Timmick Financial Group
Our Planning Method
Success requires that you know where you're going,
and have a plan for getting there...
Following is a summary of the Financial Planning process we use with our clients:
Know Who You Are
Experience has taught us that we add the greatest value and do our best work when we have a deep personal relationship with our clients. With this in mind, our Financial Planning process is designed with a uniquely personal approach where we get to know each other intimately. Excellence in financial planning requires the depth of this kind of relationship.
Know Where You Are Now
Our planning engagement begins with a detailed discovery process. This is where we learn about who you are and what really matters to you. Our goal is to establish a relationship based upon a thorough understanding of what’s important to you and a full picture of your financial situation and available resources. The more we know about you, the more effectively we can help you align your resources with your vision of a secure and fulfilling life.
Know Where You're Going
In this step we seek to completely understand your values, preferences, likes and dislikes, and from this, help you identify the goals, dreams and desires you have for your life. No plan is worth its salt unless it is designed to get you to a specific goal or destination. We help bring clarity as we fully engage you in the decision-making and planning process. We work closely with you to determine roles, expectations and desired results. We look at your financial life not only in dollars and cents, but also in terms of where you are going with your life, with your family and with your legacy.
Develop Alternative Plans & Approaches
With a personal understanding of your goals, vision and resources, we apply our financial planning expertise to develop strategies that are creative, intellectually and professionally sound, and based in practical wisdom. We use established financial planning tools, such as capital needs analysis, scenario planning, safe-withdrawal analysis, risk assessment, and protections strategies to help you make informed and intelligent decisions. In the process we help you create a financial plan that is clear, well defined and quantifiable.
Select & Implement Your Plan
We openly discuss the strategies and alternatives that we feel best fit your needs, making sure that you understand the pros and cons of each financial decision along the way. We then work with you to fully implement your plans according to the guidelines agreed to. Just as important, we monitor your progress on an ongoing basis to ensure alignment between your plans and your goals.
Monitor & Adjust The Plan
Creating and implementing your financial plan is only the beginning. We will then provide an ongoing process of review, evaluation, and action that helps keep you on track throughout your lifetime. A well-crafted strategy is designed to be adaptive, flexible, and open to revision as your needs and circumstances change. As professionals charged with supporting your agenda, we adopt your vision as our own. Your success, however you define it, is our success. Ultimately, our goal is to allow you to lead a fulfilling life, confident that you are on course and not alone on the journey.
Guide You On The Journey
Financial planning is more than a one-time event. It is a discipline, undergoing constant revision on your personal path to financial success. We’re your trusted advisor, here to help you develop a clear path for your future, and here to help you address the changing realities that life will be sure to present along the way. We’re here to answer your questions, discuss ideas, and to apply our insight and experience to your personal circumstances, now and in the future. Simply put, financial planning is the means by which we help you turn your questions into confidence, and dreams into realities.