Triple Summit provides financial planning services tailored to the goals of each client and based on their financial situation and personal circumstances. Financial planning services include, but are not limited to, the following:
- Review of Current Cash Flows – Income and Expenses
- Review of Current Financial Position – Assets, Liabilities, and Net Worth
- Insurance Review – Life, Health, Long-Term Care, Home, Auto & Other
- Employee Benefits Planning
- Investments Strategies and Asset Allocations
- Education Funding
- Retirement Planning
- Tax Planning Strategies
- Typically, the financial planning process follows the sequence depicted below:
| Introductions (60-90 minutes) | Client: tell us your goals and objectives and what you’re trying to accomplish Triple Summit: provide initial thoughts and what services would be most appropriate |
| Data Gathering and Analysis (2-3 weeks) | Client: Sign engagement letter, set up payments, input information, provide support documentation, be available to answer additional questions Triple Summit: Digest info provided, extablish base line plan according to agreed upon inputs, conduct additional analysis as neeed. |
| Strategy Meeting (90-120 minutes) | Triple Summit: Present strategies to meet your goals, explain rationale behind recommendations, get feedback, finalize the plan Client: Confirm initial results, provide feedback, set up implementation schedule |
| Plan Implementation | Client: Implement recommendations, ask follow-up questions on implementation strategies Triple Summit: Provide implentation assistance and recommendations, answer any follow up questions |
| Additional Review (Optional) | Client: Communicate changes in life circumstance, request review when needed Triple Summit: Monitor client progress and provide further advice per client request |
Please use this Data Gathering Checklist as a reference for the information we need for financial planning purposes.