When you want a financial plan developed with your goals and interests put above all else, it’s a good time to engage a fee-based financial planner.

Fee-based financial planners design unique personal financial plans and are compensated for their time and expertise. Under this fee structure, the planner is a fiduciary and a responsibility to place your interests first.

Of course, a fee-based planner’s role can goes beyond just providing expert guidance in the creation of your financial plan. A fee-based planner can also help you consider the implementation of your plan which may include a combination of appropriate insurance, brokerage, advisory and/or private client platform solutions.

In the end, your planner is paid to work with you to make sure your financial needs are met with care, with expertise and with an understanding of your unique circumstances and individual goals. Together, you will agree on the appropriate fee structure based upon those needs and the specific services required.

WHAT TO EXPECT FROM GBP’S FEE BASED FINANCIAL PLANNING PROCESS

DISCOVER

We’ll start by discussing and gaining an in-depth understanding of your current financial situation, goals, objectives, and planning concerns.

GATHER CLIENT DATA

Next, we’ll ask that you assemble relevant financial data and documents so we are all on the same page.

INITIAL OBSERVATIONS AND ALIGNMENT

We will assess and discuss with you, your assets, liabilities, income and expenses and will gain further insight into your circumstances. If there is a mutual fit, we’ll outline the scope and cost of an engagement.

FINANCIAL ANALYSIS OF DATA AND DEVELOP PLAN

We’ll create a customized planning analysis based on current resources. We’ll identify and quantify any planning gaps and assess your circumstances and options.

STRATEGY/EDUCATION

In order to maximize asset growth and wealth protection while mitigating tax obligations and avoidable risk, we’ll discuss strategies, creative solutions and tools to solve those needs. We’ll customize our recommendations based on your feedback and input, and provide clear and expert guidance.

IMPLEMENTATION AND ROADMAP MOVING FORWARD

We’ll agree on an implementation plan (what, how, when, and by whom) and can assess the right way to move forward to support your goals and priorities, adjusting the plans as necessary based on your circumstances.

Fee-Based Financial Planning