"A dream without a plan is a wish"
Creating financial plans is easy. Execution can be difficult. Financial discipline can be hard to achieve with the needs and wants of today stealing from our future prosperity. You have to be disciplined. The process is simple. It involves setting goals and then working to pursue those goals. It's important that the goals are manageable. Once you obtain your goal, you set a new goal. You reward yourself with each goal met. Our software makes the process nearly automated. We have made investments in software systems and continue to do so. These systems aggregate data and provide reporting for our clients. It's the greatest account aggregation and budget tool available, that connects the client information to their financial plan and advisor in real time. The most complex parts of planning come from things that computers can’t do. Markets throw curveballs, and they throw them often. Your advisor needs to be disciplined and have guiding principals in how investments are sought. There have been industry trends towards automated investing. Although we believe technology should be leveraged for consumer benefit, automating investment choices can ignore situations where investor would have made a different decision if fully informed. Systematic decisions are the opposite of diligent decisions. We plan and manage on an individual basis. We also try to protect from risks in the plan where appropriate. (Insurnace) There are many existing investment, tax and legal structures for individuals and businesses to utilize they may not be aware of. You need to partner with an advisor that has experience in dealing with clients that have had similar challenges. You need an advisor that can direct traffic around financial matters to the appropriate professionals to help work towards your goals. Your television set, search engine or smartphone is not a financial advisor.