Monitor

Your plan must also be monitored, and monitoring requires attention. We are able to provide this attention because we focus on fewer, larger relationships. Working with fewer larger relationships allows us to spend more time with you addressing details that often get ignored. For purposes of monitoring your plan, these details include both changes to your facts and assumptions, as well as the performance of your investment strategy.

Your plan is based on facts and assumptions that may change, including assumptions about future income and expenses. If these facts or assumptions change in a material way, then we should update your plan. Otherwise, we could end up with results that are not aligned with your goals and objectives.

Changes can vary greatly. Maybe you decide to retire earlier than expected, maybe you find a compelling investment opportunity you want to consider, maybe your risk tolerance shifts, or maybe tax laws change. Whatever the change may be, we should discuss the impact to your plan.

We will have many opportunities to identify changes. We recommend meeting with you at least once a year to review your plan. We also connect with you at least quarterly about the performance of your investment strategy. We track performance of your strategy through our on-going due diligence, and we summarize performance for you in quarterly reports. With these reports, we can evaluate performance against your objectives. We also make ourselves available in person, by phone, or by email to address whatever needs arise. Such needs could include general questions, service requests, planning, investments, and introductions to our network. Of course, we will often reach out to provide economic updates or just to connect personally.

Once we identify changes, we help you adjust for them by re-engaging in the relevant portions of our four-step process.

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