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The Holistic Planning Process

What is a Holistic Plan?

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

The holistic advisor at Rincon Financial Group, LLC will regularly review each of these areas with the appropriately licensed team members to ensure everything is working together in synergy towards your specific goals.

Why Do I Need a Holistic Plan?

Ultra-high net worth investors have had the benefit of coordinated financial planning for years.  Unfortunately, the middle class and middle-class millionaires, who need holistic planning the most, have not enjoyed the same level of service. The middle class is particularly vulnerable to economic and legislative changes, and insufficient planning can lead to running out of money in retirement.

By creating the holistic plan, you will optimize all assets to work collectively towards your goals, while also reducing critical inefficiencies and risk exposures, including:

  • Gaps in coverage
  • Overlap or overexposure in investments
  • Tax inefficiencies and missed savings opportunities
  • Failure to identify and reach your goals for providing an income stream that lasts throughout your lifetime
  • Time and communication disconnect as you work to align various strategies between professionals
  • Overly risky or inconsistent investment strategies
  • Missing essential legal documents that can cost your loved one’s significant time and money in the event of death or disability

What’s The Process For Creating My Holistic Plan?

To cover the many areas and attributes of a holistic 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 and 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
  • Client appreciation events
  • Limitless availability

Request a Consultation

Have questions? Call us at (520) 200-4032