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A Registered Player Financial Advisor with the NFLPA 

Securities Offered through Raymond James Financial Services, Inc
Member FINRA / SIPC

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The Five Phases of Personal Financial Planning

 

Phase 1: A Full Day Retreat

  • Detailed information gathering
  • Life Planning questionnaires
  • Understanding the Three Levels of Goals
  • Short-term: 1-4 years
  • Intermediate: 5-9 years
  • Long-term: 10 years and beyond
  • Goal Matching

Phase 2: Evaluation of the Current Financial Plan

  • What has the client accomplished financially
  • to this point?
  • Assets
  • Liabilities/Debts
  • Evaluate the current financial strategies:   
  • Savings
  • Investments
  • Taxes*
  • Estate Planning

Phase 3: Recommendations

  • Detailed recommendations of suggested financial strategies for the future.
  • Recommendations are provided in writing with appropriate support documents and materials.
  • Clear understanding of the financial Game Plan

Phase 4: Implementation

  • Completion of required documents
  • Establish the schedule for updates, reviews and future
    meetings
  • Establish communication procedure and account access

Phase 5: Update and Evaluation

  • Predetermined meeting dates to review and evaluate the effectiveness of the Game Plan
  • Update current files, trends and goals
  • Revise the Game Plan as required based on client needs.

*Raymond James does not provide any tax advice. We maintain established relationships with tax providers.