Personal Financial Planning For Retirement Plan Participants
Personal Financial Planning For Retirement Plan Participants
People with a financial plan are much more likely to achieve success. Isn’t this true for any worthy venture? How many long range projects succeed without some sort of plan? As an employee participant in a Wellspring-advised retirement plan, you have access to our personal financial planning services. We can help you prepare for your financial future and reach your short-term and long-term goals.
If you are not an employee participant, you can still work with Wellspring one-on-one through our individual financial planning services.
Be An Informed Investor
The biggest barriers people assume they will have when starting a financial plan are:
At Wellspring Financial Partners, none of those are true, because:
The biggest barriers people assume they will have when starting a financial plan are:
At Wellspring Financial Partners, none of those are true, because:
Our Financial Planning Process
Wellspring takes a personalized approach to helping our clients plan for their financial futures. Every step of the way, we tailor your plan to your unique needs, desires, and goals.
Here are the steps we take:
Engage
First, you'll have the opportunity to learn about us and our approach to financial services, and we'll learn about you. We'll work together to ensure we understand and trust each other. Your advisor will ask you what your desires are for the planning process and will make sure Wellspring is a good fit for your needs.
Gather
Next, we'll facilitate a deep discussion about your financial situation. We'll discover what is most important to you and will use this understanding to build a customized plan. This discussion often sparks self-discovery, and you may uncover new insight about your financial life up until this point.
Analyze
During this phase, we will analyze your data and use it to inform our next steps. We use a variety of models to inform our planning, and will continue to ask you questions and discuss our progress with you.
Develop
Once we have the data we need, we begin to develop your plan. We'll meet with you at least once to review a draft of this plan and will make adjustments as needed.
Implement
We'll present the final plan to you and will discuss it in depth. We'll help you understand how to implement the plan in terms of big-picture investment decisions, day-to-day ways of thinking and operating, and everything in between.
Monitor
You and your advisor will both monitor the plan and if any changes need to be made, we will do so. This includes investment performance monitoring, tracking spending, and adapting to any changes in circumstances.
Revisit
Your plan must adapt to your life over time in order to be truly effective. A minimum of once a year, your advisor will meet with you to discuss any necessary updates. If a significant life event occurs, such as a job change, new family member, or move, we'll meet sooner to address it.
Take Advantage Of Our Financial Planning Services
As an employee retirement plan participant, you have access to preferred pricing for our financial planning services.
For just $160, one of our experts will assist you in creating a roadmap to guide your financial future.
