What to Expect
Comprehensive Planning. Portfolio Management.
Whether it be comprehensive financial planning, asset management, or just a few hours of help along your way, Full Picture Financial has provided for a unique client experience in which in-depth discovery conversations are held, financial data is reviewed in detail, recommendations actions are formulated in accordance with stated goals, and regular maintenance is assured.
The Process
Step by Step
- 1
No Obligation Consultation
No charge or stated duration: We produce a "Quick Sheet" to determine how you can benefit from our education and/or portfolio management services.
- 2
Target Objectives
The scope of planning / advisory services is agreed upon. Goals are brought into focus.
- 3
Data Gathering
Reviewing all currently known information to find opportunities to improve efficiency. See below for list of which documents to have available.
- 4
Process & Plan
Set expectations and time frames whilst engaging planning tools and other technologies in analyzing all information collected.
- 5
Recommendations
Review initial outcome and lay foundation for beneficial alterations to status quo.
- 6
Education
A constant throughout the process, those engaging in a Comprehensive Financial Planning Retainer will formalize a plan to increase knowledge in areas for improvement as well as those of greater interest.
- 7
Plan Implementation
Assignments agreed upon and divided between the Client and Advisor. Those engaging in Financial Planning or Asset Management will create an Individual Investment Policy Statement.
- 8
Assets in Motion
Initial movements are made into your personally designed portfolio. Re-balancing and re-structuring of your portfolio is made on a regular basis. Strategy for on-going withdrawals and ad hoc distributions is executed in accordance with your personal tax situation.
- 9
Reflection
Set continuous sessions to revisit progress (aside from the Personalized Education sessions) and establish access to monitor investment and planning applications.
Documents To Have Available
- Workplace or Social Benefit Program statements or booklets
- Annuity or Pension statements
- Private Insurance policies (disability, life, long-term care, P&C, umbrella)
- Investment and Bank accounts
- Paychecks or W-2's
- Loans and credit card statements
- Direct Investment summaries
- Estate Planning documents (wills, trusts, powers of attorney, etc.)
- Any Budgeting Work previously attempted
The Full Picture Financial Mission
FPF makes use of the financial planning process, as prescribed by the Certified Financial Planner Board of Standards™, to help clients understand their financial position and what it will take to meet, or possibly exceed, their objectives.