Step 1: Discovery
This is where we learn about you, your family and your goals. We seek to really understand you, your concerns and your vision of the future. We’ll combine the particulars of your financial situation with a deeper understanding of your personal philosophy and history in a fun, interactive conversation. We promise to never send you a questionnaire or ask you to fill out a stack of blank forms. Like everything at Cambria Wealth, our Discovery process is designed to make you feel comfortable and connected as we build this path together.
Step 2: Plan Design
This is where we take the details from your Discovery meeting and bring them to life. Our lead financial planner, Justin Rees, has the unique skill of blending the complex technicalities of the planning process with the creative and emotional aspects of the way life is really lived. Justin is an expert at designing a high-level strategy that is tailored to your goals and curating the details to your particular situation - built around your specific account structure, tax strategy, life and legacy goals, and coordination with other professionals and family stakeholders. Justin’s vision for your plan will show Cambria Wealth’s overarching principle of client-centric planning, always focused on your best interests.
Step 3: Collaboration and Approval
Once the Plan Design process is complete, we will re-convene to present and discuss our preliminary ideas and concepts. This is always a collaborative process with you, the client. After all, it’s your path; we’re here to walk alongside you as we travel it together. We will discuss the steps we recommend to best pursue your goals, and will cover all aspects of the plan implementation process. We take great care to explain the steps involved and what you can expect going forward – life has enough surprises already, we don’t believe the planning process should introduce any more. As we present the plan, you are encouraged to ask questions and make suggestions… this is a collaborative process and we won’t finalize the plan until you’re confident that it encompasses your goals and objectives and exceeds your expectations.
Step 4: Implementation
After approval of the plan and strategy, we set in motion the process of implementing the initiation of the plan, including establishing the future monitoring and adjustment process. This step typically involves scheduling distribution or savings strategies, reallocation of accounts and coordination with other professionals for your tax, insurance and/or estate planning. We stay in contact with you each step of the way and you have full visibility of your portfolio and plan as it materializes.
Step 5: Monitoring and Adjustment
At Cambria Wealth, we know planning is not a one-step process. Even the best designed plans need to be monitored and adjusted to stay on track. Life is uncertain, but your contact schedule and regular communication from us won’t be! Our disciplined and pro-active review process ensures that you stay updated on developments in your portfolio, the economy and financial markets – and that we are aware of any changes in your life and financial situation. We are there to celebrate the milestones with you and your family and we will adjust the plan and investment strategy for any unexpected challenges along the way. We believe that proper planning doesn’t seek to avoid the inevitable changes that occur in life, but rather it provides you with the confidence to know that you and your advisor will handle them with care and diligence when they occur.