Needs Assessment & Baseline Financial Forecast

Our initial conversation will cover the details of your “financial life.” Instead of having clients fill out a form, we find our conversational method as a much more effective process in collecting the data we need. We will develop a baseline forecast inclusive of income, major expenses, savings and required investment returns. This will serve as a touchstone for future update meetings and will be revisited at least once per year.

Develop an Investment Strategy

Based upon the client specific forecast and risk tolerance we develop a detailed investment strategy. The strategy will include asset allocation and security selection, as well as a targeted rate of return and range of potential outcomes. Every client is unique, therefore each investment strategy reflects client specific details relevant to each household we serve.

Implement Investment Strategy

After reviewing and revising the detailed strategy, we will implement across all accounts (IRA’s, After-Tax, Trust, 401(k), 403(b), 529, SEP, etc.). Implementation of these plans will be discussed and reviewed during regular face-to-face meetings. These meetings will also be an opportunity to discuss any changes in circumstances or prospective actions you are considering.

Manage, Monitor, Measure

A customized summary statement is provided by WJ Financial Advisors, LLC to provide a “one-page financial snapshot” on a quarterly basis. This snapshot is customized for your specific needs and will explain actions taken (or soon to be taken) with regard to the stewardship of your assets.