Financial Planning From
Our CERTIFIED FINANCIAL PLANNERS®
Financial Planning From
Our Certified Financial Planners
At Wellspring Financial, our certified financial planners dedicate themselves to making financial planning straightforward and effective for individuals and families. We create a personalized financial roadmap to guide you toward your future.
Financial planning covers a range of essential elements like budgeting, investing, retirement planning, tax optimization, and risk management. Our approach integrates these aspects into a unified strategy, providing a holistic and synergistic approach to managing wealth.
Personal Financial Planning
We understand that everyone’s financial journey is unique. That’s why we start by thoroughly understanding your current financial situation, future goals, risk tolerance, and aspirations. We create a financial plan for your needs and help guide that plan to your financial future.
Understanding Financial
Planning Models
We use a sophisticated approach, blending multiple models from industry-leading providers with our customized algorithms. We simplify financial data into a simple format that gives you insights and action that is never too complicated.
Our holistic plans consider all aspects of your financial needs, from short-term goals to long-term aspirations. We aim to help you understand what we are guiding you to do and how to accomplish your goals. You will accomplish a secure financial future with our certified financial planning services.
Fee-Based
Financial Planners
As fee-based financial planners, our commitment is solely to you. We operate with transparency, ensuring our focus remains on your financial well-being. We earn from our fee-only financial planning, so you can trust our services are for you and have no other motives. It is our fiduciary duty to dedicate our efforts to your success.
Dynamic Financial
Planning
Our Financial Planning Process
The financial plans our CFP professionals create are not static documents; they evolve alongside your life. Regular monitoring and adjustments are integral to our approach, recognizing that life is dynamic. Financial plans must be flexible enough to adapt to changes in goals, market conditions, and personal circumstances.
Engage
Together we develop mutual trust as we start to learn about each other, including Wellspring’s approach to financial planning and wealth management services.
Discover
Next, we’ll discuss your current and future financial situation. This discussion often sparks self-discovery, where we learn about your needs, wants, and goals.
Analyze and Develop
During this phase, your advisor will analyze your current investments, insurance policies, and other financial data in order to develop your personalized financial plan.
Implement
Your advisor will meet with you to review your financial plan. We’ll help you understand and guide you on how to implement the plan on next-step recommendations.
Monitor And Update
Wellspring will monitor your plan to ensure it remains suitable as your life changes. This includes monitoring the performance of investments, ensuring spending is on track, and adapting to changing circumstances.
Engage
The first step in the process is for you to learn about Wellspring, and for us to learn about you. Together, we develop mutual trust and begin to understand each other. We discuss what you want from the planning process and determine that we are a good fit. When you’re ready to move forward, and a mutual commitment is in place, we move to the next phase.
Analyze
In this phase, Wellspring will distill and digest your data. We’ll input the information into our models and have discussions and questions along the way as we sort through your information.
Gather
This will be a deep discussion and a rewarding one. It will be filled with self-discovery and the development of mutual understanding. We’ll help you discover information about your financial situation that you might not have ever considered or understood. We’ll listen to your needs, wants, goals, and desires, and will discuss tradeoffs. Implications of decisions will also come to the surface.
Develop
Wellspring will now begin to develop your financial plan. There may be questions from us along the way, and we will probably meet with you at least once to review a draft of the plan and make final adjustments.
Implement
When the plan is complete, Wellspring will present it to you and discuss all aspects, including implementation. Investment decisions and changes in day-to-day ways of thinking and operating may come from the plan.
Monitor
We’ll monitor the plan to ensure it’s working as expected and detect whether or not changes need to be made. This includes monitoring the performance of investments, ensuring spending is on track, and adapting to changes along the way.
Update
A plan that sits on the shelf and is never revisited is useless. At least once a year, we’ll discuss updates to your plan, and more often if a significant life event occurs.
Why Choose a Wellspring CFP® Professional
Most people think all financial planners are “certified,” but this isn’t true. Just about anyone can use the title “financial planner.” CFP® Board benefits the public by independently certifying financial planners. Although CFP® Board does not guarantee their work, CFP® professionals have met rigorous qualifications for financial planning. Only those who have fulfilled CFP® Board’s rigorous requirements can call themselves a CFP® professional.
As part of their certification, CFP® professionals commit to high ethical standards. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can call themselves a CFP® professional.
Additional Reasons To Choose a Wellspring CFP® Professional
When you hire a CFP® professional, you work with an advisor who has met rigorous qualifications for financial planning. Most important, a CFP® professional task has made a commitment to CFP® Board to act in the best interests of their clients.
Financial planning without
CFP® Certification:
a financial planner
Financial planning with
CFP® Certification:
Meets requirements established by CFP® Board
Makes a commitment to CFP® Board, as part of their certification, to place your best interests first. Can receive sanctions from CFP® Board, and even risk losing their certification, for violatons of ethical standards set by CFP® Board.
Copyright 2023, Certified Financial Planner Board of Standards, Inc. All rights reserved. Reprinted with permission.
Convenient Investment Monitoring
We take great pride in our openness, candor, and honesty. We’re completely transparent about our advisory fees, costs of investments, and the performance of your investments.
Ready to Start Your Plan?
Taking the step of creating a financial plan will put you ahead of most Americans in laying the groundwork for your future financial success.
