We understand that at times, the process of financial planning can appear daunting. There are many options available for growing wealth and protecting your wealth for the unexpected – there is no one-size fits-all approach.
MyState’s Wealth Management experts take the time to work with you to tailor the best solutions to suit your individual needs. We will assist you to get the most out of your money to ensure you have the flexibility and options to enjoy the lifestyle you want.
There are 4 key steps to our financial planning process:
1. Initial advice
When you first meet with your MyState Wealth Management Financial Planner, we’ll walk you through a clear, understandable process to help identify your goals and objectives. Together, we’ll identify the ways in which MyState Wealth Management may be able to help you, and begin to identify the most appropriate strategies for achieving your goals. We then begin to develop wealth strategies for you, based on research and modeling of your situation.
2. Strategy discussion
The next step is to meet with your MyState Wealth Management Financial Planner to go through the wealth strategies we’ve developed for you and confirm your goals and objectives, to make sure the planning process is on track. From here, we begin to develop your financial plan.
The implementation meeting gives you another opportunity to clarify any questions you have before we put the wheels in motion for your personally tailored financial planning strategy.
4. Ongoing review
We’ll keep in touch with you, making regular contact to ensure your financial plan is effectively implemented and managed, and remains relevant to the changing financial environment and your individual circumstances. As a MyState Wealth Management client, we offer:
- A regular Strategic Review to discuss your entire financial plan including financial investments, wealth strategies and any relevant insurance policies. This review is designed to ensure that your financial plan remains appropriate for your evolving needs, keeping you on track to achieve your goals.
- A regular Portfolio Review to discuss your cashflow needs and the performance of your financial investments. This review enables us to make any necessary updates, and to provide you with a written consolidated report on your financial investment portfolio.
Through every stage of the financial planning process we commit to clear and open communication with you so you can be sure your financial plan, and your financial future, are exactly what you want them to be.