When you engage in the financial planning process with a financial consultant at LSB Wealth Management, you will receive "Advice for Life". Advice for Life is a client-centric, holistic approach to financial guidance that reflects your priorities and specific life circumstances.
The financial planning experience progresses through four stages:
Before we get down to crunching numbers, our financial consultants will talk about the things that are most important to you— family, friends, and community. Our advisors will ask a lot of questions about what you're really thinking, feeling, worried about; your experiences with money; and what you've accomplished so far. Together we'll figure out where you are now.
Based on what we discuss in the Discovery phase, our LPL Financial Advisors will assess your personal situation, gauge where you are now relative to your life goals and priorities, and consider what gaps exist. Our advisors will weigh the financial implications of each goal we discuss and construct the framework for a plan that supports them.
A benefit of holistic planning is that it provides a comprehensive view of all areas of your financial life. During this phase, our LPL Financial Advisors will recommend specific strategies to help match each of your goals. This is where we implement your customized plan.
Just when you make plans, life happens—and events large or small can change everything. The monitoring stage incorporates tracking systems to keep your plan on target. Our advisors help you plan for the unexpected, anticipate change, and adjust your plans over time, as necessary.
The Advice for Life approach recognizes that we’re all on a special journey — and that each of us requires a road map to help us get to where we want to be. This disciplined planning process has helped other clients eliminate debt, better understand the financial decisions that support their situation, and improve family communication regarding money issues.
We believe that adopting a holistic planning approach that focuses first on your life goals and aspirations may improve the chances of pursuing the future that you envision.
Don’t let your dreams fade. Contact us today for a consultation.
Together we'll chart a path toward your future.