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
