Comprehensive Financial Planning
Your life is complex. If you don’t have a comprehensive financial plan guiding your financial decisions, it can be easy to make mistakes. Small mistakes without the benefit of considering the big picture can later compound into difficult situations. We see that often, with high-income earners who have built substantial net worth. Without the right financial plan, it’s easy to veer off course and not end up where you want to be.
At Sucre Vail Wealth Advisors, we work with you to create a financial plan that reflects your values and your goals. While it takes an investment of time, the plan then plays a very important role: it becomes a road map to your ideal life.
A Guiding Plan
With this comprehensive document, it’s much easier to track your progress and make the right day-to-day decisions that support your plan.
We’ll help you define your goals, then we’ll set out to develop your plan. We’ll do modeling and research and come back to you with our findings. Then, once adopted, we’ll use the plan together as a guide going forward. We’ll frequently check in with you to make sure you stay accountable to your own goals. As your life changes, we’ll adjust the plan so it still makes sense.
Stress Reliever
Once in place, you’ll find that this comprehensive financial plan will greatly reduce your financial stress. You’ll always have a roadmap with milestones that show you where you are, and where you’re going.
The Financial Planning Process
We follow an extensive process when preparing your financial plan. It starts with listening to you, and helping you define where you are now and where you want to end up. Then, we’ll get to work determining the action steps required for you to get there.
Our comprehensive financial plan typically includes the following areas:
- Insurance and risk management
- Tax planning
- Cash flow projections
- Retirement planning
- Investment planning and policy
- Estate planning
- College and education planning
- Charitable giving planning
- Employee benefit planning
Our clients generally find the entire process very interesting and enlightening. We’ll do the legwork, but we’ll be asking you a lot of questions throughout the process. It’s a great way to get your spouse or partner involved and up to speed on important matters.
We’ll do stress-testing to make sure you’re prepared for market downturns and life changing events.
Most importantly, this entire process can provide great peace of mind to you and your family, knowing a plan is in place. And in action.