From the very moment you step into our office or reach out to us, our dedicated team is committed to gaining a deep understanding of your investments and your unique financial requirements. Our overarching objective is to collaborate closely with you in crafting a comprehensive plan that not only grants you the financial freedom you desire but also provides the peace of mind that comes with secure future investments. This journey unfolds through a meticulously structured six-step process

sagepoint financial process


1. Engage: Define the Client-Advisor Relationship

This crucial first step involves establishing a strong foundation for the partnership. The wealth management firm's advisors take the time to explain their role, the services they provide, and the expectations of the client-advisor relationship. They also discuss their fiduciary duty, emphasizing their commitment to acting in the client's best interest. This step ensures transparency, trust, and a clear understanding of the collaboration ahead.

2. Collect: Understand Client Goals and Gather Data

To create a tailored wealth management plan, advisors engage in in-depth conversations with the client to gain a thorough understanding of their financial goals, objectives, and aspirations. This step includes assessing short-term and long-term goals, risk tolerance, time horizon, and any specific financial concerns or preferences. Simultaneously, advisors gather comprehensive financial data, such as income, expenses, assets, debts, tax information, and existing investment portfolios.

3. Analyze: Analyze and Evaluate

With the gathered data, the wealth management team conducts a meticulous analysis. This involves evaluating the client's current financial situation, identifying strengths and weaknesses, and assessing potential opportunities and threats. Advisors also consider economic conditions, market trends, and tax implications to develop a holistic view of the client's financial landscape.

4. Design: Create and Revise a Plan of Action

Based on the analysis, the advisors work closely with the client to create a personalized financial plan. This plan outlines specific strategies and recommendations to help the client achieve their financial goals. Advisors consider asset allocation, investment selection, tax optimization, estate planning, and risk management. The plan is flexible and can be revised over time to adapt to changing circumstances or new client objectives.

5. Implement: Implement Client Decisions

Once the client approves the financial plan, the wealth management firm proceeds to implement the recommended strategies. This may involve opening investment accounts, making portfolio adjustments, executing tax-efficient strategies, and addressing estate planning or insurance needs. Advisors ensure that the plan is executed efficiently and in alignment with the client's preferences.

6. Review: Monitor the Plan

Continuous monitoring and review are essential components of wealth management. Advisors regularly assess the performance of the client's investments and the progress toward their goals. They also consider changes in the client's life circumstances, tax laws, and market conditions. Reviews may result in adjustments to the financial plan to keep it aligned with the client's evolving needs and objectives. Communication with the client is ongoing, and periodic meetings are scheduled to discuss progress and address any questions or concerns.

By following these comprehensive steps, the wealth management firm aims to provide a holistic and client-centered approach to managing and growing wealth over time.