Our first step with potential clients is discussing whether we would make a good fit.
Financial Designs specializes in serving those who are preparing for retirement or who are retired and who have at least $500,000 to invest.
Then there is the cultural fit. Our job as we see it is not to make clients rich quick through investing their money in the stock market. Our job is to preserve their wealth and to make sure it enables them to meet their goals over the course of their lives.
Once we have agreed to work together, our client relationships follow a consistent process:
- We explain exactly what we do, how we are paid, and what our responsibilities - and yours - will be.
- We gather information about your financial situation and your goals, both personal and financial. We discuss the time frame in which you envision results and discuss your comfort level with risk.
- We analyze and evaluate your financial status, determining what you must do to reach your goals.
- We present financial planning recommendations aimed at meeting your goals. We explain our recommendations clearly and listen to any concerns you may have, revising the plan when necessary.
- We implement the financial planning recommendations. Depending on the task, we may carry out the recommendations ourselves, or we may coordinate the process with you and other professionals such as attorneys or CPA's.
- We monitor your progress towards your goals, regularly reviewing your situation with you and adjusting our recommendations, if needed, as your life changes.