We believe starting with a comprehensive understanding of the complete financial picture helps to ensure the best possible outcome. We invest in our clients to thoroughly comprehend their current situation, where they are trying to go, and how they plan to get there before any recommendations for improvement are made.
Our planning process begins with an initial meeting designed to get to know each other. We will review an outline of our services, determine our client’s main goals and objectives, and agree on the most appropriate path moving forward.
Through the creation of a customized, interactive client website, we begin gathering and organizing all of the current financial information. Upon completion, we will review the current fact pattern with the client for accuracy and create the initial draft of the financial plan.
Once the draft has been reviewed and modified for any requested changes or scenarios, we will present the final plan. Detailed recommendations for improvement will be presented in the following areas: cash flow and savings, tax planning, asset allocation, risk management, insurance, estate planning and wealth transfer.
After a careful review of the recommendations, our clients will decide which items should be implemented. We then establish and prioritize an agreed upon implementation schedule.
Throughout the entire process, the Granite Harbor team will coordinate with all parties involved on behalf of our clients to ensure accurate and timely execution.
Reviewing and maintaining the financial plan is paramount to success. Once we have completed the implementation phase, we will establish a mutually agreed upon review schedule. Monthly updates are provided to ensure accuracy in the plan is maintained, and proactive changes are made when needed.