Our Process

At Saline Wealth Management Group, we use the strength of the Six Step Financial Planning Process created by the Certified Financial Planner Board of Standards. We begin by taking the time to understand your current financial picture and long-term goals, and then prescribe the most appropriate solutions to address your unique needs. And because life is far from stagnant, we meet with you often—and face-to-face whenever possible—to help you understand your progress, adjust for life’s changes, and help ensure your plan stays on track. Throughout the process, we provide financial guidance through education and partnership to help you make sense of the complex world of financial planning and gain the calm confidence that comes with a flexible and sound wealth management plan.
Our Financial Planning Process consists of the following steps:

1. Establish and define our client-planner relationship.
In this first step, we clearly explain the services we provide and outline the responsibilities of our team. We fully explain our pricing structure, including how we are paid and by whom. We also agree on how long our relationship should last and how decisions will be made.

2. Gather client data and outline goals.
During step two, we meet with you to learn as much as we can about your financial situation. We work together to help define your personal and financial goals, understand your time frame for results, and discuss how you feel about risk. We also gather all necessary financial documents to help us provide the best possible advice.

3. Analyze and evaluate your financial status.
Next, we analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you’ve requested, this may include analyzing your assets, liabilities, and cash flow; current insurance coverage; investments; and tax strategies.

4. Develop and present financial planning recommendations and/or alternatives.
Once our analysis is complete, we provide our recommendations to address your goals, based on the information you’ve provided and our prior discussions. Together, we then will review our recommendations in detail to help you understand them fully to make the most informed decisions possible. We will listen to your concerns and revise our recommendations as desired, based on your feedback.

5. Implement your financial plan.
Once we’ve agreed on your financial plan and how it will be carried out, we put your plan into action, continuing to serve as your financial "coach" and coordinating with other professionals of your choice, such as attorneys or accountants, as needed.

6. Monitor your financial plan.
As a full-service wealth management firm, Saline Wealth Management Group closely monitors the progress of your financial plan, and we meet frequently with you to keep you informed on that progress and discuss any changes that may be recommended due to market shifts, economic conditions, or changes in your own personal life and goals.