Financial Planning

When you form a relationship with Larry Heller & Associates, we'll guide you through our financial planning process as your initial and ongoing point of reference within your overall wealth strategy. Working in close alliance with you, we use it to:

Clearly define and mutually visualize your wealth management goals, challenges and opportunities

Guide us in converting customized plan into investment management action

1. Understanding your personal and financial issues.

At our first meeting, we want to learn about your goals in life. We also delve into the details of your financial life — your current income needs, investments, debts, insurance coverage, taxes, and the provisions of your will. And we try to determine your tolerance for investment risk and volatility. Our goal is to understand how your primary assets — your time and your money — can be organized and deployed to achieve your life goals.

2. Crafting solutions tailored to your needs.

Based on the information you’ve provided, we analyze your immediate financial needs and long-term objectives and create a financial blueprint. This may include investment strategies, plans for funding college costs and retirement, recommendations about your insurance coverage, and estate-planning ideas. We consider your goals, investment timetable, risk tolerance, and other relevant factors.

3. Finalizing a plan for your future.

We present our proposals and preliminary recommendations. We develop a strategy to help you meet your lifetime goals and dreams. This strategy may include suggesting changes to your asset allocation and current investment holdings, along with specific recommendations for protecting your assets. Developing a comprehensive financial plan is a collaborative process, and we depend on your candid evaluation of our proposed solutions. Based on your comments, we make needed revisions and finalize the plan.

4. Putting your plan into action.

In conjunction with your financial plan or as a stand-alone service, we establish a detailed, step-by-step action plan to implement the recommendations from your financial plan. We will transfer assets, implement investment management, and begin to address insurance and estate planning issues identified in your plan. When legal, accounting, or actuarial specialists are needed; we provide referrals and can coordinate our work with theirs. At this point, our goal is to move ahead quickly and efficiently, taking care of all of the details while keeping you informed about the process.

5. Staying on course.

Creating a plan to help you reach your goals is just the first step in an ongoing process. Even the best financial plan is only a starting point. We constantly monitor your progress toward your goals, and each year we revisit your plan, looking again at your situation and the state of the economy and financial markets. When changes are needed, we make sure they happen. And throughout our relationship with you, we are here to answer your questions, follow up, and help you any way we can. We’re with you for the long haul, working with you to make sure you achieve your life goals.