Here’s what to expect when you meet with a financial planner.
STEP 1: ASSESS YOUR FINANCIAL HEALTH
Clarify your present financial health by collecting and assessing all relevant data including information on assets, tax returns, insurance policies, pension plans, and all other financial data.
STEP 2: IDENTIFY GOALS
Formulate your financial goals.
STEP 3: IDENTIFY BARRIERS
Identify barriers or problems that will interfere with reaching your financial goals.
STEP 4: RECOMMENDATIONS
Present recommendations and solutions for reaching your goals.
STEP 5: IMPLEMENTATION
Assist you in implementing the right strategy to reach your financial goals.
STEP 6: REVIEW
Review and revise your plan as needed to ensure that you achieve your goals.