Integrated Wealth Management is an ongoing, solutions-oriented process designed to identify and support the ever-evolving goals and objectives of clients. Each of the six steps is critical to providing peace of mind in the present, for the future.
1. The Partnership Formula:
The first stage of our process is to get to know one another. The Right Fit Advantage ascertains whether moving forward with Davies & Mahnke will provide value for you, your family and your business. We want to understand your goals and objectives. We strongly believe when both parties’ long-term expectations align, a strong foundation and trusted partnership begin to form.
2. The Family Blueprint:
At this point we begin our discovery review. Each client has their own unique set of circumstances, needs, and vision for the future. The review process explores the details of your current financial position in the context of your future goals and objectives. We model your Blueprint on our 10 Step Planning Worksheet which addresses the key aspects of an integrated and comprehensive financial plan.
3. The Solutions Template:
Our goal at this stage is to introduce integrated strategy concepts relevant to your unique Family Blueprint, goals and objectives. We outline preliminary options and solutions that will continue to be refined as we move forward. Often our Solutions Template involves additional recommended planning options for you to consider in the form of our Personal Financial Analysis. This document creates stress-tested scenario comparisons to offer a quantifiable value when we recommend changes to the current picture.
4. The Integration Formula:
Next, we implement the strategies from the chosen options agreed upon in the Solutions Template. Our team will outline the administrative process and provide you with a timeline for the implementation of various strategies. We will often work closely with clients’ own accounting and legal counsel to create a cohesive strategy. An important aspect of our service model involves completing all transactions in an accurate and efficient manner.
5. The Continuity Principle:
After implementing your plan, monitoring its effectiveness is critical in an ever-changing environment that requires navigation of constant evolution in legislation, technology, and industry. We take pride in our service model. Our team’s ongoing proactive reviews focus on your desired results and adapt to changes in your goals and objectives over time. We recognize that life events can be unexpected and we expect to make adjustments and adopt new strategies to reposition your plan accordingly. Continuing our dialogue is key as we navigate many ever-evolving circumstances.
6. The Lifetime Expander:
Based on your individual goals, we continuously look far into the future to explore the opportunity for multigenerational wealth transfer, philanthropy, and succession planning. Our goal is to simplify the process for you and your family now and to provide support and direction during times of emotional turmoil. Our multigenerational office structure allows us to offer the benefits of cohesive services to each member of your family, regardless of current life stage.