Process

Our first meeting will involve an in-depth conversation to assess whether the client/advisor relationship is a good fit to move forward.  If both parties decide to proceed, we will work to develop and personalize your wealth management plan. 

 

Wealth Management Process | Randy Powers Financial Advisor | Skaneateles NY

Assess Your Financial Situation

  • Take inventory of assets, including retirement plans
  • Evaluate your income stream
     

Define Your Goals

  • Buying a house
  • Investing for college education
  • Saving for retirement
     

Calculate Funds Needed

  • Inflation
  • Risk tolerance
     

Create a Portfolio to Address Your Investment Goals

  • Allocate funds among appropriate investment categories
     

Monitor Portfolio

  • Respond to changes in objectives
  • Fundamental changes in portfolio (values)