The Consulting Process
At Arnett Carbis Toothman Wealth Advisors LLC (ACT Wealth Advisors) we use a systematic consulting process for uncovering your most important goals, and for designing and implementing appropriate solutions to help you achieve those goals. The process includes Discovery, Investment Planning, Follow-up and Regular Progress meetings.
No two investors are alike. Each has different circumstances and aspires to different dreams. As wealth strategists, our ability to help you meet your needs depends on our in-depth understanding of you and your unique situation. We believe it is important for us to deeply comprehend not only your investments and other assets, but also your most important values, goals, relationships and interests.
We begin our wealth strategy process with a Discovery Meeting. At that meeting, through a question and answer process, we will learn important insights into your financial situation and the goals you want to accomplish. This level of insight provides the foundation for our long-term relationship and allows us to construct an investment and wealth strategy plan that maximizes the probability of achieving what is most important to you and your family.
As with any investment made in life – a family, a home, a college education – the best results are achieved by carefully constructing a plan and then following that plan consistently over time. A well-crafted investment plan and Investment Policy Statement (IPS) provide a broad context for making important financial decisions. We will use these tools and others to prescribe a prudent investment philosophy and a set of investment management procedures for pursuing your long-term financial goals.
Your investment plan will describe a range of critical factors that affect your financial decisions, including your investment goals and time horizons, your risk profile, and the prudence and diversification standards you wish to maintain. Taking these critical factors into account, your IPS will then identify asset classes appropriate for your objectives and document the desired allocation among those asset classes.
Clearly articulating your plan for success helps provide long-term discipline to your decision making, encourages effective communication and allows us to review critical factors as they may change over time.
Ongoing Care and Maintenance
During our Regular Progress Meetings, we will ask you about any specific events in your life that may call for a change in your portfolio construction. For example, these events might include the birth of a child or grandchild, the death of a parent or a change in your marital status. As we learn about such changes in your situation, we will reallocate your portfolio as warranted. We will also review changes in your portfolio that may have resulted from market movements.