Comprehensive Financial Planning
An outline of our Client Onboarding Process for developing, executing and monitoring your comprehensive financial plan:
FIRST MEETING
- Overview of Coastal Wealth Management
- Discovery conversation
DEBRIEF
- Cash flow analysis
- Balance sheet analysis
- Morningstar portfolio review
- Develop base facts
SECOND MEETING
- Morningstar Portfolio Breakdown
- eMoney Financial Plan Review
- Three tax buckets
- Review Financial Planning Agreement
DEVELOP FINANCIAL PLANNING RECOMMENDATIONS
THIRD MEETING
- Present planning scenarios and recommended strategies
EXECUTION FROM THIRD MEETING
- Facilitate introductions to third party professionals (CPA, Estate Attorney, Banking, etc)
- Implementation of the plan
FOURTH MEETING
- Implementation summary with client
- Review of financial plan and executed strategies
- Establish schedule of client reviews based on your preference
- Coordinate / finalize documentation based on feedback from third party professionals
Annual Review
Relationship Review
(where we have been, where we are, where we are going)
Albridge Performance Review
Insurance Summary
(insurance statements / crediting examples)
eMoney Financial Plan Review
Estate Preservation:
- Titling and beneficiary review
- Living wills / power of attorney review
Any Changes Since Last Meeting
(risk tolerance, financial situation, personal, etc.)
Update Preference Sheet
Charitable Planning
ONE OF OUR PRIMARY GOALS IS TO DEVELOP A LONG-TERM, TRUSTING RELATIONSHIP WITH YOU.
For more information about our Coastal Wealth Management and the services we offer, please send us a quick email, call the office or fill in the Contact Us form below. We would welcome the opportunity to speak with you.
info@coastalwm.com | 843.388.4300