Our Planning Process

Step 1: Introductory Call

This free video call is a chance for us to learn more about you and your family, explore your key priorities, and understand what you’re seeking in a financial planning relationship. We’ll walk you through real examples of how our planning process works and outline what you can expect from working with us. By the end of the call, you’ll have a clearer picture of whether My Holistic Financial Plan’s advice-only approach is the right fit for you.

Step 2: Transparent Agreement

We will go over a financial planning agreement letter that details the key focus areas for your planning, our mutual responsibilities, and the clear compensation arrangement. Both parties will sign this letter, and the first half of the planning fee will be paid at that time.

Step 3: Data Collection

To determine where you want to go and how to get there, we first need to understand your current financial situation. We’ll organize and compile your financial information using a secure online dashboard. Each aspect of your financial plan will be summarized to provide a clear view of your present financial landscape. For reference, here is a sample checklist of the information we might request.

Step 4: Review & Scenario Creation

In our second video call, we will verify the accuracy of your summarized financial information and reaffirm your personal financial objectives. We will also agree on financial planning assumptions and develop customized scenarios to align with your expectations.

Step 5: Analysis & Plan Development

We will carefully examine your organized information to uncover opportunities and develop targeted strategies that match your personal goals. The results of this in-depth analysis will be presented in an educational summary along with a Measurable Action Plan to guide your next steps.

Step 6: Plan Presentation

During our third video call, we’ll walk through your financial analysis, topic summaries, planning recommendations, and the Measurable Action Plan. This comprehensive review will provide clarity on your current financial position and offer actionable guidance to align your plan with your personal goals. The final portion of the planning fee is due upon delivery of your financial plan document.

Step 7: Implementation & Follow-up

During the plan presentation call, you’re encouraged to ask questions to ensure you fully understand the recommendations and feel confident implementing them. Once the comprehensive planning process is complete, you’ll have the option to continue our partnership through an ongoing monthly engagement. Working with an advice-only financial planner as your plan evolves can provide valuable guidance and help you stay aligned with your goals.

Our financial planning process includes various core areas to provide a holistic strategy addressing your financial goals, risk management, retirement, investments, and estate planning. Each element is tailored to ensure you achieve financial security.