Broker Check

Financial Planning

One of our core beliefs is that financial planning is key to most client relationships. Gaining a thorough understanding of your needs, wants, wishes, and dreams, helps us to apply a disciplined process to develop a plan that is designed to grow and change with your needs and the economic environment. 

We also ask all planning clients to complete a budget that accounts for all spending during the course of a year. Despite some initial reluctance, we have yet to have a client who did not find this to be a valuable experience. This data allows us to help understand how you use your money. It help you become better stewards of your personal capital and often more prolific savers and investors. Additionally, it helps makes you better prepared to deal with any short or long term economic crises that might arise.

To the extent our planning uncovers needs to utilize insurance to manage and transfer risk, Mr. Tasik is licensed to sell life, disability and long term care insurance. 

Our Approach to Planning

We combine cutting edge technology with old fashioned listening skills to help our clients understand what it takes to achieve their financial goal. We do our best to avoid technical jargon and firmly believe that you questions, no matter what they are, are the most important issues we can address.

eMoney - your online planning hub

Financial plans are typically built using the eMoney Advisor platform. eMoney is a dashboard-based, digital wealth management portal that allows you to take control of your financial life and can be accessed on a computer and via a mobile app. eMoney allows you to see a consolidated view of almost everything your own and owe, updated daily. You are have access to a secure document vault to keep your most valuable financial records and other documents safe and accessible.

To learn more about eMoney, please click the play button below if the video does not automatically start.

What Topics do Typical Financial Plans Cover?

There are various areas of your financial life that can benefit from planning. In addition to providing comprehensive financial plans that will review budgeting, retirement, education funding, estate plans, insurance and risk management and social security optimization we can also provide modular planning that focuses on any one of these areas.

A plan may include analysis from any of the following areas that apply to your specific situation, goals and needs.

  • Understanding your Feeling About Investment Risk
  • Cash Flow & Budgeting
  • Retirement Accumulation and Distribution Strategies
  • Estate Planning
  • Asset Allocation Analysis
  • Education Planning
  • Risk Management and Insurance Analysis (Life, Disability, Long Term Care)

Why choose a CERTIFIED FINANCIAL PLANNER™ professional?

The Certified Financial Planner Board of Standards website that explains the value and importance of working with a CERTIFIED FINANCIAL PLANNER™ professional. Please click here to visit their site.

The Financial Planning Process

as Defined by the CERTIFIED FINANCIAL PLANNER™ Code of Ethics and Standards of Conduct

1. Understanding the Client's Personal and Financial Circumstances

We work with you to gather qualitative and quantitative information so we can accurately assess your personal and financial circumstances.

2. Identifying and Selecting Goals

We take the time to listen, ask and listen again so that we have a clear understanding of you. We will ask questions that seek to understand what you need today, dream about tomorrow and want to leave as a legacy to your heirs and to those causes that are especially meaningful to you.

3. Analyzing the Client's Current Course of Action and Potential Alternative Course(s) of Action

Tasik Financial gathers as much data as possible about your present financial situation. We come to an understanding of your feelings about money and investment risk, the other risks you face, the tools and resources you currently have in place, your tax status and any future changes you might anticipate. It is through this process that we can construct a client profile that guides the process.

4. Developing the Financial Planning Recommendation(s)

We work to bring all the data together into an understandable plan that both assess your current situation and determines the changes necessary to meet your goals. We will discuss timing and priority of our recommendations and how they are implemented. When necessary we also turn to outside experts to coordinate this process.

5. Presenting the Financial Planning Recommendation(s)

We will present you with a financial plan that considers all of our knowledge about you and the data you have provided. The plan will highlight what we believe to be the most appropriate strategies for you to achieve your goals. Our plan may include recommendations on budgeting, risk management & mitigation, estate and end of life planning, investments, education planning, debt management and other areas of focus specific to your needs.

6. Implementing the Financial Planning Recommendation(s)

Once we reach an agreed upon plan we will, with your permission, begin its implementation. While we believe that clients are best served by a single advisor who has the expertise to utilize the resources to effectively implement all facets of the plan you are under no obligation to have us implement the recommendations we make.

7. Monitoring Progress and Updating

If mutually agreed, we will monitor your plan in the face of changes both in your life and in the economic environment. Tasik Financial believes strongly in disciplined, long term investment strategies and will work with you to monitor your plan to help you pursue your goals.