in developing a well thought out financial plan is to first define your objectives. At Summit Pointe Financial, we start by getting a clear understanding of your situation – where you are – and your objectives –where you want to be. Once defined, these objectives will determine
the specific strategies, tactics, and financial instruments required to address some of the specific components of a comprehensive financial plan such as:
Estate preservation planning
Protection of assets and income
Analyze your present situation
Analysis of your present situation will help determine whether or not you are on target to meet your objectives. The accurate integration of quantitative information as it relates to clearly defined objectives, concerns, risk tolerance and available resources will uncover any
existing shortfalls or surpluses, followed by a review of options and alternatives that will provide for the development of a more effective, accurate, and attainable comprehensive plan.
Develop your plan
Once we identify the options and strategies best suited to meet your goals we review the benefits and potential risks associated with each to provide you with a clear understanding of the differences associated with each plan. We then refine the options to develop a customized plan that best
meets your needs as they relate to the components referenced above.
Implement your strategy
Once the investment strategy is defined, we walk through every step in the evaluation and selection of the financial institutions and the myriad of banking, insurance, and investment vehicles offered in today’s market.
Monitor your results
We recognize that over time circumstances may change in such areas as work, marriage, education, health, and retirement planning. Additionally, economic conditions may require us to revisit the initial plan. For these reasons, regular consultations to discuss changes and make any needed
adjustments to the plan are a must. Client meetings are conducted on regularly scheduled occurrences as well as on an as needed basis. We provide continuous education for clients on applicable tax strategies, investment alternatives and financial planning concepts via statements, portfolio performance, quarterly
newsletters and other market information.
Long term financial success does not happen by accident nor will it happen on its own. It requires customized planning and frequent review that only comes from the services of a competent and uncomplicated advisory firm. Contact us to schedule a free, no
obligation introductory consultation. It's your family. It’s your money. It’s your future.