As Certified Financial Planning Professionals, we subscribe to the CFP Board of Standards Financial Planning Process. We are dedicated to helping you along your journey to create a Financial Plan most viable for your situation.
At Rodriguez Wealth Management, we follow these 6 Steps in the Financial Planning Process:
1. Establish a Relationship with a CFP® Professional
Any successful client- advisor relationship begins with a strong foundation built through trust. Before moving forward through the Financial Planning Process, we meet with our clients to explain our advisory practice. In this meeting, we discuss our wide array of financial planning services, define our responsibilities, and set a ground for our next steps according to your unique situation.
2. Gather Your Data and Develop Your Financial Goals
Together, we will talk about your current financial situation and gather any necessary documents. In this process, we will begin to define your personal and financial goals, with a reference to a timeframe.
3. Analyze and Evaluate Financial Status
At Rodriguez Wealth Management, we want to make sure that your goals are met. We take a transparent approach- taking into consideration all aspects of your situation to determine what you need to do to meet your goals.
4. Review your CFP Professional’s Recommendations
During this process, we will go over our financial recommendations to you. We will take the next necessary steps to move forward along the Financial Planning Process.
5. Implement your CFP Professionals Recommendations
Together, we will agree on the best recommendations to be carried out in order to best meet your Financial needs.
6. Benchmark Your Progress
As you work towards your goals, we will continuously monitor your progress to make sure you are on the right track. At Rodriguez Wealth Management, we believe in open communication throughout the entire planning process to best ensure that your Financial Goals are being met. From here, we will decide any necessary adjustments or future recommendations.