At Thomson Financial Management, we believe that a comprehensive financial plan is the most important tool our clients have to help accomplish their goals. This is why we consider ourselves to be a “financial planning focused firm” and why we initially engage with clients as a fiduciary in developing a thorough, objective, and unbiased financial plan before inviting them to become an ongoing asset management client. Through our in-depth planning process, we help clients crystallize their goals, intentions, and concerns for today as well as the future. At Thomson Financial Management, financial planning is a dynamic process whereby the plan is reviewed and updated at every meeting to ensure that our client’s financial plans evolve and change as their financial lives change. Some of the many areas that we may address in the financial planning process are:
- Existing investment portfolio analysis
- Retirement Income Planning
- Cashflow Management and Budgeting
- Risk tolerance analysis
- Social Security and Pension Analysis
- Asset Allocation
- Estate Planning
- Long Term Care Planning
- College Funding
- Charitable or Family Gifting
- Multi-Generational Wealth Planning
- Health Care Planning
- Business Succession Planning
- Roth vs Traditional IRA Analysis
