Our Planning Process

We believe financial planning should be an open, collaborative and continuous process, consisting of identifying financial goals, developing a plan for achieving them, and monitoring progress along the way. Circumstances invariably change, but we are committed to being with you throughout your journey. Below is a brief overview the steps we take in our approach to financial planning. 


 
  Step 1: DISCOVERY   Step 1 is all about collaboration. We discuss priorities, goals, financial status, and try to resolve questions about the path forward. Importantly, this is also when we can fully describe the capabilities and tenets of the Thompson Davis & Co. platform.

Step 1: DISCOVERY

Step 1 is all about collaboration. We discuss priorities, goals, financial status, and try to resolve questions about the path forward. Importantly, this is also when we can fully describe the capabilities and tenets of the Thompson Davis & Co. platform.

 
 
  Step 2: QUANTIFYING GOALS   Step 2 is where we advance from a theoretical conversation to the real world. Setting goals and discussing priorities are necessary, but whether you are on the right path is another question. For example, are you on track to attain your retirement objectives for income and lifestyle preservation? We help to not only set these objectives but also determine the appropriate risk and return parameters for success.

Step 2: QUANTIFYING GOALS

Step 2 is where we advance from a theoretical conversation to the real world. Setting goals and discussing priorities are necessary, but whether you are on the right path is another question. For example, are you on track to attain your retirement objectives for income and lifestyle preservation? We help to not only set these objectives but also determine the appropriate risk and return parameters for success.

 
 
  Step 3: PLAN DEVELOPMENT   Step 3 is where we develop a plan that is focused on your needs and goals. We employ sophisticated financial planning software to run projections along with a risk analysis overlay. We have a variety of investment solutions that we can employ in developing an appropriate, low-cost plan.

Step 3: PLAN DEVELOPMENT

Step 3 is where we develop a plan that is focused on your needs and goals. We employ sophisticated financial planning software to run projections along with a risk analysis overlay. We have a variety of investment solutions that we can employ in developing an appropriate, low-cost plan.

 
 
  Step 4: PLAN REVIEW   Step 4 is the final review before plan implementation. We will go over our recommended course of action to confirm that it aligns with your objectives. It is important that you leave this session feeling confident about the plan, as it will be the foundation for maintaining discipline and achieving your financial goals.

Step 4: PLAN REVIEW

Step 4 is the final review before plan implementation. We will go over our recommended course of action to confirm that it aligns with your objectives. It is important that you leave this session feeling confident about the plan, as it will be the foundation for maintaining discipline and achieving your financial goals.

 
 
  Step 5: IMPLEMENT AND MONITOR   Step 5 is all about execution of opening new accounts, transitioning existing accounts to Thompson Davis & Co. if necessary, and executing required transactions. That said, if not monitored properly, a financial plan can drift from its intended purpose Consistent monitoring and adjustments are needed to coincide with life changes and market shifts. With regular contact, strategy sessions, and ongoing education, we know our work has just begun.

Step 5: IMPLEMENT AND MONITOR

Step 5 is all about execution of opening new accounts, transitioning existing accounts to Thompson Davis & Co. if necessary, and executing required transactions. That said, if not monitored properly, a financial plan can drift from its intended purpose Consistent monitoring and adjustments are needed to coincide with life changes and market shifts. With regular contact, strategy sessions, and ongoing education, we know our work has just begun.

 

Ready to begin your journey?