The EnVision Process - Are You Ready To Move Forward?

Client Engagement Meeting

In the engagement meeting, I will explain the scope of services as well as the client’s responsibilities during the planning process. If moving forward with a formal financial plan, a fee agreement will be completed, and a financial fee agreed upon. During the meeting, I will:

Identify your objectives
Get a general understanding of your current financial situation
Explain our approach or process
Obtain commitment to implement plan
Review next steps and schedule data gathering session
Send document checklist for data gathering meeting

Client Data Gathering

The data gathering stage is a critical step in the planning process. This is where I gather key financial data such as investment statements, copies of tax returns, will, income, balance sheets, accounting records, and expense information. The backbone of any financial plan is accurate and comprehensive data. During the meeting I will:

Review client goals and objectives
Complete a fact finder
Verify key data from documents
Reiterate need to implement a plan
Review next steps and schedule strategy session

Client Strategy Session

The strategy meeting is the client’s opportunity to prioritize objectives and begin the discussion of potential strategies and solutions. During the meeting I will:

Confirm goals and verify key data
Go over initial plan conclusions
Discuss possible strategies and solutions
Review next steps and schedule plan presentation session

Client Plan Presentation & Implementation¹

The plan presentation meeting is where I deliver the financial plan to include:

Written recommendations and action plan
Components of the financial plan and key plan reports
Implementation of plan and next steps

Client Annual Review ²

The client annual review meeting is a best practice that occurs annually or more frequently. This is when I review our implementation of the plan and assess how the plan is proceeding. In addition, the review will go over the most recent plan and needed updates. The following is reviewed and discussed:

Client objectives
Changes to the client’s personal and/or financial situation
Possible plan updates and paperwork
Next steps

You have a choice to implement the recommendations in your financial plan on your own, with your Financial Planner or through another financial services professional. If you choose to implement your plan with your Financial Planner, he or she may sell other services and products to you in his or her capacities as (i) an investment advisor representative (“Advisory Representative”), (ii) registered representative of Pruco Securities, LLC, and/or (iii) a licensed insurance agent of Prudential (collectively “Prudential Representative”.)
You should review your progress towards goals periodically.