CAPSTONE Plan™
Comprehensive Financial Planning
Comprehensive Financial Planning begins with an in-depth discussion of values, hopes, dreams and fears. Upon establishing a qualitative framework for the client, data is collected to help the planner in understanding the client’s income, expenses, assets, liabilities, insurance and estate plan. Next, that information is analyzed and the planner can offer recommendations about how best to prioritize client resources to achieve the objectives that have been identified. Once agreement is reached between planner and client, those recommendations can be implemented and monitored. While Comprehensive Financial Planning involves more work at inception, the client should plan on annual meetings with the planner to revisit assumptions and ensure that the appropriate steps continue to be taken to achieve the stated goals. Comprehensive Financial Planning is a process, not an event, and one that can greatly clarify objectives and establish concrete steps to achieve them.
Module-Based Financial Planning
Module-based Financial Planning allows clients who may not presently require a Comprehensive Plan to address specific areas of concern.
Retirement Income Planning
How much is enough? Retirement Income Planning can assist in answering that question and identifying the steps required today to achieve the future a client desires.
Insurance Planning
Assessing what risks should be out-sourced to an insurer is critical in ensuring the well-being of a client’s financial stability. Insurance planning includes a review of all current coverage held by a client (with the exception of auto and health) with the objective of identifying gaps in coverage that should be filled, or unnecessary coverage that should be eliminated.
Education Planning
Planning for higher education costs for yourself or a loved-one is no easy task. There are a myriad of variables to consider and the changing landscape of higher education itself adds even more uncertainty. Education Planning can help in identifying goals and values and how best to work towards them given the resources available.
Estate Planning
Estate Planning is perhaps the most oft overlooked and most critical component of anyone’s financial life. Having appropriate documentation and titling in place to protect a client’s interests in the event of death or disability is essential. In this process the planner will help in identifying the desires of the client and ensuring that the proper legal structures are in place to accomplish those objectives.
Transaction Consultation
Considering refinancing a home? Purchasing property? Paying off debt? Thinking about loaning a friend or family member money? There are a variety of transactions that we as consumers engage in that can have big implications on our wallet and our relationships. With Transaction Consultation the planner will focus on the specific question at hand and offer unbiased recommendations as to the strengths and weaknesses of the courses of action presented. You don’t have to be alone in making these decisions and can leverage the experience of a professional in charting your course.
