At Peak Financial Management, the process of creating a financial plan is not a matter of just number crunching.
Our financial planning centers on the quantitative and qualitative assessment of where you are currently positioned and where you want to go. We then develop a step-by-step program to help you get there.
Our financial planning process involves a careful yet dynamic exchange of information through interviews. We like to find out all we can about you—your short-term and long-term goals, your family situation, your job or business, and what you wish to achieve. We gather all the facts about your investments, employer benefits, 401K and other retirement plans, insurance plans, and estate planning. We use all this information to create a financial plan that centers on your goals and serves as an important blueprint for future action. Each plan becomes a model that is grounded in realistic assumptions and yet is flexible enough to accommodate any future changes.
Step 1: Data Gathering—Details of your current investments, personal as well as those provided by your employer. Retirement plans. Insurance, etc. Identify goals.
Step 2: Cash Flow Analysis—Review of your current income and expenses. Recommendations.
Step 3: Retirement Planning—Review of all current and future retirement plans. Recommendations.
Step 4: Investment Management—Review of current investment portfolio. Proposed portfolio. Future investment management.
Step 5: Estate Planning and Insurance Strategies—Review of wills, trusts, life insurance. Estate tax considerations, coordination with your other advisors such as CPA or estate tax attorney. Recommendations.
The overall objective of our five-step planning process is to examine all the important facets of your financial life and provide effective solutions that will help you reach your financial destination.