Financial Planning

Our Financial Plans provide a clear, holistic, and objective view of your current financial situation as it relates to your goals. It also provides the variables to monitor as you work towards your goals.

We focus on what’s important to you. There is no one-size-fits-all plan. Depending on your specific circumstances and stage in life, you may have different financial priorities and concerns.

Financial Plans typically cover:

  • cash flow
  • tax planning
  • risk management
  • retirement planning
  • investment planning
  • estate planning

However, Financial Plans can be customized according to your specific priorities and life circumstances. For example, you may want to focus on funding the education of your five kids, or on working towards purchasing your own house, or retiring early by age forty.

There is an old saying that “if you don’t know where you are going, any road will get you there.” Putting a plan to paper greatly increases your odds of achieving your financial goals, no matter what they are.

As Your Life Changes, So Might Your Financial Plan.

Life brings changes, and financial planning is an ongoing exercise of monitoring and adapting to those changing conditions.

If you are a Wealth Management client, we oversee your financial planning progress and meet with you regularly to help keep you on track, or to make adjustments as necessary.

If you choose to engage us as a one-time service to create your Financial Plan, you are always welcome to revisit your Plan with us, and we can review and adjust as you require. This service may result in an hourly or additional fee , but please contact us to inquire.

How Do I Prepare for a Financial Plan?

Our very first step is to listen to you, and to establish a clear understanding of what is most important to you and what you want your financial future to look like.

Once you feel that TFG comprehends your goals and you have engaged us to create your Plan, our financial planners will equip you with a list of data and documents that will be needed. This may include, but is not limited to:

  • tax returns
  • bank account statements
  • investment account statements
  • employee benefit (401k, 403b, etc.) account statements
  • mortgage statement
  • debt and loan statements (student, auto, personal, credit card, etc.)
  • insurance statements
  • health care expenses
  • pay stubs
  • cash flow details
  • budget items and expenses

When all the data gathering is complete (which may entail a few additional meetings or phone calls), our planners will assess, assemble, and present your Financial Plan.

It may seem daunting at first, but the result of having a “roadmap to your financial goals” is worth the paperwork! Our skilled and friendly team will walk you through every step of this important process, and we are always available to answer your questions.

Are we a good fit for you?