Broker Check

Our Planning Process

OWM Financial Planning Process

STEP

1

Understand the Client's Personal and Financial Circumstances

  • Values, Risk Tolerance, Family, Passions
  • Income, Assets, Liabilities, Taxes

STEP

2

Identify and Prioritize Goals Alongside Clients

  • Retirement Date & Desired Income
  • Large Purchase, College Funding, Leaving Legacy

STEP

3

Analyze the Client's Current Course & Develop a Plan with Potential Alternatives 

  • Is the Client's Current Course Aligned with Values & are they on Track to Accomplish Goals?
  • Is there an Alternative Plan the Client can Follow to Increase their Potential of Accomplishing Goals? 

STEP

4

Present and Review Planning Recommendations with Client 

  • Present the Desired Financial Plan & Alternative Ideas within the Plan
  • Come to an Agreeance with Client on a Plan they are Comfortable with

STEP

5

Implement the Financial Plan

  • Address Implementation Responsibilities of the Client & Planner
  • Craft a Desired Timeline to Implement Plan

STEP

6

Monitor and Update Financial Plan

  • Meet Regularly to Monitor the Plan
  • Have Client update Planner on Major Life Events

Have a Question?

Thank you!
Oops!