Broker Check

Wealth Management Process

Define Client Objectives & Scope of Client Needs

  • Discuss Coonrod Financial Group planning and our combined commitment and vision
  • Share ideas and discuss generational planning
  • Team discussion to confirm both parties wish to proceed with the financial planning process
  • Discuss our fee

Collect Information

  • Assets
  • Liabilities
  • Pensions
  • Protection planning
  • Tax strategies
  • Thorough evaluation of client information
  • Discuss follow up during data input and additional questions phase

Initial Planning Presentation

  • Analyze and evaluate all client information
  • Determine needs or weaknesses
  • Discuss retirement income needs in further depth
  • Client response to options and introductory plan presented
  • Provide client options for better planning tools, if needed

Delivery of Plan to Client

  • Final review of updated data
  • Implement any changes that have been recommended
  • Discuss asset placement and management
  • Complete all required paperwork for implementation

Ongoing Reviews & Revisions

  • Continue to update any major financial changes
  • Establish periodic review preferences of client