FINANCIAL PLANNING / PORTFOLIO DESIGN PROCESS

The power of a financial plan is not the bound package that sits on a shelf. It is the process itself and the use of it as an ongoing measuring and monitoring tool. The process serves as a checklist of sorts that gives an investor confidence that they’ve covered, “all their bases”. The measuring and monitoring aspect gives us a baseline case to work from as we adapt to the inevitable changes in our lives and the world of investing. It’s also a boost emotionally as it makes you feel responsible and organized.

STEP 1: ESTABLISHING AND DEFINING THE CLIENT-PLANNER RELATIONSHIP.

We will work with you to clearly define the services provided including our responsibilities and yours. We will also explain how we get paid and by whom.

STEP 2: GATHERING CLIENT DATA, INCLUDING GOALS.

Normally clients will furnish us statements regarding their current investments including titling and beneficiary designations. In addition client need to furnish us with pay stubs, tax returns, and a complete list of monthly expenses. As far as real estate is concerned an estimate of value, how much is owed, and your current interest rate is helpful. In the case of stock options, will need your stock option agreements.

STEP 3: ANALYZING AND EVALUATING YOUR FINANCIAL STATUS.

We will analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.

STEP 4: DEVELOPING AND PRESENTING FINANCIAL PLANNING RECOMMENDATIONS AND/OR ALTERNATIVES.

Based on the information you provided, we will offer financial planning recommendations that address your needs. We will also go over the recommendations with you to help you understand them so that you can make informed decisions. The most important feedback we need are your concerns so that we can revise the recommendations as appropriate.

STEP 5: IMPLEMENTING THE FINANCIAL PLANNING RECOMMENDATIONS.

We will coordinate the whole process of implementation with you and other professionals such as attorneys or accountants.

STEP 6: MONITORING THE FINANCIAL PLANNING RECOMMENDATIONS.

The most important part of this whole process is monitoring your progress and adapting to changing market conditions. This should be done periodically and we are happy to design a schedule that makes the most since for you. One of your responsibilities is to keep us informed of your inevitable life changes.

STEP 7: ANALYZING AND SELECTING THE APPROPRIATE INVESTMENT ALTERNATIVES

The financial planning process will naturally yield a rate of return for each financial goal. The art of designing a portfolio is achieving that rate of return with the least amount of risk. At the Simmons Partnership, LLC, we have developed a proprietary system that utilizes investing with protection. Our knowledge and experience with all types of investment tools allow us to combine them in a unique way to serve you. These investments are vetted through an enhanced due diligence process using sophisticated measures of fundamental and technical analysis. Many of these global references can be found on our home page. This is accomplished in an unbiased, open architecture environment.