The Mission
Your money, your life My objective is to help you make the most out of both. Figuring out where you are, where you want to go, and how you are going to get there is an ever changing process. Having someone by your side, as an independent, but informed guide can be a tremendous asset. Whether that is me, or someone else, I highly recommend you partner up to make sure you avoid common pitfalls and take advantage of key opportunities to establish and achieve your goals. The objective: To establish a plan for your money which optimizes your most valuable, non-renewable resource--- time--- in order to maximize your contentment today, and for the rest of your life.
Assess-Address-Audit These are the three processes every financial advisor goes through with each client. To start we must figure out where you are, and where you want to go in the next 5, 10, 20 years and beyond. Only then can I help you formulate a plan, and necessarily update that plan regularly as life happens.
Formative Assessment While educators may cringe when they read this EdSpeaktopian word, it is quite appropriate for establishing financial fitness. Identifying areas of concern, and acknowledging opportunities are keys to developing a successful approach going forward. While much of the work to be done has nothing to do with the numbers--- behavior, (mis)perceptions, and assumptions play a huge role in our financial fitness--- there is no avoiding the cold reality of finance. We need the numbers to get started.
Documentation Formative Assessment: Gathering the Data, a guide to help you cull the numbers from your various accounts and files. Do not worry if you do not have, cannot find, or do not understand several items on this list--- that is part of the diagnostic process, and to be expected. Gather what you can before we meet. The goal is to paint the clearest picture possible of your current financial status. Your financial status is only one aspect of “Financial Fitness,” but it is important, just as your circulatory system is essential to understanding the health of your heart and mind.
Visualization Personal Capital (now Empower) I have no vested interest in nor do I benefit in any way from this resource. I simply find it the most robust, user friendly, FREE, online financial planning tool. Consider checking it out and linking your accounts before we meet. We can discuss this and other options which you may already be using to manage your finances at our first official meeting. Here is an instructional video that shows how to use this resource.
I look forward to meeting with you!
David
(919) 423-3656