Comprehensive Planning Process

The holistic financial plan is an integrated approach to coordinating all key areas of your
financial life, including:

• Investments
• Insurance
• Tax planning
• Social Security strategies
• Medicare 
• Estate planning

The comprehensive advisors at Kingwood Investment Group will regularly review each
of these areas with the appropriate team members to ensure everything is working
together in synergy towards your specific goals.

The ultra-high net worth investors have had the benefit of coordinated financial planning for years; however, the middle class and middle-class millionaires who need holistic planning the most, unfortunately, have not benefited from this same level of service. Being the most vulnerable to economic and legislative changes, the stakes are considerably higher with the risk of running out of money due to poor planning, particularly in retirement.
By creating the holistic plan, you will optimize all assets to work collectively towards your goals, while also reducing critical inefficiencies, including:

• Gaps in coverage
• Overlap or overexposure in investments
• Tax inefficiencies and missed savings opportunities
• Failure to identify and reach your goals to provide the income you need throughout your lifetime
• Time and communication disconnect as you work to align various strategies between professionals
• Improper or inconsistent investment strategies, or
• Missing essential legal documents that can cost your loved ones significant time and money in the event of death or disability

To cover the many areas and attributes of a comprehensive plan, we have developed a systematic four-step process to avoid critical oversights when working to create and maintain your financial plan:

Step 1: UNDERSTANDING WHERE YOU ARE NOW

• Getting to know our firm
• Understanding your goals and objectives
• Understanding your current finances
• Services we offer to meet your needs
• Taking action on organizing your financial life and goals

Step 2: DETERMINING WHERE YOU WANT TO GO

• Organizing your financial life & estate
• Understanding your net worth
• Prioritizing your goals & objectives
• Developing a plan for implementation

Step 3: ACHIEVING THE HOLISTIC PLAN

• Recap progress we’ve made
• Designing your customized Bucket Plan
• Aligning your market volatility tolerance with your plan
• Recommendations provided
• Implementing your plan

Step 4: PROVIDING CONTINUAL SERVICES & SUPPORT

• Ongoing consultation
• Customized review process
• Annual plan update meeting
• Proactive communication & education
• Limitless availability