Hi Friends,

This year we’ve had the privilege of being introduced to many new families by our amazing clients. A lot of them felt that they weren’t on the right track to achieve their financial goals—until they met with us.

Today, we want to share the top three areas where we’ve helped these families greatly improve their financial lives.

First, many of the families we met with didn’t have a written financial plan outlining how they’d reach their goals. My dad always said, “If you fail to plan, you plan to fail.” And he was right. A well-designed plan not only increases your chances of reaching your goals, but it also provides peace of mind along the way. That’s why we always start by developing a comprehensive financial plan for every new family we work with.

Second, many come to us because they don’t fully understand what they are invested in or why.  Often, this meeting unfortunately occurs after an investment they may not have fully understood or felt comfortable with experiences a significant drop in value or even goes to zero.

For us, this is why we prefer a disciplined, straight forward, investment strategy that aligns with our client’s financial plan and goals.  We want our clients to know their target investment allocation and why they hold this mix.   And of course- we then consistently rebalance their accounts back to this target.

Finally, too many families are paying way too much in taxes and fees. With the abundance of investment options available today, the costs can vary widely. Shockingly, we’ve seen investment strategies that charge over 5% per year! We believe in using low-cost ETFs, which can make a huge difference in long-term results. For example, our top holding at Presilium, VUG, the Vanguard Growth ETF costs less than 1/20th of 1% per year.

Additionally, one of the biggest opportunities we see is helping families reduce their lifetime tax bill. A solid financial plan should address current and future taxes, identifying ways to minimize them wherever possible. This is something we think about every day for our clients.

Most of your family, friends, and colleagues are not getting the experience or results they deserve.

Please continue to introduce them to us and we will give them an exceptional experience that puts them on a path to financial success!

Thank you and we look forward to talking with you next Friday.

Be on the lookout for our next Financial Planning Fridays episode. Subscribe to our Youtube Channel so you never miss an episode. Or contact us directly; schedule your 15-minute call with us today.