During each engagement our firm builds a customized road map for clients to reach their financial goals. But just as in flying, stuff happens. Just as your flight plan might require a divert for weather, sometimes the turbulence in life, or a significant event will require diverting a financial plan from the original goals.
As a fiduciary, X Vector has a statutory and moral obligation to act in the best interests of its clients. This does not mean that recommendations from the adviser will always be what the client wants to hear, but to the greatest extent possible, will be conflict-free and unbiased.
We know what it’s like to find out an identity thief has absconded with thousands of dollars from a checking account while traveling three time-zones away. We also know when a salesman is trying to “put lipstick on a pig” to make the sale (i.e., framing a whole life insurance policy or annuity as a “retirement investment”).
- Understanding the Client’s Personal and Financial Circumstances.
- Identifying and Selecting Goals
- Analyzing the Client’s Current Course of Action and Potential Alternative Course(s) of Action
- Developing the Financial Planning Recommendation(s)
- Presenting the Financial Planning Recommendation(s)
- Implementing the Financial Planning Recommendation(s)
- Monitoring Progress and Updating