Financial Planning
Each person seems to define “financial planning” differently. Financial planning is both an art and a science. The science part is about the numbers, generating reports and analyzing data. The artistic side of financial planning is all about listening and bringing the pieces of your situation together to create a portrait that resembles you as closely as possible.
The best financial decisions are made from a place of understanding based in fact. All too often our emotions get into the mix and we have the potential to make decisions that are not in our best long-term interests.
How do we get to a place of confidence? The advisors at Compass know that education can lead to confidence. Our philosophy is all about learning together so you can make positive financial decisions for you and your family. We will not make decisions for you and then talk you into our recommendation, without first understanding your situation. We listen, then we listen again, and finally we listen some more. This takes time, but it is better to relax into a decision that is right for you than it is to urgently grasp at a decision out of thin air.
Every plan we assemble is unique to each client, from the reports and tools used to illustrate your situation to the personalized recommendations that make the plan practical to your life and circumstances. A holistic perspective produces decisions that fit the multidimensional lives we all lead.
A financial plan should include but is not limited to:
- Net Worth Analysis
- Estate Planning
- Education Planning
- Cash Flow Management Techniques
- Retirement Income Planning
- Insurance and Risk Analysis
- Investment Evaluation and Strategy
Financial products are also important to pursuing your objectives. As independent advisors, we are able to search the full universe of product vendors to find the best fit for each client’s needs. Implementation of your investment plan through Compass is preferred, but never required.