Comprehensive Financial Plans

Foundation Planning provides comprehensive financial planning services. We look at all areas of your life and finances in order to create an optimal strategy to help you meet your financial goals and objectives.

We do this by taking the time to meet with you to hear about your hopes and goals for you and your family. Once we establish this foundation, we will gather all of the information needed to put together a comprehensive plan that covers each area we’ve discussed. Once your personalized plan is complete, we will meet again to review it and go over the major aspects it contains and come up with strategies to implement the plan into your life.

In general, a comprehensive financial plan will address any or all of the following areas:

• Cash Flow and Debt Management: We will look at your income vs. expenses and help you get your budget in order (or make one). This includes also looking at strategies for paying down debt (student loans, credit cards etc.) and how much to have in an emergency fund. The foundation for your finances starts here.
• Retirement Planning: It may seem like years and years away or it may be creeping up; either way, we want to help you plan for life after work. Don’t let retirement sneak up on you; be prepared and proactive. If you are in retirement currently, we can help you navigate living off of a fixed income and monitor finances so that you don’t run out.
• Education Planning: Have hopes to pay for your children’s education or further your own? We can help you know how much to save and how to best save so you can provide the very best for your kids and yourself.
• Investment Planning: Looking to buy a house? Want to save for a big trip? We can help you invest money now to save for your future needs and dreams. We will help you come up with an investment plan and asset allocation strategy and monitor it along the way.
• Insurance/Risk Management Planning: Insurance can help give peace of mind and we want to make sure you are properly and adequately covered. We will review your existing insurance policies to ensure that your coverage aligns with your needs and objectives. We may also recommend coverage if there seems to be exposure to a risk that can negatively impact your financial goals. Insurance coverages reviewed and recommended may include: Health, auto, home, life, liability, disability and long-term care
• Income Tax Planning: We all need to pay taxes, but hopefully we can minimize how much and enjoy the fruits of all our hard work. We will try and help you find ways to enjoy more of what you earn.
• Estate Planning: Few people enjoy the topic of death, but no one wants to leave behind a mess should the worst happen. We will help you make sure your affairs are in order for you and your loved ones.
• Business Planning: Looking to start your own business or practice but are overwhelmed, intimidated or unsure of all the details? Want to make your current practice more efficient and optimized? We can help you from knowing how to best structure your business to guiding you with many of the logistics of running one.

Once you have your personalized, comprehensive plan, it’s yours to do what you want with. A comprehensive plan provides a foundation and should not be seen as a static document, but rather a direction that should be adjusted accordingly as life unfolds. If you would like ongoing planning, support and accountability throughout the entire year, check out our ongoing financial planning services.

Local industry fees typically range from $2,500 – $7,500 for financial plans. Our fees for financial plans range from $400-$950 and will be determined by your gross income (pretax income) on your most recent tax return. Below is a chart to give you an idea of what that looks like for you.

Comprehensive Plan Fee Schedule