Financial Planning
After Discovery, analyses that make up a Comprehensive Financial Plan are prepared to assess your situation, along with various alternatives for consideration. Financial planning services include a series of analyses that are designed to provide an action plan for goal achievement. It may include a review of your net worth (assets and liabilities), objectives, risk tolerance, risk capacity, and cash flow. Numerous analyses may be provided such as income tax analysis, retirement planning forecast and probability analysis, employee and fringe benefit analysis, education funding, estate planning, risk management review, and "personal portfolio optimization". Our service begins with a formal discovery process designed to help facilitate our understanding of your current financial and subjective information.
Walls & Associates assesses your goals, objectives, time horizon, and other factors to compare where you are today in relation to the attainment of your stated goals. A series of analyses, policies, and recommendations are developed to facilitate the attainment of your desired life vision, based on what is truly important to you. You will receive education about the alternative options so that you are empowered to make informed choices about the future. Once you have chosen your path, we implement the solutions.
The financial planning process does not end there. After implementation, we move into monitoring and updating the plan as necessary. We monitor client financial plans in-line with the calendar year. For clients in the monitoring stage, the first quarter is focused on Tax Preparation and Retirement/Education/Goals planning. The next quarter will focus on Risk Management. In the third quarter, we turn to Estate Planning review and implementation actions. And in the fourth quarter, we turn our attention to proactive income tax planning for the end of the year. Since many planning issues are cyclical in nature, we decided that instead of fighting the cycle, we should harness and incorporate the cycle into the financial planning process; helping you know what comes next and keeping you on the path to success.
If you are looking for a blend of personal service and expertise, you have come to the right place! Walls & Associates offers a broad range of certified public accounting services for business owners, executives, and independent professionals. Our rates are affordable, and we are experienced and friendly. Please CALL US today at 304-390-5971 or SCHEDULE A CONSULTATION for an initial consultation.
