How We Do It
Financial planning means different things to different people. Age, income, family status and business situations all play a role in your personal plan, but all financial plans have one thing in common – a process. The process starts with carefully thought out goals and your personal values.
The Certified Financial Planner Board of Standards, Inc. identifies six steps in the planning process:
- Establishing and defining the client-planner relationship.
- Gathering client data, including goals.
- Analyzing and evaluating your financial status.
- Developing and presenting financial planning recommendations and/or alternatives.
- Implementing the financial planning recommendations.
- Monitoring the financial planning recommendations
Code of Ethics and Professional Responsibility - These Principles are general statements expressing the ethical and professional ideals that we employ in our business.
- ~ Integrity demands honesty and candor which must not be subordinated to personal gain and advantage.
- ~ Objectivity requires intellectual honesty and impartiality.
- ~ Competence means attaining, maintaining and applying an adequate level of knowledge and skill in providing services to clients.
- ~ Fairness requires impartiality, intellectual honesty and disclosure of material conflicts of interest.
- ~ Confidentiality means ensuring that information is accessible only to those authorized to have access.
- ~ Professionalism requires behaving with dignity and courtesy to clients, fellow professionals and others.
- ~ Diligence is the provision of services in a reasonably prompt and thorough manner.