Our Financial Planning Process

Initial Consultation – The goal for this meeting is to get to know about you, your family, your financial planning objectives, and your concerns. It is an opportunity for us to discuss what is important to you and what you would like to accomplish in the financial planning process. This meeting allows you to discover the scope and depth of services we provide, our expertise, and how we may benefit you in creating a compressive planning strategy. At Norton Financial, our wealth management plans are tailored to meet your goals, objectives, and dreams and to promote your long-term financial success. This meeting helps us establish the synergies of a mutually compatible working relationship. Prior to our Client Discovery Meeting, you will be provided a list of documents needed for the planning process, along with Client Discovery worksheets that help you get organized and prepared for the planning process. (Forms are also available on our Resources Page.)

Client Discovery Meeting – Moving forward to this meeting assumes a mutual liking and understanding that you are ready to partner with us to create a personalized financial strategy. We charge a deposit fee for this session that is applied to your planning fee when you engage NFC as your financial advisor. At this in-depth session, we collect the details of your financial resources; discuss the specific goals you want to plan for and the time horizon for those goals; and your investment experience, knowledge, and risk tolerance. We review and collect the documents requested and the Client Discovery Questionnaires provided to you to clearly understand what is important to you. Following this Discovery Meeting, we will provide you with a Fee Agreement and Financial Planning contract for your review and consideration. Once the Agreement is executed, we move forward with the Plan Presentation Meeting(s). 

Financial Plan Presentation – We will present, explain, and discuss the recommendations and suggested strategies to address your wealth management and financial goals. We use sophisticated, robust financial planning software as a tool that allows us to model the optimal strategies for assist you in achieving your planning objectives. If desired, we can provide you with access to a personal planning dashboard software tool. At this meeting, you will be provided a comprehensive strategy for a financial plan that promotes the balance of both current lifestyle and long-term financial success. 

Plan Implementation – This is the time to utilize our recommendations. Our planning includes the priority order for implementation of the ideas and suggestions. We assist you in this process as needed and facilitate all necessary meetings, phone consultations, and communications to see the process through during the scope and time of the financial planning agreement. Integrated, comprehensive planning takes time, and at NFC, we are committed to your financial success and will work with you to achieve results.