Step By Step Guide For Financial Planning Services

You should not stop here

1.Discovery Session

A meeting where both prospect and financial planner build rapport and discuss key concerns, goals, and expectations to ensure mutual understanding

Issuance of a formal agreement outlining the scope, terms, and responsibilities for the financial planning engagement.

The prospect agrees to proceed by signing the Letter of Engagement, solidifying the partnership.

2.Letter of Engagement (LOE)
3.Sign Off LOE

The client makes payment as specified in the Letter of Engagement to confirm their commitment to the engagement

4.Fees Payment
5.Engagement Starts

The financial planner begins delivering agreed services, addressing the client's financial goals and concerns.

7.Analysis and Report Preparation

Presenting the proposed solutions and recommendations to the client for feedback

Gathering crucial financial information from the client to understand their current situation and needs comprehensively.

6.Fact Findings
8.Report Presentation

Evaluating concerns and crafting tailored solutions to address the client's financial goals and challenges.

10.Annual Review

Executing the agreed-upon solutions to achieve the client's financial objectives effectively.

9.Implementation Plan

Reviewing the progress annually to ensure goals are on track and making necessary adjustments as needed.

The Journey is On
The Journey is On