HOW WE HELP
Financial Planning
Goals-based financial planning is foundational to our client-centric approach at TCM Wealth Advisors. Our objective is to help you prosper by creating a personal financial plan that brings your financial and life goals into proper alignment.
To determine the best financial planning strategies for you, we engage in a series of in-depth conversations over several meetings to gain an understanding of your current financial situation, tolerance for risk and your values, hopes and expectations. That process also involves:
- Gauging your comfort with market ups and downs through a risk assessment questionnaire
- Determining your event-based (retirement and education) goals and other short and long-term goals
- Gathering quantitative and qualitative financial information from you about your current investments, assets and liabilities
The result of our goals-based financial planning process is a written document that outlines an action plan and set of recommendations designed to help you achieve your financial goals and objectives. Upon implementation of your financial plan, we work with you to monitor its progress.
Life is full of changes and as your life changes – perhaps through the birth of a grandchild, a promotion at work or a significant inheritance – we’ll help you revisit your financial plan and make adjustments as necessary.
We can also work with you on retainer or hourly, depending upon your specific needs in the following areas:
- Asset Allocation Analysis
- Business Planning
- Cash Flow Forecasting
- College Education Funding
- Divorce Financial Planning
- Estate and Charitable Planning
- Financial and Risk Management
- Financial Statement Preparation
- Insurance Needs Analysis
- Portfolio Review and Risk Analysis
- Retirement Planning
- Tax Planning
- Transition Planning
- “Windfall” Financial Planning
- 401(k) Asset Allocation Design and Analysis
Common Questions
What does a financial plan from TCM include?
We start with in-depth conversations over several meetings about your finances, your tolerance for risk and your values. We also gather information about your investments, assets and liabilities and your short- and long-term goals, including retirement and education. The result is a written action plan with recommendations.
Is financial planning a one-time project or ongoing?
After you implement your plan, we work with you to monitor its progress and revisit it as your life changes, such as a new grandchild, a promotion at work or an inheritance. We can also work with you on retainer or hourly, depending on your needs.
What areas can financial planning cover?
Retirement planning, tax planning, estate and charitable planning, insurance needs analysis, college education funding, business planning, cash flow forecasting and 401(k) asset allocation, among others.
Why is there a risk questionnaire in the process?
It gauges your comfort with market ups and downs, so your plan can reflect your tolerance for risk.