Blossom Wealth Management
Planning Process
With financial independence, family legacy and social capital solutions in place, wealth optimization becomes the focus of the planning process. We use a unique and disciplined values-based approach to help you make wise choices that match your values.
We break the planning process into five quadrants or phases, each one representing one planning cycle: Personal Interview, Comprehensive Financial Analysis, Create Strategic Vision, Implement Strategic Plan, and Ongoing Monitoring and Education.
Step 1: Personal Interview
Our investment process begins with a personal interview. We learn about you – your present financial situation, goals, timeframes and risk tolerance. We look beyond your net worth to explore what matters most in your life – family, business, hobbies, travel and philanthropy.
Step 2: Comprehensive Financial Analysis
Based upon the information gathered in Step 1, we construct a comprehensive financial plan. The financial plan serves as a roadmap for achieving your goals. Relevant components include:
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Investment planning
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Retirement planning
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Tax planning
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Estate planning
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Cash flow and liability management
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Risk management and insurance planning
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Education planning for children/other family
Step 3: Create Strategic Vision
This is when we educate you on the investment landscape and create your investment policy statement.
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Considering the geometric growth in the diversity of investments, we have observed that our clients feel empowered when they understand the different types of investments, their applications and associated fees.
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Once informed, you can infuse personal values into your investment policy statement. We want you to be comfortable that your portfolio is designed for long-term success.
Step 4: Implement Your Strategic Plan
At this stage, we implement your strategic plan. This may involve one or more of the following:
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Offering insights into potential strategies for asset growth
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Utilizing accumulated resources to fund specific needs such as college or retirement
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Creating diversification strategies in an effort to protect assets
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Working with outside professionals to sell your business
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Coordinating the efficient transfer of your assets to your loved ones
Step 5: Ongoing Monitoring and Education
We carefully monitor your strategic plan to work toward continuous alignment with your goals. In addition, we provide consolidated performance reporting on a periodic basis. We encourage you to communicate any significant change in your situation so that we may make the appropriate adjustments.
*Each of the above items are goals-based only. There can be no guarantee of positive outcomes or investment returns.
