At Conscious Impact, we feel that planning should be an ongoing process. In order to keep up with your evolving family, we implement four stages in our planning process to ensure your financial plan is keeping up with your needs.
Stage One: Assembling Your Resources
To begin our planning process, first we will have you gather all your important documents and catalog your various resources available. We will also provide you with checklists and surveys so that we can create the most complete client profile for your personalized client portal.
During this stage we will:
- Have you virtually attend one of our Initial Guidance Meetings
- Review and/or complete the Client Engagement Letter
- Set up your Personalized Client Portal
- Complete a Risk Assessment, a Life Goals Worksheet, and a Values Survey
- Request relevant documentation to be uploaded to your secure vault in the client portal
Stage Two: Scouting All Paths
Once we have identified all aspects of your finances, we will present you with several different plan possibilities and solicit feedback on your preferences. During this process there may also be financial details that were overlooked in the initial intake. We will take those factors into consideration as well.
During this stage we will:
- Have you virtually attend our Exploring Possibilities Meeting
- Request other relevant documentation to be uploaded to your secure vault
- Solicit feedback and integrate the updated information into your client profile
Stage Three: Creating Your Map
Now that we have a complete financial picture and have adjusted according to your input, we can present our final recommendations to you in your comprehensive financial plan.
During this stage we will:
- Have you virtually attend our Refining Your Plan Meeting
- Confirm your understanding of our recommendations
- Provide a checklist for action items to implement the plan
Stage Four: Triangulating your position
Every quarter we will check in with you to update plan progress and see if there have been any changes in your financial status. If there is a significant difference, we will start the process over again at stage one, if not we’ll continue to implement the current plan. Regardless of any changes, we will conduct quarterly plan maintenance on the following schedule:
