"The process begins by talking to us, but not necessarily about how the market is doing "
Working with you is about more than finances. It is about us understanding your relationship to finances, knowing what you would like to accomplish with your affluence and helping you to manage all the complex issues raised by substantial wealth. Here is how we feel that can happen.
The process begins by talking to us, but not necessarily about how the market is doing or whether to reallocate your assets or the latest stock opportunity. This conversation will go beyond investments and admittedly, it might not be comfortable. We will ask about your fondest aspirations for yourself and your family, your feelings about where you are and where you hope to be and, of course, your fears, and the things that might prevent you from getting what you want.
We work closely with you in such disciplines as lending, risk management-and yes, even investments-to craft a comprehensive wealth management plan for your consideration. The plan will encompass every aspect of your finances-from whether you'll be able to retire as planned to what if your daughter gets accepted at medical school to ways you can ensure that your business keeps running even if you’re not there to run it. And best of all, your plan contains specific strategies developed in concert with each other so that each strategy takes into account its effect on the others.
Specifically, you can count on us to work closely with you in the following manner:
Step 1: Understand
We begin by building an understanding of your goals, current financial situation, investment experience and comfort with risk. We'll also make you fully aware of our capabilities and provide educational support to assist you in understanding the scope of services we offer to help you meet your objectives.
Step 2: Create
Next, our team will analyze the information your've shared with us and design solutions intended to help you reach your objectives. This step may involve collaboration with your other professional advisors, such as your CPA or attorney. We present our recommendation to you, answer your questions, consider alternatives and outline the steps we need to implement your plan.
Step 3: Implement
With your approval, we will execute your customized strategy using the extensive tools available to us through Raymond James. This involves the selection of specific account types, investment products and optional services, and the completion of all necessary paperwork.
Step 4: Monitor
Once implemented, we will continually monitor the progress of our recommendations relative to your defined objectives and suggest changes where needed. A key to this step in your involvement in the process and communication of any significant changes in your life or practice. We accomplishment this by providing ongoing reporting of your account activity and by conducting regular one-on-one meetings and portfolio reviews with you.
