Financial Planning Services Overview

Peace of Mind Review

The Peace of Mind Review is a short term engagement with Favored that provides powerful insight into your current financial position.  The review includes:

  • Addressing your most pressing financial concern
  • Analysis of information on file with the Internal Revenue Service (IRS)
  • Discussion of your progress toward achieving the Five Fundamentals of Fiscal Fitness
  • Current asset allocation and investment location for tax efficiency
  • Analysis of net worth and evaluation of progress relative to life-cycle benchmarks
  • Review of current investment portfolio
Standard Financial Planning

The Standard Financial Planning and Investment Management engagement is a deep dive into your finances through comprehensive financial planning.  We meet every 2 – 3 months addressing each piece of your financial picture. We cover the following topics along with any additional financial concerns that should arise during the engagement:

  • Goal setting
  • Portfolio analysis
  • Insurance review
  • Estate Planning
  • Budgeting
  • Investment Strategy
  • Employer benefits review (including retirement plan analysis)
  • Tax Planning and Preparation