Financial Planning
The Power of a Financial Plan
How will you react when life throws you a curveball? A solid financial plan can help reduce your insecurities by providing tangible steps to help you reach your lifelong goals.
A good financial plan will act as a roadmap for all of your future financial decisions. We’ll work with you to map out exactly what you want your money to do for you, and how you plan to get there. Then we’ll use the experience of our qualified team, to put together written recommendations that you can rely on.
And don’t worry. We know that life moves quickly and your plan will change over time. That’s why we’ll follow up on a regular basis and adjust as necessary.
The goal of a financial plan is to provide you peace of mind through rigorous planning and personal recommendations.
What’s in a Financial Plan?
Clients utilizing this service will receive a written report, providing the client with a detailed financial plan designed to achieve his or her stated financial goals and objectives.
In general, the financial plan will address one or more of the following areas of concern:
Retirement
Analysis of current strategies and investment plans to help the client achieve his or her goals.
Tax & Cash Flow
Income tax and spending analysis and planning for past, current and future years. We will illustrate the impact of various investments on your current income tax and future tax liability.
Education of Children
Evaluation of assets needed to provide post secondary education.
Personal
Family records, budgeting, personal liability, estate information and financial goals.
Estate Planning
Analysis of current situation and strategies to help the client achieve his or her goals.
Death & Disability
Cash needs at death, income needs of surviving dependents, estate planning and disability income analysis.
Investments
Analysis of investment alternatives and their effect on a client’s portfolio.
Personal Meetings
CCAM gathers required information through in-depth personal interviews. Information gathered includes a client’s current financial status, future goals and attitudes towards risk. Related documents supplied by the client are carefully reviewed and a written report is prepared. Should a client choose to implement the recommendations contained in the plan, CCAM suggests the client work closely with his/her attorney, accountant, insurance agent, and/or stockbroker. Implementation of financial plan recommendations is entirely at the client’s discretion.
