Retainer Program
Retainer Program
The Path to Success
- Initial financial plan with recommendations provided.
- Financial plan updated at all future meetings.
- Semi-annual pre-scheduled update meetings.
- Each meeting addresses all six areas of financial planning:
- Financial position - Track net worth, cash flow, cash reserves, debt management
- Insurances - Life, disability, long term care, auto, home, liability, employee benefits.
- Investments - Review performance, current market conditions, risk profile. Progress toward other goals (education, vacation home etc.)
- Income taxes - Review past returns and plan for future.
- Retirement Planning - Confirm projections match goals.
- Estate Planning - Confirm plan is made, documents are appropriate, asset ownerships and beneficiaries align.
- Financial position - Track net worth, cash flow, cash reserves, debt management
- Summary letter with follow up steps provided after each meeting.
- Joint meetings/coordination with other financial professionals (attorney, tax preparer, insurance agent, banker etc.)
- Cell phone, email access whenever needed.
- Invitations to all client events.
- Avoid product related charges whenever possible.
Annual Fee is .25% of non-home net worth, paid monthly by ACH, adjusted annually, $500/year minimum. At advisor’s discretion.