Financial Planning Menu of Services
Weyers McKeever Financial Partners provides a variety of financial planning services. Your financial advisor will work with you to determine which is best for your unique circumstances.
There are three different categories of hourly financial planning services, which vary in complexity and cost.
In order from the simplest to the most complex:
- Asset Allocation: Create a simple or detailed Asset Allocation assessment to review your current asset allocation, establish your risk tolerance and create a proposed allocation. Compare your current allocation to the proposed allocation. The areas that are covered in the plan are:
- Analysis of Current Asset Allocation
- Asset Allocation Recommendation
Information needed from Client: Risk profile questionnaire and listing of all current investment and savings accounts, both qualified and non-qualified.
Estimated time to prepare: 2 to 3 hours
Estimate Total Cost of Plan: $500
- Financial Needs Assessment: Basic needs assessment to identify your current financial situation and to clearly illustrate what is required to meet your goals. This is meant to be a checkup of your financial standing. The areas that can be covered in the plan are:
- Current Financial Position/Net Worth
- Retirement (optional)*
- Education (optional)*
- Major Purchase Objective (optional)*
- Insurance (optional)*
*Must choose one or more of the options
Information Needed from the Client: Listing of all current investment and savings accounts and savings strategies, and the assumed return rate; listing of all current expenses and expenses expected in retirement; listing of current income, projected retirement income (such as pension or Social Security), and projected income needed at retirement; current and expected tax rates; and employee benefits provided through employers.
Estimated time to prepare: 3 to 10 hours
Estimate Total Cost of Plan: $500 to $1,500
- Financial Needs Analysis: A comprehensive analysis of your asset allocation, as well as a wide variety of planning topics, at a very detailed level. Depending on what topics you plan to address, not all sections may be utilized. The areas that can be covered in the plan are:
- Current Financial Position/Net Worth
- Asset Allocation
- Social Security Analysis
- Cash Flow Analysis
- Retirement (optional)*
- Education (optional)*
- Major Purchase Objective (optional)*
- Insurance (optional)*
- Estate Planning (optional)*
- Monte Carlo Probability Analyses on Goals Covered
*Must choose one or more of the options
Information Needed from the Client: Listing of all savings accounts and savings strategies, along with current statements; listing of all current expenses and expenses expected in retirement; listing of current income and retirement income sources (such as pension or Social Security), and projected income needed at retirement; listing of any active insurance policies, along with current statements; current and expected tax rates; and employee benefits provided through employers. There is typically some correspondence with the client during plan data input in order to ensure accuracy of information in the final plan product.
Estimated time to prepare: 10 to 24 hours
Estimate Total Cost of Plan: $1,500 to $5,000
Financial Planning Grid of Services
Consultation | Planning | Asset Management | Decision Support | Tax Review* | |
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Planning & Goal Setting |
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Risk Management |
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Employee Benefits |
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Tax Information* |
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Investments |
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Retirement Planning |
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Estate Planning* |
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*We do not offer tax or legal advice. For advice concerning your own situation, please consult with your appropriate professional advisor.
New Client Forms
Confidentiality Agreement TC108392(0619)3
Application Vitals TC111954(0120)3
Document Checklist TC111953(0120)3
Risk Tolerance Questionnaire TC111155(1119)3
Authorization to Release & Obtain Information TC112575(0220)3
Budget Worksheet TC119273(0121)P