STEP 1: INITIAL INQUIRY
YOUR RESPONSIBILITIES:
Please be sure to review our website. Upon request, we are also happy to provide a copy of our Form ADV Part 2A brochure, which describes Garrett Investment Advisors, LLC's services, fees and other important disclosures, as well as our Form ADV Part 2B, which provides more specific information about Synergy Financial Planning and Doug Bellfy's educational background and business experience.
If our services appear to fit your needs, we encourage you to contact us to schedule a Complimentary "Get Acquainted Meeting".
STEP 2: COMPLIMENTARY Introductory MEETING
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We will meet with you for a complementary initial session, either in person, over video, or on the phone. At our meeting, we will provide a description of services, philosophies, methodology, and fee structures. It is an opportunity to discuss information about your needs and objectives, to discuss which services are right for you, and to provide you an estimate of the cost of our services. Remember, Synergy Financial Planning does not accept commissions, and instead charges for services on an ongoing hourly, as-needed, or project basis. The purpose of this meeting is to see if we are a good fit for your needs. We will not provide any specific financial advice during this initial meeting.
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At the conclusion of the meeting, decide if you will use our services. If you choose to use our services, we will define the engagement's scope together in writing. We will also provide a list of additional information that we will need to begin formulating your personal financial plan. A portion of the total fee may be due upon committing to the engagement.
STEP 3: DATA GATHERING & INITIAL PREPARATION
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After receiving your information, we will begin to review and develop your custom financial plan. We will prepare initial reports to discuss with you at your next meeting.
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You will need to gather the requested data and complete a secure online questionnaire with a risk tolerance questionnaire and list of needed documents. For maximum safety, you are encouraged to upload these documents via our secure online portal.
STEP 4: INTERACTIVE GOAL SETTING
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Depending on your individual circumstances, this meeting may or may not be necessary. If it is, it can be in person or via teleconference. We will work with you to further discuss and clarify the information you have provided thus far, and to refine your financial goals and objectives. Even if the interim meeting is not needed, we will interact frequently through this part of the process to clarify data, goals and other aspects of the plan. You also are encouraged to ask any questions now or at any time during the process.
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This is another opportunity for you to clarify your current situation, financial goals and objectives, and to discuss with us any additional questions and concerns. We encourage you to bring up any additional questions or concerns you may have. We strongly advise that all decision makers in the family stay involved.
STEP 5: ANALYSIS AND PLAN FORMULATION
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We refine the information you have provided and study various plan scenarios. We conclude the research and analysis, and produce the final reports that include observations, assumptions, specific recommendations, and an action plan for your unique situation.
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The ball is in our court. All you have to do at this point is await your next meeting with us.
STEP 6: PRESENTATION OF YOUR FINANCIAL PLAN
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We review with you your personal financial plan and specific recommendations. We discuss all reports and provide you with a written summary of our observations and specific recommendations. If you are on the ongoing advice or broad based plan, basic implementation assistance is built into the engagement.
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Congratulations! You now hold your personal blueprint custom designed to help you meet your financial goals. You are empowered with specific recommendations to implement your financial plan. If you are on an hourly engagement, you may employ us further to assist you in carrying out that plan.
STEP 7: FINANCIAL CHECKUPS
OUR RESPONSIBILITIES:
Periodic update meetings and reviews are essential to maintain good personal financial health. We can schedule these periodic meetings with you at whatever frequency you think appropriate. If you are on the ongoing advice plan, we will meet at least once per year as part of the monthly fee.
YOUR RESPONSIBILITIES:
Financial planning is an ongoing process, not a one-time event. Proper implementation of a financial plan and periodic professional reviews are crucial to reaching your financial goals. It is important to monitor your financial health. You can engage us to update your financial plan annually to make any necessary adjustments. If you want ongoing assistance with your investments, we can meet more frequently. Flexibility is the key to delivering the service you want and need.
Don’t let any questions go unanswered. That is why we are here.