Our trademarked 13 7 freedom™ process

At Haycraft Wealth Management, we employ our 13 7 Freedom™ process for those seeking a disciplined, thorough and comprehensive approach to managing their wealth.

The “13” represents the range of wealth management issues we focus on to help maintain clear financial health as we employ the Certified Wealth Strategist^® (CWS^®) processes with Cannon^© Institute guidance. The “7” represents the seven-step CFP^® Board of Standards process.

We begin the process with a four-step interview to fully understand your current financial situation, future goals, and feelings regarding risk tolerance and market conditions, as well as any family dynamics that could affect financial decisions. We identify gaps or issues or, at a minimum, let you know your financial health is satisfactory.

Together with Raymond James, we are the custodian and primary source of research and investment due diligence. We utilize third-party resources such as Value Line, Morningstar and Goldman Sachs for investment ideas, analysis and research opinions. We use a modern portfolio theory approach to select investments and professional money managers to build portfolios to suit each client’s particular needs and risk tolerance.

We provide customized reporting that allows you to see the progress of your entire portfolio. Your dynamic asset allocation is reviewed to attempt to avoid overlap and conflicts. Asset allocation is rebalanced according to an investment policy agreement that has clearly stated objectives.

13 WEALTH MANAGEMENT ISSUES – QUESTIONNAIRE

We address all of these wealth management issues:

1. Investment Planning
2. Insurance Planning & Risk Management
3. Banking & Credit Management
4. Retirement Planning
5. Executive Compensation
6. Business Succession Planning
7. Planning for Incapacity
8. Education & Family Support
9. Charitable Giving
10. Titling & Beneficiary Designations
11. Executor/Trustee Selection Issues
12. Distribution of Estate
13. Tax Planning

SEVEN-STEP CFP^® BOARD OF STANDARDS PROCESS

We follow this comprehensive financial planning process established by the CFP^® Board:

1. Understanding the client’s personal and financial circumstances
2. Identifying and selecting goals
3. Analyzing the client’s current course of action and potential alternative course(s) of action
4. Developing the financial planning recommendation(s)
5. Presenting the financial planning recommendation(s)
6. Implementing the financial planning recommendation(s)
7. Managing progress and updating