Annual Review – This is for clients who come back every 1 – 2 years. We review your current financial assets and assign those funds to short and long term goals. Household cash flow is updated, including savings goals, as required. We track progress along your retirement “road map”. Retirement capital is rebalanced to the appropriate asset allocations. Annual Review clients benefit from the simplification of investment accounts over time. Additionally, you will likely be working with the same planner year after year and develop more of a relationship with your advisor.
Annual Review Plus – the Plus feature means we update different modules of your plan (college funding, retirement models, insurance) in alternating years and keep your overall financial plan current by updating different modules over time.
Plan Update – This option is for clients who choose to come back less frequently (every 2-5 years) and have a full review of their financial plan. This likely means updating the various financial planning modules and may include major life changes (a new spouse, divorce, loss of a loved one, a substantial inheritance or health change). Because more modules are updated at one time, the hours are similar to your initial plan. You may be working with a different financial planner depending on schedule availability.
Note: the above estimates are for illustrative purposes only. Your planner will provide you with a specific quote when you meet.