Financial Life Planning
What is it?
Financial life planning is an approach that merges personal wealth into one's desired lifestyle. It addresses both investing and personal lifestyle issues holistically.
-FLP explores what money means to a client both tangibly and intangibly.
-FLP anticipates client life events and transitions, and making financial preparations for those transitions.
-FLP assists clients in the process of answering the "What IF" questions that are associated with one’s financial goals.
-FLP helps clients with answers to questions they didn't think to ask. To initiate discussions of the non-financial aspects of retirement living and other financial goals important to the client.
-FLP helps clients develop and coordinate communication between a network of professionals involved with helping clients attain their goals.
-FLP involves periodic review of the changes in a client's life circumstances along with changes in the market.
