Discovering Your Life & Objectives
The foundation of your financial plan is based on your goals and objectives. Premier Wealth Management, LLC’s role is to understand and help with the formulation and crystallization of these goals and objectives, thereby making them more specific, achievable, and measurable. Your hopes and dreams as well as your risk tolerance, fears and concerns are explored during the in-depth interviews as part of the first step in preparing your financial plan.
Analyzing Your Current Situation
The more we learn from your various documents: tax returns, investments, wills, trusts, business agreements, budget, etc., the more complete will be our understanding of your situation. After a careful review and analysis, we develop an economic model of your current situation and project your cash flow and tax liability over an agreed upon period. We then review this information and your goals and objectives with you, noting any additions or changes.
Recommending Your Strategies
Decisions should be made from alternatives. Our role is both to identify and diagnose financial problems and then to research and develop viable alternatives. We will make specific recommendations based on our understanding of your current situation and your goals and objectives. All recommendations are discussed and explained thoroughly.
Implementing Your Plan
No plan can be achieved without taking deliberate action. The critical element is your commitment to making a decision and our role is to translate your decisions into action. This action may involve an ongoing coordination effort with your other advisors: an attorney for new wills/trusts or business agreements; a CPA for income tax changes, etc.
Because Premier Wealth Management, LLC is a fee-only firm, we never receive a commission from your investments. In some cases, insurance products may be used to solve specific problems or issues. In that case, Premier Life Planning would receive a commission, which is paid by the insurance carrier, not by you. In our opinion, full disclosure helps to reduce conflicts of interest with our clients and allows us to serve as a fiduciary for your investments and put your needs and interests first in every situation.
We follow through with regular reviews of achievements and assessments of what needs to be done as part of recommended implementations, keeping you on track.
Continuously Providing Service
We live with constant change. There are changes in the environment – tax laws, economic factors, and changes in your situation – goals, objectives, personal circumstances, etc. To help you control your financial destiny, it is vital for us to constantly monitor these changes and the effects on your financial situation and to provide advice and guidance on an ongoing basis.
Gary L. Wright and Premier Wealth Management, LLC does not provide tax and/or legal advice, but will work with your attorney or independent tax or legal advisor.