Each of these services is precisely tailored to your specific goals and lifestyle. While the range of services varies from plan to plan, the level of personalized attention and care is consistent throughout. My Financial Design has designed individual modules to allow affordable access to advice on the primary reasons that clients consult with a CFP®. Whether you want a professional to review your budget, make sure your portfolio is maximzing your chances for your future, or need a complete comprehensive financial plan, one of the services below will meet your needs.
Financial Plan
• Cash flow analysis with spending plan recommendations.
• Current tax situation analysis and recommendations for maximizing tax savings.
• Analysis of current insurance coverage and recommendations for appropriate life, disability and long-term care coverage.
• Retirement plan analysis and recommendations on how to achieve your lifestyle and income goals.
• Investment portfolio analysis and recommendations on optimizing returns within the level of risk you find acceptable.
• Estate planning analysis and recommendations for tax-efficient methods of transferring an estate to heirs.
• College planning analysis and recommendations on how to meet the challenges of higher education costs.
Spending Plan/Cash Flow Management
•Examination of current spending behavior and recommendations on aligning spending with core values and long-term financial goals.
• Design of new monthly and annual spending plan.
• Introduction to online budget management systems.
Retirement Plan
• Analysis of current retirement plan and recommendations for achieving retirement goals.
• Examination includes cash flow management, savings and investment portfolio allocation and performance.
Financial Condition Assessment
• Analysis of current financial condition compared to client’s vision, values, and lifestyle desires. Recommendations on how to close the gap between current situation and making consistent financial decisions to support life choices.
• Examination includes cash flow management, net worth and investment portfolio design.
Investment Portfolio Design
• Analysis of investment portfolio and the gap that may exist between current asset allocation and the Efficient Frontier. Based on Modern Portfolio Theory, the Efficient Frontier measures the efficiency between risk and reward.
• Recommendation for a portfolio that accurately reflects your risk tolerance, investment preferences, life vision and timeframe.
Insurance Analysis
• Analyses of current insurance coverage, including life, disability, long term care and annuities.
• Recommendation of options among the many insurance products available, with emphasis on obtaining the most desirable coverage at the most affordable rates.
Hourly Financial Advice and Coaching
• Weekly or monthly coaching on transforming one’s relationship and behavior with money.
Ongoing Service Models
All the steps of My Financial Design’sService Offerings benefit from consistent, long-term monitoring and maintenance. To fulfill that aim, My Financial Designoffers Client Service Models that include quarterly Performance Reviews, phone conferences, quarterly newsletters, an education blog, unlimited phone and e-mail access, invitations to educational events and much more.
With a formal Client Service Model, you have a professional carefully monitoring your financial assets and regularly updating and advising you. In addition, you receive a wealth of pertinent information and education. It’s a true partnership directed toward achieving your life goals.
The extent and specific details of the Client Service Models are tailored to your individual requirements and assets under management. Please contact us today to find out more about our various service offerings.
