How it Works
Here is what to expect from working with us.
Our ongoing Comprehensive Financial Planning relationship is divided into two phases. Phase 1 takes place over the course of our first year working together. Phase 2 is for subsequent years.
Phase 1 – Initial Plan Development
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1
Introduction and Discovery Call
30 minute complementary call to learn more about each other and determine fit.
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2
Transparent Agreement
30 minute call to review engagement letter, mutual responsibilities and begin our working relationship.
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3
Data Organization
You gain access to your secure personalized dashboard, and we collate and organize the data that we need.
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4
Data Review
30 minute meeting to review the data that we have, to ensure accuracy and completeness before beginning our analysis.
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5
Foundation Setting
60 minute call to clarify your goals, any challenges keeping you up at night, and areas of opportunity.
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6
Plan Development
We perform a thorough analysis and translate the information you have provided into a clear action plan.
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7
Plan Presentation
One to three 60 minute meetings, during which we share our findings, recommendations and to-do items. The topics covered and their order depend on your unique financial situation.
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8
Implementation and Monitoring
We provide you with a summary of each meeting, including clear and succinct to-do items. We monitor progress as your accountability partner, and support you as needed.
Phase 2 – Ongoing Care
The second phase of our relationship is where we focus on being proactive and intentional about your finances.
Your financial plan will continue to evolve as; your goals change, you go through transitions and make major life decisions.
It is far cheaper and easier to avoid financial mistakes than it is to correct course after the mistakes have already been made. This is one of the benefits of our ongoing relationship.
- unlimited email support to answer your financial questions
- meetings and check-in calls as needed
- annual goals and objectives review
- annual plan updates
- debt management (if applicable)
- education planning (if applicable)
- employee benefits optimization (if applicable)
- income tax planning
- investment plan monitoring/implementation
- risk management review
- estate planning review
- life transitions planning
- modeling unlimited “what-if” scenarios
- assistance with implementation of recommendations
- unlimited access to client dashboard
- ongoing communication from Lucre Advisory about relevant financial topics
