Personalized Financial Planning

Financial planning is a broad topic that covers vast areas of your financial life. Through our personalized approach, we’ll work with you to uncover what’s important to you and help get you on track to achieve your goals.

A sound financial plan is all-encompassing and caters to every single one of your financial needs – from protection planning to wealth management. We provide guidance throughout every phase of your professional and personal journey, starting from training and extending to retirement and estate planning.

FINANCIAL PLANNING PROCESS TIMELINE

From start to finish our financial planning process typically takes 6-8 weeks depending on scheduling availability.

00
BEFORE THE MEETING

Get to Know You

(20-30 mins)
01
DAY

Determine What is Important to You & Gather Your Information

(90 mins)
20
DAY

Review Your
Information

(15-30 mins)
50
DAY

Summarize the Analysis & Outline Recommendations

(30-45 mins)
60
DAY

Discuss Key Topics & Assign Action Items to Implement Your Plan

(90-120 mins)
00
90-120 Days Later

Check In on
Action Items

(60 mins)
00
At Least Annually

Track Your
Progress

(60-90 mins)

Get to Know You

Understand Your Questions Call: Before establishing our ongoing relationship, we want to ensure that SDT is the right fit for your needs. Through a casual conversation, we will ask you questions and help answer your questions to see what next steps are most appropriate. If financial planning seems to be the right fit, we will schedule a Goal Setting and Data Gathering meeting.

Determine What is Important to You & Gather Your Information

Goal Setting & Data Gathering Meeting: During this meeting, we want to hear about the things that are important to you and that you wish to achieve both personally and financially. We also want to hear about the things that keep you up at night. Then, assuming you are well positioned financially and ready to engage, we will send you our formal engagement for signature and begin the process of creating your financial plan.

Review Your
Information

Data Confirmation Call: We will provide a detailed checklist of information to securely upload that will help us to begin analyzing your financial plan. Next, we collect your documents, create an inventory, and review your information to ensure no stones are left unturned. Then, through a follow-up phone call, we will ask new questions based on our review to ensure we understand the what and the why of your past financial decisions.

Summarize the Analysis & Outline Recommendations

Review of Findings Call: After analyzing your information and outlining our recommendations, we want to confirm we are on the same page and help set our agenda for the strategy meeting. At this stage, we will give you a high-level overview of the analysis to use your time most efficiently during the strategy meeting.

Discuss Key Topics & Assign Action Items to Implement Your Plan

Strategy Meeting: During this meeting, we will start by reviewing the financial plan reports on topics such as Net Worth, Cash Flow, Taxes, Protection Planning, College Planning, Retirement Planning, and Estate Planning. By the end of the meeting, we will assign action steps for you and for us to start putting your plan into action. Because of the amount of information being reviewed, this meeting is often divided into two separate sessions.

Check In on
Action Items

Status Check-In Meeting: Since the strategy meeting can easily create dozens of action steps for you and us, it is helpful to regroup six to eight weeks after the strategy meeting. During this meeting, we will gather updates from our last meeting, list out any unfinished items, and provide you with a brief tutorial of our online client portal.

Track Your
Progress

Progress Meeting: At least annually, we will collect updated information from you to chart the progress you have made. In addition, we will review your goals, make updates, incorporate external changes (e.g., tax laws, investment markets) and make recommendations to help you stay on track for what is most important to you.

The 6 Money Decisions®

We have discovered in life there are six money decisions people encounter.

We help you develop a plan to build wealth by making smart decisions around these six categories that a financial plan needs.

Tiers for Our Financial Planning Services:

Foundation & Transition Planning™

$1,800 - $3,000 annually

In the early stages of your career, we help you transition into practice and establish short-term goals, including cash flow analysis, home purchases, student loan repayment strategies, and protection needs, while also building a solid foundation for your financial situation as it grows and develops.

  • Financial Organization
  • Student Loan Analysis
  • Insurance & Benefits Review
  • Home Buying & Financing
  • Investment Strategy
  • College Planning
  • Tax Planning
  • Practice & Surgery Center Buy-Ins
  • Contract Review
  • Basic Estate Planning

Comprehensive Planning

$3,000 - $7,800 annually

When your financial scenario becomes more complex, we take a comprehensive approach to incorporate more advanced financial strategies.

Includes Foundation & Transition Planning™:

  • Advanced Tax Planning
  • Practice Ownership
  • Equity Compensation
  • Strategic Borrowing
  • Charitable Giving
  • Trust & Legacy Planning
  • Real Estate Investments

Retirement & Legacy Planning

$1,800 - $4,800 annually

As you look ahead at retirement, we help you create a sound strategy for lifetime income. Some want help balancing their income needs, tax liability, and concerns about the future. Many begin to think about their legacy and their impact on family and the community around them.

  • Social Security Planning
  • Medicare Planning
  • Retirement Expense Analysis
  • Distribution Strategies
  • Guaranteed Income
  • Insurance Review
  • Legacy Planning
  • Tax Planning

Private Wealth Services

$12,000 - $30,000+ annually

This service is designed for busy professionals and families with over $10 million of investable wealth who desire a central point of contact with frequent touch points.

  • Cash Flow Planning
  • Advanced Tax Planning
  • Strategic Borrowing
  • Wealth Management
  • Business Succession Planning
  • Estate Tax Planning
  • Insurance Planning
  • Trust & Legacy Planning
  • Family Governance
  • Philanthropic Giving

How to Get Started with SDT

Financial planning can seem intimidating, so we keep the getting-to-know-you process simple and efficient. After you contact us, one of our advisors will schedule a brief phone call to answer your questions and ensure it's worth moving forward. From there, they'll lay out the schedule of meetings, conversations, or Zoom sessions to provide education, analyze your information, and strategize the right plan for you and your family.

Ready?
Let's Connect

 

 

Checklist: 5 Steps to Organize Your Finances

Having a financial plan leads to making better money decisions, financial stability, and peace of mind. However, according to debt.com, only 30% of Americans have a financial plan in place. 

We have compiled a list of key questions to help get you started organizing your finances. This checklist will help you determine your financial goals, and create a plan to get there. 

Get Your Personal Cash Flow Worksheet

Why does your cash flow matter, and how might you use it? The in and outflow of cash is an essential component of personal finance. It’s the fuel that powers change within your net worth. Understanding your cash flow will allow you to
better understand the opportunities within your financial situation or the deficiencies that exist.

Cash flow is almost always the differentiator
between a healthy and unhealthy financial situation. Get your free spreadsheet to start assessing your flow of wealth. 

They care about you as a whole - it’s not just financial planning. I’ve told many people about SDT because having a plan has saved us so many times. It has given us more financial freedom, allowing us to be smarter on the front end to be able to plan for the future.

- Dr. Megan, SDT Client

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Let’s Talk

There’s no time like the present to start planning your financial future.

Schedule a complimentary 15-minute call as a first step. Complete the form and one of our advisors will be in touch.