Sage Financial Planning

Sage Financial holds four types of collaboration meetings throughout the planning process: Introductory Meeting A no cost, no commitment 30-min call to assess our mutual fit, discuss your goals at a high level, address your initial questions and talk through potential next steps. If you choose to engage with Sage Financial for planning services after this meeting, you will be emailed our Form ADV 2a and 2b (per state compliance) as well as a Financial Planning Agreement outlining in detail our planning process and expectations, conflicts of interest, disclosures, and estimated costs. Upon signing the FPA, a request for your financial documents will be subsequently emailed and half of the expected planning fees will be due for payment. Discovery Meeting The framework for our collaborative planning process, together we’ll assess your current financial situation and dive into your short- and long-term goals, needs, and concerns. This includes talking through your historical relationship w...

The financial planning governing body, the CFP® Board , sets a planning process standard to ensure that planners provide optimal value for our clients.  Here is their outlined process: Understand client situation Qualitative factors e.g. client health, life expectancy, family circumstances, values, attitudes, expectations, earning potential, risk tolerance, goals, needs, priorities, and current course of action and trajectory. Quantitative factors e.g. client age, dependents, other professional advisors, income, expenses, cash flow, savings, assets, liabilities, available resources, liquidity, taxes, employee benefits, government benefits, insurance coverage, estate plans, education and retirement accounts and benefits, and risk capacity. Identify and select goals Short-term goals Long-term goals Objectives and priorities along the way Extenuating circumstances impacting goal planning, e.g. divorce, caring for family members, experiencing hardship, death in the family, etc. An...