INTRODUCTION
SESSION
Client + Spouse
Our Process...
BARR Financial Services is dedicated to providing the highest level of service
possible to our valued clients. We believe it really is all about you.
INTRODUCTION
// Step 1
Evaluate if Planning will be helpful, determine the costs and decide whether or not to proceed
INFORMATION
INTERVIEW
Clarify Client
Family Attitudes
// Step 2
A review of the Data Information Form, legal documents, employee benefit statements, any investment summaries - with an extensive discussion of client goals and family attitudes
CONFIRMATION
STEPS
Plan Objectives, Assumptions,
Investment & Risk Attitutes
Review of Financial Data
// Step 3
A review of the re-stated Plan Objectives and Plan Assumptions to be used, the listed data and the Initial balance sheet with cash flow and income tax summary
REPORT
PREPARATION
Present Situation Analysis
Problem Identification
Develop Recommendations
// Step 4
Determining where the client is headed- if no change in direction is made; measuring the extent of problems or shortcomings; testing of alternative solutions; developing a formal plan.
// Step 5
A review of all the initial financial planning recommendations and extensive discussion of how the Plan will address the problems. Social Security Maximization Analysis will be provided.
REPORT
(PLAN)
Delivery Session
// Step 6
Client response frequently indicates a need for added study or plan alteration. Service Form indicates parties to assist in plan implementation
REVIEW OF
THE REPORT
Additional Issues
Inital Decisions made
Service Request Form
// Step 7
Continued meetings with the client and other advisors to accomplish the tasks required to implement the plan. Since many are sequential this process extends over several months.
IMPLEMENTATION
INTERVIEWS
Additional Analysis
Meeting with other
Client Advisors
Making Decisions &
Taking Action
// Step 8
Periodic meetings thereafter to review the performance of investments, changes in family, career and economic circumstance.
CONTINUED
SERVICES
Review of Implementation
Investment Monitoring