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Scottsdale provides private clients with a window into the future. Each has their own interactive lifelong cash-flow forecast to illustrate what their financial position is likely to be at any time in the future.
Any number of these forecasts can be designed to predict the financial outcome of various scenarios. If you are planning to retire early, to work fewer hours, or to pay for private education, you can test drive the plan before committing yourself.
When we provide tax planning advice, we clearly demonstrate savings to be made in advance. If you are living on investments, we will calculate the return needed to maintain your desired lifestyle. If you are selling a business, we calculate the minimum price needed to secure your financial position. We can test drive what you need to do to be financially independent - not necessarily to retire but to have the choice whether you work or not.
Dispensing with the guesswork will avoid expensive mistakes.
The first step in preparing your financial plan is getting to know you, your family lifestyle and ambitions. The more we understand you, the more accurate the plan will be. This stage is crucial in helping you focus on your priorities in.
Stage two is gathering facts and figures. We will write off for detailed information on all of your investments, pensions, insurance policies, mortgages, wills, etc. You will be asked to provide details of what you spend. This exercise can be an eye-opener for some clients but it is vital for the process and, once it's done it need only be updated on a regular basis.
When we have gathered all the facts and we fully understand your priorities, the computer model is built and presented to you. If we believe that there are weaknesses or shortfalls in your arrangements, we will offer solutions and demonstrate their effectiveness to you. We can play 'what-if' before any decisions are made.
Updating the working model as years go by and as your circumstances change, ensures that the full picture is always available enabling sound decisions to be taken from a knowledgeable position.
Our private client Service is a fee-based financial planning and wealth management service. All aspects of financial planning are included within the model and are regularly reviewed. This service is designed for successful people who are busy. They want all their financial affairs in one place and want to evaluate them regularly with an experienced and qualified independnent adviser. Some of the items included in the financial plan are: