Process
A strong planning process is the best way to create a strong, flexible financial plan.
A transparent, effective planning process is based on two key aspects of financial planning: protection and access to funds when needed. A plan must ensure liquidity, to allow its owner to access funds when needed. It must also take into account key stages of life. This can include preparing for events such as retirement, death, and in the event of disability and/or critical illness.
With these goals in mind, the first step in building a comprehensive plan is to assess total financial planning needs. This involves a consideration of important milestones such as retirement, insurance, major purchases and educational costs, as well as ongoing financial management strategies. Once these factors are identified, the client is prepared to choose the products and services that best address his or her needs.
This goal-based financial planning approach is designed to help:
- Define customized short- and long-term goals that ensure only the right financial products and services are chosen
- Identify roadblocks or gaps that might impact the financial planning strategy
- Continually monitor the plan to ensure it meets changing needs and circumstances
Contact us today to find out more about my financial planning process and learn how a sound financial plan can help you achieve your goals.
What is Financial Security Planning?
Financial planning is about more than preparing for retirement. It’s about working to achieve short- and long-term goals, and helping protect the most important things in life.
A strong plan is developed in collaboration with a financial planner, and includes a balance of products that is flexible enough to meet changing needs across a client’s personal and professional life.
The first step to achieving a strong financial plan is creating an effective strategy that:
- Prepare for a secure, comfortable retirement
- Minimize current taxes
- Pro-actively manage and control debt
- Help prepare for a child’s college education
- Provide loved ones or heirs in the event of death, disability or critical illness
- Protect businesses and their employees
- Address
- 9040 Town Center Parkway, Lakewood Ranch, FL 34202
- ivan.ramirez@lpl.com & andrew.hoskins@lpl.com
- Website
- hoskinsramirezgroup.com
- Phone
- 941-552-7880
Our Services
No single investment strategy or financial plan works for everyone. Our goal is to deliver highly individualized service that effectively addresses the complexity of your financial situation. Will analyze where you are financially, where you want to go, and what matters to you the most. We can then tap our knowledge and resources to develop a strategic plan for your vision of the years ahead. Our level of service ensures that your questions are answered and that you have a thorough understanding of our recommendations. Contact us today to discover the value of our experience, unbiased advice and personal service.
Our 4 Step Financial Advisory Process
Step 1: discovery - Before we get down to crunching numbers, we’ll talk about the things that are most important to you — family, community, pastimes, church. We’ll ask a lot of questions about what you’re really thinking, feeling, worried about; your experiences with money; and what you’ve accomplished so far. Together we’ll figure out where you are now.
Step 2: planning - Based on what we discuss in the Discovery phase, we will assess your personal situation, gauge where you are now relative to your life goals and priorities, and consider what gaps exist. We will weigh the financial implications of each goal we discuss and construct the framework for a plan that supports them.
Step 3: solutions - A benefit of holistic planning is that it provides a comprehensive view of all areas of your financial life. During this phase, we will recommend specific solutions to help match each of your goals. This is where we implement your customized plan.
Step 4: monitoring - Just when you make plans, life happens — and events large or small can change everything. The monitoring stage incorporates tracking systems to keep your plan on target. We’ll help you plan for the unexpected, anticipate change, and adjust your plans over time, as necessary.
