Our Process

Wealth Management, Inc. (WMI) incorporates a 6 Step process to Financial Success. It is a win-win approach to financial planning for clients and advisors. It spells out step by step simple to understand and implement approach to building a brighter financial future.

  • Discover

    Usually an initial phone conversation. WMI will provide a brief description of our services and fee structure. If one of our services appears to fit your needs, we will email you a confidential questionnaire. The confidential questionnaire will help us to better understand your situation and allow us to provide an estimate for the work to be done. A follow up conversation will be scheduled after WMI receives the client questionnaire. Here we will discuss which of our services are right for you and provide you an estimate for the work to be completed.

  • Data Gathering

    After you have accept our proposal, WMI will ask for some additional details to complete your financial plan. This may include investment statements, Social Security statements, pensions, etc.

  • Analysis and Plan Creation

    After we conclude our research, WMI will produce the final report that will include observations, plan assumptions, and multiple goal scenarios.

  • Presentation

    When the final plan is complete, we will schedule a time to sit face to face and discuss your financial plan. This will give you the opportunity to ask questions either at the meeting or follow-up with questions after you have time to review your financial plan at home. The plan is your blueprint for financial success with your specific goals in mind.

  • Implementation

    The plan will have several action items for you to complete and some action items may require implementation by WMI if we are further engaged to provide Portfolio Management services.

  • Future Services

    If engaged to provide Portfolio Management services, WMI will schedule semi-annual meetings with you to refresh your financial plan and/or rebalance your portfolio. WMI also offers portfolio rebalancing and financial plan refreshes as a separate service for clients that do not use WMI for Portfolio Management services.