Financial Planning

Creating a financial plan allows businesses and families to work with a financial advisor to create a plan and achieve financial goals and objectives in areas like taxes, retirement, investing and more. This plan includes setting an obtainable goal with an advisor that meets the needs of you and family, then laying out the necessary steps to reach it in a certain amount of time. Some of these goals could include paying for a child’s education or saving money for retirement. There is a benefit to have a planner or advisor that is focused on you and what you want to achieve.

What is the Difference Between a Financial Advisor and Financial Planner?

Financial Advisors are professionals who evaluate current financial states and set achievable goals for the clients. A financial planner is similar to an advisor and will do the same tasks for clients, except a planner has gone through training to receive a certification.

Develop Financial Success

The desired result of financial planning is to achieve financial success. For each client, success will look different depending on their careers, debts, investments, etc. A planner or advisor will assist clients by walking them through these steps.

  • Establish Current Financial Situation

Identify the Method and Create a Plan

  • Develop Goals

Goals are a crucial step of financial planning as this is where needs and wants are separated. During this process, the client will work with the professional to adjust goals to be attainable and realistic. What can the client achieve? This step is one of the most excited as many clients are not aware of all of their opportunities.

  • Identify the Method and Create a Plan

Many people have an easy time identifying their goals, but are lost when it comes to how to achieve them. This step is where the advisors and planners assist with identifying how a client can achieve their goal. What actions need to change? Does the client need to be investing more of their paycheck? Do costs need to be cut? By following these suggestions, financial success is not only possible, but assured.

Financial Planning does not stop after one meeting. Advisors and planners are here to help you every step of the way. Lifestyles and job positions are continuously changing and therefore our plans need to be flexible to fit. In the same way that people visit the doctor to receive a check-up, our finances need to be checked on as well!

Many people shy away from financial planning as it can feel daunting and often overwhelming. We are committed to helping our clients every step of the way to ensure they are confident in their finances and prepared to meet their goals.