Financial Planning vs. Financial Plan

In times like this (uncertainty, unknown), it is crucial to understand the distinction between the dynamic wealth management process as opposed to a static financial plan (the kind marketed endlessly by the large financial firms).

Over the past couple years our clients, while not immune to the ravages of market volatility, have benefited from our ongoing advice concerning adjustments to the underlying assumptions in their plans, portfolio risk levels and expectations for future withdrawal rates. Theses dynamic course corrections help neutralize the predictive difficulties in the assumptions and produce more reliable long term positive outcomes.

There simply is no substitute for objective, ongoing advice.