Financial Planning takes the guesswork out of managing your finances and helps you understand the implications of each financial decision you make. In many ways, financial planning is largely like Preventative Care; it allows certain events to be thoughtfully addressed in advance to help determine an optimal course of action. Unlike tax returns, which record history, a well-crafted plan is forward looking and adaptable.
By what process is this accomplished? We adhere to the financial planning process from the Certified Financial Planner Board.
Only when the plan begins its implementation phase does it take on a new form. Because of this, we view this step as “breathing life” to your plan. We will mutually agree on which recommendations will be acted upon and what party is responsible. We may carry out the recommendations or serves as a coach, coordinating with you and other professionals, such as attorneys or investment advisors.
The client is free to implement the plan with whomever he/she chooses.
Roell Capital Management’s philosophy is that financial planning at the core, is not a one-time endeavor. Our expectation is that as our client, you will work with us to create and maintain a financial plan. This requires regular, scheduled meetings. We place benchmarks with all of our clients at the 4 month, 8 month, and 12 month mark. These benchmarks provide an opportunity for us to discuss what we’ve done, where we are, what may be next, and any changes or evolutions we should be aware of.
