Financial Planning

If you asked ten people to define financial planning, you are likely to get ten different answers.  For the sake of mutual understanding, AWMG defines financial planning as the practice of understanding what a client wants to achieve during their lifetime and helping them make informed decisions to get there.  The CFP Board adds to this definition, saying it is a “collaborative process with the client that contains all relevant aspects of the client’s personal and financial circumstances, not just how much money is under management.”

Because it is more of a process and a relationship than anything else, financial planning is easier to get started than most believe, and there are several ways that we can make it scalable. When you get right down to it, financial planning is simply determining goals, analyzing assets, liabilities, and opportunities, and designing a plan for reaching those goals.

“Hoping for the best, preparing for the worst.”

Financial Planning for Family and unforeseen events

Benefits of Financial Planning:

Better Decisions – Clients who have a financial advisor guiding them in every aspect of their financial lives tend to make better decisions regarding their finances.

More Likely to Reach Goals – Clients who have an advisor analyzing their goals and architecting a plan to work toward each one are more likely to reach those goals.

More Financial Confidence – Clients who know that everything regarding their finances has been covered, considered, and planned for can have fewer worries about their money and financial future.

“If you’re looking to take the complexity out of managing your finances, AWMG would appreciate the opportunity to discuss how the implementation of a financial plan will not only assist in providing you with a complete financial picture of today, but also a comprehensive roadmap of how to reach your goals tomorrow.”