Typical Client Process

Meeting 1: Establish Relationship, Gather Data & Establish Goals

Introductions of advisor and client
Discuss the length & scope of the relationship
Outline advisor expectations & responsibilities
Outline client expectations & responsibilities
Determine primary goals, objectives & concerns
Gather information for the plan
Documents such as tax returns, wills, trusts, investment account statements, pay stubs, and insurance policies may be needed to complete a full analysis. Gathering this data can (and usually does) continue after the first meeting.
Expected Time Commitment: 60-90 minutes

Advisor Only: Analyze & Evaluate Data ; Develop Financial Plan & Recommendations

Meeting 2: Recommendation Meeting

Advisor presents recommendations to client
Meeting is very information rich and broad in nature
Plan addresses client objectives, current situations, and solutions for accomplishing financial goals.
Advisor encourages client to take time to digest all of this information and review at home prior to making any decisions.
Expected Time Commitment: 90 minutes

Meeting 3: Further, More Detailed Explanation of Recommendations

Advisor provides more detail on each recommendation
Advisor educates client on each recommendation and answers any questions or concerns the client may have.
Expected Time Commitment: 60 minutes

Meeting 4: Implementation Meetings

If client chooses to implement some or all of the adviser’s recommendations, appropriate paperwork will be completed.
Expected Time Commitment: 60 minutes

Meeting 5: Delivery of Policies, Contracts, Transaction Confirmations

Ongoing: Quarterly/ Semi-Annual/ Annual Reviews (client preference)