Presented by James Suazo, ChFC®
Today’s video provides a brief summary of our financial planning process
View or listen to our video to learn more
Our financial planning process involves 4 main steps, which will eventually help answer the question, “Am I OK?":
- Identifying your goals and resources: To help us create a roadmap for our relationship moving forward so we can effectively track your progress.
- Creating an initial financial plan: That will help you understand the big picture, including your probability of success given your current path and situation.
- Conducting scenario analysis: Allowing us to explore and consider potential financial challenges you may encounter during our partnership.
- Monitoring and making adjustments: According to changes in both your personal and professional life to help make sure your plan is optimized at all times.
We think the best way to sum it all up is that we do what we call “Life Planning”– helping you with anything to do with a $ sign in front of it, whether it is a decision to buy or lease a car, purchase a home, plan for college expenses, long-term care, and more.
For our clients, please contact your Baron Team if you would like to discuss your specific financial plan. For others, please reach out to us if you would like to learn more about creating a financial plan, or a second opinion on your current financial plan.
Look for our next question in the Baron Financial Answers Video Series.
You can view all of our videos in the series here.
If you feel someone might benefit from our video, please feel free to share it.
Disclosure: This is a general communication being provided for informational purposes only. This material is not intended to be relied upon as a forecast, research, tax or investment advice. Please consult your financial planning and tax professional for personal advice. Every investment strategy has the potential for profit or loss.