OUR SERVICES
Remember that looking after your assets and planning your financial future is not a one-time event. There are many steps in the process, and it’s prudent to keep an eye on the overall picture and the bottom line. A useful tool for getting started is the Financial Planning Sequence of the Creating Your Financial Blueprint chart. (click here)
Personal Financial Planning/ Asset and Wealth Management
At Summit Financial Planning, we strongly believe that you don’t need a fortune to start building one. We believe everybody—regardless of assets or income—can benefit from smart financial planning. Objectives common across all income levels often include: ensuring retirement income, reducing tax burden, minimizing the effects of inflation, creating and preserving personal wealth, reducing the risk of financially devastating events, and fostering peace of mind through proper planning.
We handle portfolios from modest to substantial, and have developed a specialty in asset and wealth management. Clients who need sophisticated advice—from preserving assets to maximizing wealth transfers and establishing charitable legacies—will be pleased with the level of customized services available through Summit Financial Planning. Fees for these services are based on a percentage of assets under management.
For all of our services, clients have the flexibility to engage us on a one-time, as-needed or ongoing basis. Our personal financial planning services include:
- Cash flow spending plans
- Retirement planning strategies
- Investment advice
- College funding advice
- Analysis of life, disability and other insurance needs
- Ongoing asset management
- Tax planning
- Estate planning
- Long-term care advice
- A second opinion on a current financial plan
Corporate and Group Services
- Financial seminars for military, church and civic groups
- Corporate employee financial education—seminars on 401(k)s, employee benefits, etc.
Seven Steps to Success
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BUILDING A BRIGHTER FINANCIAL FUTURE™
Create your Financial Blueprint |
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Financial Planning Sequence |
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| When you contact us, we'll provide a brief description of our services, philosophies, methodology and fee structures. We'll direct you to our web site or mail you an introductory packet to help you learn more. |
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| Step 1: Community Outreach or Initial Inquiry |
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| If our services appear to fit your needs, we'll schedule a Get Acquainted Meeting (can be done on the phone or in person). You can review our introductory materials, or visit our web site if you wish to learn more, then contact us for Step 2. |
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| The Get Acquainted Meeting or Teleconference is an opportunity for us to exchange information about your needs and objectives, and further discuss which of our services are right for you. We will also provide an estimated fee quote. |
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| Step 2: Get Acquainted Meeting or Teleconference |
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| When you decide to engage our services, we will give you a list of additional data or information which we will need to begin formulating your financial plan. One-half of the estimated total fee is due at the time of this engagement. |
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| When we receive your information, we begin to review and develop your financial plan. We prepare initial reports to discuss at our Step 4 meeting. |
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Step 3: Data Gathering and Initial Preparation
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| In Step 3, you gather the data requested, and complete your cash flow worksheet and risk tolerance questionnaire. You may fax or mail this information to us before our next meeting. Upon receipt of it, we will schedule our Step 4 meeting. |
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| In this interactive meeting, we discuss and clarify the information you have provided thus far. We continue to refine your financial goals and objectives. |
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Step 4: Interactive Goal Setting Meeting or Teleconference
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| In this Interactive Goal Setting Meeting, you have another opportunity to clarify your current situation, financial goals and objectives. Come with any additional questions or concerns you may have. |
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| We edit the initial information as needed and run additional scenarios if applicable. We conclude our research and analysis, and produce final reports for your personal financial plan. We add our observations and recommendations to the plan. |
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Step 5: Analysis and Plan Formulation
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| As we move into Step 5, you simply schedule a meeting or teleconference 1 or 2 weeks after our Step 4 meeting. The ball is in our court in the interim. Revisit our web site to stay current on the changing world of personal finance and investments. |
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| In Step 6, we present and review your personal financial plan. We discuss all reports and provide you with a written summary of our observations and specific recommendations. |
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Step 6: Presentation of Your Financial Plan
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| Congratulations! At this point, you will hold a personalized blueprint, custom designed to meet your financial goals. Full payment of the balance for actual fees incurred is due at the conclusion of your plan presentation meeting. |
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| If you need and desire our help with plan implementation and follow up, at the conclusion of Step 6 we will discuss what might be an appropriate ongoing plan with you. Periodic update meetings and reviews are also recommended. |
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Step 7: Plan Implementation and Follow Up
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| Proper implementation is crucial to reaching your financial goals. Whether you now implement and monitor the plan yourself, or engage us to provide a portion or all of these services for you, we urge prompt action. |
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Click here for Adobe® Acrobat® version
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If you click on a link above, you'll download a file with the form you have selected. If Adobe® Acrobat® Reader™ is linked to your browser, the page will appear in the browser window. Otherwise you will be asked where to save the file that is being downloaded. Note the name of the directory on your computer to which you download the PDF. The PDF file will provide you with a fully formatted version of the form.
To read a PDF file, you need Adobe® Acrobat® Reader™ on your computer. If you do not have Adobe® Acrobat® Reader™, just click on the yellow icon below and it will take you to Adobe's site where you can download it for free.
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Building a Brighter Financial Future Chart copyright protected. © 2000 The Garrett Planning Network, Inc. All Rights Reserved.
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