Executive Financial Planning
Executive Financial Planning is a service designed specifically to support families with complex planning needs. Our Certified Financial Planners use proprietary planning processes that include, but are not limited to, complex planning frameworks, cash management scenarios, traditional & unique insurance applications, tax planning strategies, and thorough estate planning concepts to simplify our client’s financial life.
Unlike many competitors the clients of C-Suite Planning™ are NOT required to transfer any investment assets to our firm. Instead, clients hire C-Suite Planning™ on an engagement basis with a scope of work clearly outlined ahead of time and for an hourly fee, flat-fee, or monthly retainer.
Pillar 1: Plan, Design, Analysis & Delivery
To build a strong financial plan our team must understand the client’s status quo, their current resources, their current versus future cash flow needs, their comfort with risk, and much more. The desired result at the completion of this Pillar is to outline the strengths and weaknesses of the current plan, then provide a new financial plan aligned with a client’s goals.
Pillar 2: General Financial Planning™
Pillar Two is the start of C-Suite Planning’s 5 Core Pillar Planning Process™. In this Pillar C-Suite Planning’s team breaks down, at a very granular level, a client’s financial health. The desired result at the completion of this Pillar is to better understand what a client should be doing monthly to reduce debt, optimize savings, and fund all goals (i.e. short, intermediate, & long term).
Pillar 3: Insurance Planning™
To protect one’s goals, and family, a detailed assessment of their entire insurance portfolio should be completed at least once every three years. The desired result at the completion of this For Pillar is provide correct coverage levels, compare diﬀerent insurance providers (as needed), and complete underwriting for new insurance (if needed).
Pillar 4: Investment Planning™
Building, managing, and monitoring a portfolio is a very detailed process. Some clients prefer to delegate the responsibility of portfolio management to a professional while others prefer to accept the ongoing management responsibilities themselves. The desired result at the completion of this Pillar is to provide objective and independent research to self-directed clients in order for them to manage their own portfolio(s).
Pillar 5: Tax Planning™
As tax laws change the need to keep up with those changes is paramount. This is why the team at C-Suite Planning™ works with tax professionals to aid us in our tax planning. The desired result at the completion of this Pillar is to have a second, and sometimes third, professional review a client’s tax return and look for opportunities to lower taxes now – or in the future.
Pillar 6: Estate Planning™
The best laid plans can quickly come apart without the proper protection planning. This is why the team at C-Suite Planning™ reviews a client’s estate planning documents and shares potential planning conflicts originating from a disconnect between a client’s financial goals and the language in their documents. The desired result at the Pillar’s conclusion is to provide a client with clarity & action steps (if needed) to align their goals & documents.