BUILDING A FINANCIAL PLAN tailored specifically to you
Our personalized client onboarding process provides a strong foundation for establishing and building a long-term professional relationship. Here are the steps we follow to help ensure all bases are covered, all details are addressed and all parties are on the same page.
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We meet either in our offices, or via a Zoom meeting online or conference call to get to know one another and to understand your financial situation, identify goals, and determine if we are a good fit mutually for working together.
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This is the meeting (virtual or in person) where we gather all relevant documents. We will look to further talk about your specific goals, learn about your investment experience and risk tolerance and understand your needs. We will give you an overview of our investment approach and explain what you can expect when working with us.
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After conducting our analysis, we will share our evaluation of your current investments. We will further discuss our investment process and our compensation for services provided. Following this meeting, you will be provided with our specific recommendation for a course of action.
One of the reasons we mainly recommend individual stocks is because we can help to better control the tax liability and keep expenses down. We do also use exchange traded funds (ETFs) in some instances. In any case, you will always know exactly what you own and the costs.
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Once we mutually agree that a fit is appropriate to commence a relationship, we will begin the onboarding process. Our service team will handle the details of transferring accounts and initiating new account agreements. Once your new accounts are established, we will work with you to set up online access, cash management tools, and your preferences for receiving statements and communications.
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Our investment recommendations are implemented over the appropriate time frame (this may be immediate or over some time). We will manage your progress to help ensure that your plan is on track and still working for you on an ongoing basis. We will work with you to determine an appropriate review schedule (minimally once a year) to discuss the progress and any changes in your personal life, and make any necessary adjustments.
Investing involves risk and investors may incur a profit or a loss. Diversification and asset allocation do not ensure a profit or protect against a loss. Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional.
