FInancial Planning

Impact Advisors Group believes that one of the key objectives of financial planning is to equip clients to make important financial decisions from a position of confidence.  We believe that the ability to make decisions from a position of confidence improves the odds of achieving the desired outcome.  

World War II leader and U.S. President Dwight D. Eisenhower made a paradoxical statement about preparation when he claimed that "Plans are useless, but planning is indispensable."  

We don't believe that Financial Plans are useless, but we do believe that the real value and impact comes from the financial planning process itself.   We believe that by engaging in the financial planning process, clients will enhance their ability to confidently make important decisions and therefore improve their odds of achieving a desirable outcome for their family, for their business, and for themselves.  

According the the Certified Financial Planning Board, the financial planning process has 7 distinct steps. 

1. Understand the client's personal and financial circumstances. 
2. Identify and selecting goals.
3. Analyze the client's current course of action and potential alternative courses of action.
4. Develop the financial planning recommendations.
5. Present the financial planning recommendations.
6. Implement the financial planning recommendations.
7. Monitoring progress and updating the plan.