Budgeting & Planning

How It Works

As Prominent Financial Consultants professionals, you hire us to give you sound financial advice tailored to your needs. For most clients, this starts with a financial plan. The CFP® Board of Standards defines financial planning as “the process of determining whether and how an individual can meet life goals through the proper management of financial resources.” This leads us to the financial planning process:

Step

1

Initial Meeting

Getting started is half the battle! We begin by getting to know each other, seeing if we’re a good fit, and simply introducing you to our financial advice based approach. We’ll answer your questions and develop a tentative timeline of when decisions and services will be complete.

Discovery

What are your goals for this year? Where do you want to be in 10 years? When can you retire? We will discuss your short and long-term goals as well as your financial concerns; we will request the necessary documents to develop a plan for you.

Step

2

Step

3

Financial Plan Design

We get to work! We analyze and evaluate your financial status and work on your behalf to prepare answers to the questions you’ve asked. We may be back to you for more information during the process.

Develop & Present Recommendations

We will use the data you have provided to discuss recommendations that are aligned with your goals and address your concerns. We want to be sure we’ve addressed all your financial priorities and that you feel confident that you are making wise, informed decisions.

Step

4

Step

5

Implement Recommendations

This is where you start taking control of your financial life. Whether it is opening up an investment account or helping you reallocate your portfolio, we can help you implement your financial planning recommendations. You will get a clear and concise outline of what you need to do to accomplish your goals. We will coordinate with related professionals as appropriate.

Monitor & Review

A financial planning engagement is the beginning of a long-term relationship, where your needs and circumstances will inevitably change over time. We monitor progress in achieving your financial goals, meet periodically, and make adjustments as needed.

Step

6

Let's Start Your Financial Journey

Need Financial Assistance?

Fill out the form below to schedule your FREE meeting and together we’ll take your first step toward a better financial future.