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 Portal

eMoney - your online planning Portal

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 on your phone. 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 Work With 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 guided by the CERTIFIED FINANCIAL PLANNER™ Code of Ethics and Standards of Conduct. While not all of these steps apply to all plans, they present a general overview of how the process will work.

Your First Meeting

At our first meeting, we'll usually discuss the financial planning process, what you would like to accomplish and how, as your CFP® professional, I can help you. We will discuss the services I'll provide you, give you information my background, detail how you will pay for products and services, how I will be compensated, and disclose any conflicts of interest.

Understanding Your Situation

Once we agree to the scope of the financial planning engagement, I'll begin to gather information about your current finances and overall personal circumstances. You might discuss issues such as your risk tolerance and your exposure to longevity, economic, liability and health-care risks. This is the time for your financial planner to get to know all about you.

Setting Your Goals

Now that we have a shared understanding of your situation, it’s time to set your goals. It’s important for us to be on the same page and talk through any assumptions or estimates. You’ll be able to share what’s most important to you.

Analyzing Your Financial Strenghts and Vulnerabilities

We will analyze the strengths and vulnerabilities of your current financial situation and look at possible courses of action. Depending upon your personal circumstances, this includes your cash flow, asset protection, retirement planning, emergency fund and other financial data. The goal is to let you know if you are on track or if you need to make some adjustments.

Developing Recommendations

The next step is for me to develop recommendations to help you meet your goals. This usually involves financial modeling with reasonable assumptions for life expectancy, tax rates and investment returns. It is my responsibility to develop recommendations that are designed to maximize the potential for you to reach your goals. This isn’t just finances: it’s your life, your health, and even planning for future generations.

Presenting Recommendations

The presentation, like the entire process is collaborative. I actively want and need you to provide feedback, ask questions and discuss adjustments to the plan, as we work together to finalize the steps you will take toward reaching your goals. It’s important for you to know the reasons for the recommendations, what assumptions and estimates in your plan, and when you will need to take action to implement your plan.

Putting the Plan into Action

If your planning agreement includes implementation, then will develop tasks lists and an accountability schedule. For the areas that I am handling, I will identify potential actions, products and services, and then make recommendations. Together, we will review these recommendations before we implement them.

Collaborative Monitoring

Financial planning is a collaborative process. If your planning agreement includes monitoring, then together we will review the performance and progress of the plan over time. I will review and discuss the plan progress with you.  Concurrently, you need to let me know about changes in your personal circumstances (such as a change in employment or family status) that may call for adjustments to your plan. I am able provide ongoing support, guidance, and education.