Comprehensive Planning Process
HiPac Financial follows a meticulous process, designed to assess your situation, goals,
and level of risk tolerance. Once understood, we can make appropriate recommendations to
meet your needs. Everyone is different and HiPac Financial will adjust our approach to suit
you, but in general, we utilize the following process to help those we are privileged enough
to serve.
Step 1: Review
Review your individual situation and personal objectives. Everyone’s
financial situation is unique. Understanding a client’s background information and
financial goals are vital. HiPac Financial can provide more precise recommendations once
we get to know you. As a result, we will take some time to discuss your hopes, dreams
and objectives; the things that really matter to you. This is the basis of the first
meeting with all our clients.
Step 2: Analyze
Analyze and review your needs. After getting to know you, we will
work with you to identify and prioritize your objectives, and then help establish
benchmark targets. This is necessary in a world of unlimited choices. People often fail
to achieve their objectives because they try to accomplish too much at once, or they
don’t attach specific deadlines to their goals. By breaking down your aspirations into
specific objectives, you can look at available resources and decide which goals are
realistic, which need to be adjusted, scaled down, or simply abandoned.
Step 3: Develop
Develop and implement a strategy to help you achieve your goals.
Based on our conversations and analysis, HiPac Financial can create and recommend the
steps it will take to help you achieve your financial goals.
Step 4: Coordinate
Coordinate your financial activities. HiPac Financial regularly
coordinates insurance and financial activities for clients with the other members of
their team including financial, tax and legal advisers. We will happily do the same for
you.
Step 5: Implement
Implement your strategy. HiPac Financial will work closely with you
and your other third-party professionals to set your plans into motion, getting you
another step closer to your financial goals.
Step 6: Monitor
Monitor the status and progress of your strategy. Planning is not a
one-shot deal. Strategies need to be adjusted as your life and the economy changes. We
will work with you to help keep your program on track with your changing needs.
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