On-Going Planning following initial year

On-Going Planning Retainer

PERSONAL PLANNING SERVICES

Subscription Based Planning for year 2 and beyond

Financial planning has historically been a transactional experience rather than a consultative one. As the industry developed, many planners began offering fee-based financial plans that were advice-focused and product agnostic. The shift toward this fee for advice model was a major step forward and we want all clients to have access to this service.

Questions to Consider

Before we continue, consider the following

ONGOING ADVICE

Do I want to receive ongoing financial advice, or do I want help purchasing a specific product?

PROFESSIONAL HELP

Am I comfortable coordinating and organizing all aspects of my financial picture on my own or would I like help from a professional?

INFORMED PROCESS

Do I have the time, energy, and knowledge to manage my finances or would I prefer to leverage a financial professional's process and advice?

What is Subscription Planning?

Monthly fee-based subscription planning gives you access to ongoing financial advice and guidance from a financial professional. The planning engagement is specific to your goals and current financial situation. Your planning subscription fee pays for the advice you receive, and the advice is product agnostic. In fact, the advice can be implemented through your advisor with Consolidated Planning, on your own, or even with another company.

Subscription planning breaks down your planning fee into manageable monthly payments while also ensuring that planning is ongoing and not a one-time event. You and your advisor will continue to monitor progress and optimize your plan to help ensure you stay aligned with your goals.

Sucscription Planning

What Does the Plan Include?

We will use our resources and planning process to help optimize the four key domains in your financial world.

Assets

Your assets are the things you own like your house, car, savings, and investments. Each has its purpose and place. Your advisor will guide you on how to coordinate and grow your assets in line with your long term and short term goals.

Liabilities

Liabilities are things you owe like mortgages, student loans, consumer debt, credit cards, and deferred taxes. Your advisor will guide you on how to work towards leveraging debt and eliminating bad debt.

Protection

Protection includes your life, disability, health, and other insurance coverages. Your advisor will help you protect what you have today and help ensure your cash flow continues even if the unexpected happens.

Cash Flow

Your cash flow is all of the income that flows into your life. Cash flow drives everything in your financial world and your advisor will work with you to help apply it to strategies that align with your overall financial goals.

Subscription Planning with Harvest Wealth Advisors

The financial planning industry has changed since Benton Penn, our president and founder started in the business in the 1990s The principles of our planning philosophy have remained tried and true, but we realize that offering new ways to work with us is essential to continue providing quality advice and a personalized client experience. Our monthly fee based subscription planning service is an affordable way for you to engage with Benton to receive ongoing guidance based on a time tested process for creating balanced financial outcomes.

He starts by understanding where you are today and what you hope to get out of working together. He’ll draft an engagement letter and outline a plan for ongoing work with specific understanding about what is expected by all parties in the process. He will organize your complete financial picture and will populate a secure, personalized website with your financial data to provide ongoing, up-to-date snapshots of your finances that will serve as the basis for working together. Together, you’ll work to achieve your financial goals and monitor progress with a focus on optimizing cash flow, reducing taxes, and minimizing risk.