DISCOVER: The discovery process begins with an understanding of our client's beliefs, values and goals about money. Discovery will help us determine the following:
What are the predicaments, problems and challenges ("PPC") with your present financial position?
Can the PPC's be corrected or minimized?
Do you want the PPC's corrected or minimized?
Do you want us to help you uncover some of these challenges and develop strategies for improvement?
"What we think of as the moment of discovery is really the discovery of the right question." Jonas Salk
Our role is to ask the right questions!
EDUCATE: Many of our beliefs about money are passed to us from multiple sources. The origination of the information is not important, but the validity and accuracy is paramount. Information from all sources is available to us with the push of a button. Is the information accurate and can it be verified?
Our role is to separate fact from opinion and educate our clients about money and how it works!
ANALYZE: We take the information from the discovery process and put it into a format and model that simplifies the material, and is easy to follow and comprehend.
Our role is to assemble the mountain of information and put it into a format that works for our client!
STRATEGIZE: The financial world is filled with people and institutions touting that their product is superior to their competitors. There are many good financial institutions and financial products. There are no perfect products. Financial success is determined by developing strategies that focus on a process, not a product. Strategies need to be developed to handle both expected and unexpected events. They must work under all conditions, regardless of economic or political conditions. Once the strategies are in place then the products can be chosen that align with the course of action.
Our role is to take our knowledge, apply it, and develop successful strategies that make our clients' money more efficient!
VERIFY: Opinions without documentation are only opinions. Verification of accuracy is required on all strategies proposed.
"Trust but verify." Ronald Reagan
Our role is to provide supporting documentation on all of the strategies we recommend!
IMPLEMENT: Taking action is a key component. Research shows that about 80% of all plans are never implemented. The main reason is that the plans are long and complex focusing only on statistics rather than concepts.
Our role is to make sure the plan is easy to understand and implement, and assist with implementation!
MONITOR: Our world is moving and changing at an incredibly fast rate. It is important that our strategies are monitored on a regular basis to insure changes are made as necessary to keep pace with our changing lives.
Our role is to monitor our client's progress so they can keep pace with a fast paced world and their changing lives!