Financial Planning Services

What is Financial Planning?

Financial planning can be a life-long process that assists you and your family in taking control of your financial future. By setting financial goals, developing and implementing financial strategies, and monitoring progress on a regular basis, the likelihood of achieving your results is greatly increased.

Why Develop a Financial Plan?

Most people find managing their finances is a challenge. Individually, we face many opportunities, obstacles, and hazards along the way, and sometimes, we struggle with the anxiety of our personal financial circumstances.  Further, many families are too busy dealing with the challenges of day-to-day life to think about next month, let alone retirement which may be twenty years or more into the future. 

By developing a financial plan, you and your family:

  • Will have a better understanding of your current financial situation.

  • Determine attainable retirement, education, insurance, and other goals.

  • Review goals, funding strategies, and alternatives where goals have to be compromised.

  • Have the necessary financial resources set aside to fund your goals as they occur.

  • Reduce the effect of unexpected events, such as disability, premature death, etc.

One thing we can be certain of is the future will come, whether we are financially ready or not.  Isn't now the right time to start planning for your life?

Our comprehensive financial planning process has six steps:

Step 1: No Obligation Discovery Interview

At this meeting, we will listen to your financial concerns and discuss what financial planning can do to help you achieve your financial objectives. 

Step 2: Gather Information

If you decide to purchase financial planning services from Copper Canyon Wealth Management Group, we move on to the next and most important step: data gathering. This is where we learn about all of your financial goals, objectives, assets, liabilities, income, expenses and other relevant information. The foundation of a sound financial plan is having a clear understanding of who you are. This information is kept strictly confidential. 

Step 3: Analysis and Development

A preliminary analysis of the information about you is prepared. This includes reviewing all of your objectives and determining if they are feasible. We may consult, with your permission, with your attorney, accountant, or other advisers to make sure the data is complete. 

Step 4: Plan Presentation and Delivery

After all of the alternatives and information is analyzed, a final plan will be presented to you. The final plan is a written document prepared especially for your family. It contains specific recommendations designed to help you meet your financial goals and objectives. 

Step 5: Implementation

Donald and Sharon, acting in a investment advisor representative capacity, will explain how you can act on the specific recommendations in your financial plan by purchasing financial products. Financial products may be purchased at any institution you choose. 

Step 6: Monitor and Update as Needed

In life, one thing is constant: change. Each year, and perhaps more frequently, your income, investments, assumptions, and objectives will change. This is why we stand ready to monitor and update your plan as needed.

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*LPL Financial Planners do not provide legal or tax advice. You should contact your tax advisor for details on how any financial plan will affect your personal legal and tax situation.

IRS Circular 230 Notice: The information contained in this website is not intended to (and cannot) be used by anyone to avoid IRS penalties. This website may support the promotion and marketing of financial planning. Clients should seek tax advice based on their particular circumstances from their independent tax advisors.

Fee-based financial planning and investment advisory services offered by LPL Financial.