Personal Financial Planning services
A primary goal of Thomason Financial Services, LLC is to enable clients to take responsibility for their financial future. To achieve this goal, I work with clients to:
- Educate both you and me on your financial goals and priorities, and the investment, tax and financial environment that impacts your goals
- Collect and analyze financial data
- Evaluate financial strategies
- Implement an agreed upon plan
- Monitor performance against the plan
Nothing is more essential to the success of your financial plan than a two way education process. I will ask you, by questionnaires and in meetings, to explain your financial concerns, goals (both short and long term) and priorities. This process will typically require you to consider needs and objectives of other family members and businesses that you may be involved with.
After establishing your prioritized goals as a framework, we will collect the financial data that will begin to fill out your current financial picture. This process can be complex and tedious, but always worthwhile for both of us to understand your situation. I will analyze the financial data, in light of the current financial market environment and current tax laws, educate you about these external factors and recommend strategies to achieve your goals.
I will prepare and make recommendations, for your evaluation, appropriate planning strategies that suit your needs, including:
- Retirement planning
- Education planning
- Elder care planning
- Estate planning
- Life, disability and other insurance planning, and
- Asset allocation planning, to best achieve these goals
After you decide on a plan that works for you, I can help you implement the plan - by recommending or working with a securities broker, insurance agent, attorney or other financial adviser as you choose. Alternatively, I can help you set up securities accounts in your name with direct access brokers (like E*trade, Schwab, etc.). You are in total control of your funds - Thomason Financial Services, LLC does not have custody over any funds or have discretionary authority over any securities accounts.
Once the plan is in place, I will meet with you two separate times within 18 months after the date of the plan - you can choose when we meet. At those points we will monitor the progress of plan implementation and the performance of the plan against your original and any updated goals. Like any other plan, your personal financial plan is a dynamic document that will need adjustment to stay on course. I can also offer you continuous monitoring of your plan as part of my Total Account Management Services.