I've decided to become a client. What comes next?
Navigating Your Financial Journey: From Discovery to Success
Embarking on a partnership with a financial fiduciary is a transformative step toward your financial security. We are often asked about the process of becoming a client. Here is the process:
Step 1: The Discovery Meeting – Unveiling your Personal Economic Values
Our journey begins with a personal discovery meeting, where we learn about your values and goals, and you can ask what’s most important to you. This conversation is where we discover if our relationship best fits both of us and where we get to know each other more deeply; an opportunity to explore your aspirations, Personal Economic Values (PEV), and unique financial circumstances. We uncover what truly matters to you and establish a solid foundation for a customized financial roadmap.
Step 2: Investment Strategy Development – Crafting Your Blueprint
Armed with the insights from our discovery meeting, we head back to our drafting tables and craft an Investment Policy Statement by carefully analyzing your PEVs, risk appetite and capacity, and goals. This step may include financial projections and other aspects of financial planning.
Step 3: Documentation and Deployment – Implementation is Critical
Our team will develop all the documentation to establish each account required to execute your strategy and the paperwork to transfer your assets in-kind to ensure a seamless transition. Documents can be signed in our office in person, mailed to your home with a stamped return envelope, or electronically delivered for your e-signature.
Step 4: Transferring Assets – Empowering Control
Transferring your assets, preserved as the securities you currently hold during the transfer, can take a few days or sometimes as long as a few weeks, depending on where you maintain them. Our office manages the entire transfer process and will confirm with you once your assets have reached your new account. We will ask you to provide your final transfer statement so that we can credit you with the standard administrative transfer fees charged by your former investment firm.
Step 5: Carefully Aligning Assets – An Art of Precision
Once your assets are secured, we then carefully transition your assets to align with the specific strategy laid out in your Investment Policy. The transfer may be relatively quick or take time, depending on market conditions and the securities themselves.
Step 6: Implementing Stages and Periodic Measurement – Navigating Progress
With your investment strategy in place, we embark on a journey of progress and growth. We assign plans, goals, and key inflection points to your contact management to ensure stewardship and wealth accumulation align with your objectives. We recommend limiting the frequency that you follow market conditions and that you consider reviewing your portfolio no more than annually to help limit the impact of bias on your investment decisions. We understand, however, that initially, you may prefer to watch the new investment management process and have provided online updates daily if necessary. We are also available to discuss your plan or asset management.
Step 7: Ongoing Reporting and Strategy Management – Nurturing Your Success
Your financial journey is an ongoing partnership. We provide transparent and comprehensive reporting that informs you about your progress and investment returns. We also recognize that your needs may change and consider your strategy to be an evolution of your life. We request that you keep us informed of any changes in your life or objectives and encourage you to prevail on us when considering any financial decision, even when if it doesn’t directly relate to the investment assets that we manage. We are financial experts, your fiduciary, and we are here to guide any aspect of your financial future that is important to you.
If this path is right for you, we encourage you to contact us to take the first step, a Discovery Meeting. We welcome the opportunity to discuss your needs.
