Financial Planning Support

What This Service Delivers

Financial planning conversations become more productive when they're grounded in accurate, organized data about your current financial position. This service provides you with that foundation through carefully prepared personal financial statements and net worth tracking. You'll receive clear summaries of your assets, liabilities, and financial position that both you and your financial advisor can reference during planning discussions.

Beyond the immediate utility of the statements themselves, there's value in having someone maintain this information consistently over time. You'll be able to see how your financial position changes, understand trends in your net worth, and make comparisons that inform your planning decisions. The regular updates create a record that helps you understand where you've been and where you're heading.

Understanding Your Situation

Many people work with financial advisors to plan for retirement, education funding, or other significant goals. These conversations often require a clear picture of your current financial position, but assembling that information in a format that's useful for planning can be challenging. You might have assets spread across multiple accounts, property holdings, retirement plans, and various liabilities that need to be organized into a coherent view.

Without organized financial statements, planning discussions can become complicated or rely on incomplete information. You might find yourself trying to recall specific numbers during meetings, or your advisor might be working with estimates rather than precise figures. This can make it harder to develop strategies that truly fit your situation.

What often prevents people from maintaining organized financial statements is simply the time and effort required to compile the information regularly. Between tracking down account balances, valuing assets, and organizing everything into a meaningful format, it becomes a task that gets postponed. Having someone handle this aspect allows you to focus on the planning conversations themselves.

Our Approach to Financial Planning Support

Systematic Information Assembly

We begin by identifying all the components of your financial picture: bank accounts, investment holdings, retirement accounts, real estate, business interests, and liabilities. We establish a process for gathering updated information from these sources on a regular schedule. This systematic approach ensures nothing is overlooked and creates consistency in how your financial position is tracked over time.

Statement Preparation and Net Worth Tracking

We prepare your personal financial statements using accounting principles that present your position clearly and accurately. Assets are categorized appropriately, liabilities are recorded completely, and the result is a net worth calculation that reflects your actual financial standing. We track these figures over time, allowing you to see changes in your position and understand the factors driving those changes.

Clear Summaries for Planning Use

The statements we produce are designed to be useful in planning conversations. We create summaries that highlight key information and present data in formats that support decision-making. When you meet with your financial advisor, you'll have current, reliable numbers to work from. We can also prepare specific analyses when needed, such as tracking particular assets or comparing your position across different time periods.

What Working Together Looks Like

This service operates on an ongoing basis rather than as a single project. Typically, we update your financial statements quarterly, though the frequency can be adjusted based on your needs and how often you meet with your financial advisor.

1

Initial Setup

We map out your complete financial picture and establish the information-gathering process. This includes determining which accounts and assets to track and setting up access to the necessary data.

2

Regular Data Collection

At each update period, we gather current information from your accounts and sources. You provide what we need access to, and we handle the assembly and organization of the data.

3

Statement Preparation

We prepare your updated personal financial statement, calculate current net worth, and document any significant changes from the previous period. The statement is presented in a clear, organized format.

4

Review and Delivery

We review the statement with you, discussing any notable changes or items that warrant attention. You receive the statement in formats suitable for your own reference and for sharing with your financial advisor.

The Investment

Quarterly statement preparation and net worth tracking

$1,600

per quarter

What's Included

Initial consultation to map your complete financial picture
Systematic data gathering from all financial sources
Comprehensive personal financial statement preparation
Net worth calculation and tracking over time
Analysis of changes from previous periods
Clear summaries formatted for planning conversations
Review session to discuss your updated statement
Formats suitable for sharing with financial advisors
Additional support for specific analyses as needed

This quarterly investment provides ongoing support for your financial planning efforts. The value accumulates over time as the historical data becomes increasingly useful for understanding trends and making informed decisions. The service can be adjusted in frequency based on your needs and how actively you're engaged in planning activities.

How We Ensure Quality

Our approach emphasizes consistency and accuracy in how financial information is tracked and presented. We use standardized formats for statement preparation, which makes it easier to compare your position across different periods. Each update follows the same systematic process for gathering and organizing data, reducing the likelihood of errors or omissions.

The preparation timeline for each quarterly update typically takes one to two weeks from when we begin gathering current data to delivering the completed statement. This allows sufficient time for thorough preparation without creating delays that would make the information less current. If you have an upcoming meeting with your financial advisor, we can coordinate timing to ensure you have updated statements beforehand.

Progress over time is tracked through the net worth figures and through specific metrics you identify as important. Some clients focus on investment account growth, others on debt reduction, and some on overall liquidity. We can highlight these areas in each update so you can readily see how you're progressing toward your goals.

Our Commitment to You

The financial statements we prepare are designed to give you and your advisor confidence in the numbers being discussed. We maintain detailed documentation of our sources and calculations, so if questions arise about any figure, we can provide clarity. This level of thoroughness helps ensure that planning decisions are based on solid information.

You can reach out between scheduled updates if you need specific information or have questions about your financial position. While the formal updates occur quarterly, we remain available for the kinds of questions that naturally arise when you're actively engaged in financial planning.

This service operates on a quarterly basis, but you're not locked into a long-term commitment. We work together as long as the service continues to be valuable for your planning needs. If your situation changes or you decide the service isn't providing the support you need, we can conclude our work together at the end of any quarter.

Getting Started

The First Step

Contact us through the form on our main page or by emailing [email protected]. Let us know you're interested in financial planning support, and we'll arrange a time to discuss your situation. This initial conversation helps us understand your financial planning activities and whether ongoing statement preparation would be useful for you.

What Happens Next

If we move forward, we begin with the initial setup phase where we map your financial picture and establish the data-gathering process. This first statement takes somewhat longer to prepare as we're building the framework, but subsequent updates follow a more streamlined timeline. You'll receive your first complete financial statement within three to four weeks of beginning the setup process.

Working With Your Advisor

This service complements the work your financial advisor does rather than replacing any aspect of their role. We provide the accounting perspective and organized data, while they provide the planning guidance and strategic recommendations. Many financial advisors appreciate having clients who bring current, well-organized financial statements to planning meetings, as it allows the conversation to focus on strategy rather than data gathering.

Support Your Planning With Solid Data

If you're actively engaged in financial planning and would benefit from having organized, current financial statements prepared regularly, this service might provide useful support. We'd be happy to discuss whether it aligns with your needs.

Start a Conversation

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