Many successful people have spent a lifetime in the diligent pursuit of financial accomplishment and yet find that peace of mind still escapes them. As a matter of fact, rather than the freedom and flexibility that they envisioned, the accumulation of wealth has seemingly made their lives more complex and stressful. Others may be in the very early stage of their practice or small business and need help sorting through the maze of financial products and conflicting advice that abounds in today’s world.
The WealthGuide Process™ is a structured, three stage process whereby the client’s financial objectives and various personal goals are identified and integrated into an action plan. The process gives thoughtful attention to tax and estate planning, cash flow management, asset management and liquidity needs, in order to build a secure financial future.
Just like planning, monitoring your progress is a critical (but often ignored) component of attaining financial independence. Our WealthGuide Process™ is designed to enable you to relax and enjoy the financial security and peace of mind that seem so evasive today.
The WealthGuide Process™ begins by getting to know you, both personally and financially. We take the time to truly understand your goals and objectives, current financial condition, risk tolerance and time horizon among other important issues. While some clients have given much thought to these issues, others have not. If you feel ill-equipped to address these issues, don’t worry; our Certified Financial Planner™ professionals are prepared to start from scratch and guide you successfully through the planning and investment process.
One of the most important benefits of our WealthGuide Process™ is the fact that we “stress test” your financial plan for reasonableness and probability of success. Beaird Harris’s proprietary WealthGuide Planner™ is one of the most sophisticated retirement planning tools in the industry. Where traditional software programs are often overly simplistic, or designed to support the sale of various financial products as a “solution to your problem,” WealthGuide Planner™ was developed by Beaird Harris for exclusive use with our clients in our planning process.
Traditional planning software all too often produces an incomplete or biased result. In contrast, WealthGuide Planner™ uses multiple criteria to “stress test” your plan, including Projected Investment Portfolio Analysis, Projected Cash Flow, Alternate Scenario Planning, and Monte Carlo Analysis. In much the same way that a medical stress test is designed to reveal latent problems with your heart, the stress test features of WealthGuide Planner™ are designed to reveal potential problems in your financial plan. It includes multiple “what if” scenarios to identify suspect areas, both in the accumulation phase of your life, as well as the income distribution phase, which typically begins at retirement.
Whether you're saving for retirement, planning for college, or protecting your hard-earned assets, our wealth managers will work with you to build a financial plan consistent with your needs and vision. Our structured and disciplined investment philosophy can help you maximize your wealth over time while providing protection from undue risk.
Just as you would check your roadmap on a journey from New York to California, we will check the progress of your financial journey. It is commonly said that people spend more time planning their two week vacation than planning their financial future. For most clients, there will be no shortcuts. It will take planning and hard work to build financial security. Timeless virtues like hard work, living beneath your means, delayed gratification and planning for unexpected financial “bumps” along the way will be necessary. We believe it all starts with an experienced financial advisor who puts your interests ahead of their own (a fiduciary).
We are dedicated to helping you maximize your assets, enhance the quality of your life and realize your personal and financial goals. Having an integrative plan and an advisor to monitor that plan will be an important key to achieving your financial goals. We also understand that “life” happens and your personal circumstances can and will change. If your situation takes a dramatic turn, we will be there to understand the event and incorporate it into your plan.
At Beaird Harris, communication is of the highest priority. Along with unlimited consultation with your advisor, we also provide consolidated performance reporting on a quarterly basis. Our periodic client meetings serve as investment portfolio reviews and “financial check-ups,” as part of the WealthGuide Process™. You will also understand the science of investment management and why that knowledge is important to the successful management of your financial resources. The end result of the planning process is a well-structured, tax-efficient investment portfolio that is clearly aligned with your personal goals and vision.
If you are like most of our clients, you intuitively know that there is no free lunch; that risk and return are directly related. You may also realize that you need the expertise of an experienced, fee-only fiduciary advisor who puts your interests first. While we know there are no guarantees in life, the WealthGuide Process™ is designed to provide the security and peace of mind that seems so evasive. We believe that a well-crafted financial plan, coupled with prudent investment management, should enable you to relax and enjoy a lifetime of hard work and accomplishment.
Plan. Build. Relax.™ with Beaird Harris Wealth Management, Inc..