As our name suggests, our financial advisors believe in implementing effective and thoughtful financial strategies for the purpose of guiding our clients in Arden towards prosperity and peace of mind. Being financially successful is about understanding the whole picture of your financials, knowing your goals, devising a plan, and adjusting that plan as needed. This process is what we use for each client as well as our own personal financials. Read more about our process below.
During your first few meetings with our financial advisors, we will be gathering information. We will be getting to know your entire financial situation, from your major financial products that you own, such as your life insurance policies, to your monthly spending habits. Before we make any recommendations, we will get to know you and your goals. For us, part of being a sincere and excellent financial advisor is accomplished by getting to know our clients and their hopes and dreams for their life.
After we’ve gotten to know you and have a clear view of the whole picture of your financials, we will begin to develop a plan and will make professional recommendations. Though there may be adjustments that might give positive results overnight, in most, if not all cases, the journey towards your financial goals is a methodical strategy that will take time for you to reap its full effects. Often, there may be multiple steps to complete. When our financial advisors create strategies for our clients, we not only think about your short term goals and your threshold for risk, but also the long-term effects of our strategies.
The next step of our financial plan is the implementation of the strategy. Depending on your financial plan and your goals, there is action that will be needed to be taken on both your and your financial advisor’s parts. We believe the difference in those who want financial prosperity and those who achieve it, is the doing—the implementation of their strategy that takes place everyday such as making budgetary changes and investing. Using the doctor example again, you will not get well until you take the medicine prescribed and make daily changes to your lifestyle.
Monitoring & Adjustment
A viable financial strategy is one that evolves with your needs, the economy, and your success. Part of what our financial advisors do is to monitor how your strategy is working, as well seek as your feedback. Often the strategies that we implement for our clients will need some adjustment, not because the original plan isn’t working, but because a successful strategy is one that grows and evolves with you.
As we stated above, a healthy and advantageous financial strategy is created through a thoughtful process, and our financial advisors want to help you create one that will work for you now and take you closer to your goals.