Building a Personalized Plan… Just for You
Every client is different. No two clients have the same set of circumstances, goals, objectives, or risk tolerance. And as such, no two clients ever have the same investment strategy and portfolio.
We appreciate the variety of needs that each of our clients requires and we welcome the challenge of developing a unique approach that is right for them. No one strategy fits everyone, which is why every client gets our undivided attention—from planning to execution to follow-up.
As a client of Bouchard Wealth Advisors, you won’t hear us talk about our “Model Portfolios” or “Target Allocations”. Instead, we create a customized portfolio approach, individually designed and managed to achieve your unique objectives using our four-step process:
- Getting to Know You — Before we start creating your financial plan, we will discuss topics that are most important to you such as family, community, hobbies, travel and charitable giving. We want to know the complexities of your life and what burdens we can help you alleviate or simply manage better. Through this process, we will ask questions about your dreams and aspirations, as well as your fears and anxieties about money. Together we’ll figure out where you are now, what your goals are, as well as those you have for your legacy, and then we'll figure out how they can be achieved.
- Creating Your Plan — Based on our discussions and our assessment of your situation, we will construct a customized portfolio strategy that is unique to you. Through this process, we will identify where the gaps exist in your investments, insurance, and long-term care needs and then construct the framework for a financial management plan. This process isn't about fitting you into pre-defined asset allocation models, or pre-packaged investment portfolios. It's a ground-up strategy tailored to you and your specific situation and goals.
- Implementation — At this stage, we agree how our recommendations will be carried out. As independent financial advisors, there are no restrictions on the investment vehicles that can be utilized in your plan. And those cases where the needs are beyond our immediate services, we serve as your “financial quarterback” by coordinating our efforts with you and other professionals such as attorneys and accountants.
- Monitoring — Once the overall strategy is in place we will continue to manage the plan’s performance to assist in meeting your financial goals by making tactical changes when necessary. It is our policy to be in contact with you on an agreed upon a regular basis as well as keeping you informed about current market conditions through our weekly e-newsletter. We will also contact you if we believe there is a need to make a change to any of your investments due to corporate, managerial, or market changes.