Patton Financial Associates’ 6-step Wealth Management Process

Patton Financial Associates utilizes a 6-step wealth management process. This process is a successful approach to financial planning for clients and advisors. This method will facilitate in building a brighter financial future for our clients.

STEP 1: Establish a Relationship

During this step, the client and advisor will determine and define the expectations for the potential financial plan. Our advisors will then provide a brief description of our services, methodology, philosophies and fee structure. We want to learn about your goals and expectations!

STEP 2: Data Gathering and Goal Setting

The next step taken will be setting up a meeting free of charge in order to exchange information about your needs and objectives. Here, we will collect quality input data in order to assure excellence in output data. The client will take a confidential questionnaire pertaining to their personal finances. They will then be asked to complete the suitability quiz and also to provide all documents which are needed for analyzation. At this point, the client will gather data, documents and statements for analysis.

STEP 3: Evaluation and Analyzation

Time will be spent during this step to analyze and create a personalized model to locate strengths and weaknesses. The advisor will research strategies, analyze current investments to determine risk tolerance and develop a plan. Regardless of the complexity of any financial situation, we have the resources and tools available to accomplish the task.

STEP 4: Presentation and Recommendations

Congratulations! Here, you will be presented with a personal financial path that will have your financial goals in mind. It will provide specific recommendations to implement your financial plan. Upon your acceptance of our proposal, our team will move forward to put your newly designed plan into motion.

STEP 5: Implementation of Your Personalized Path

Here, we will execute the agreed upon proposal and strategy in order to pave the road for your financial success and goal achievements.

STEP 6: Continued Monitoring and Future Checkups

Financial planning is an ongoing process, not simply a one-time event. Periodic update meetings and reviews are essential to maintain the highest quality financial success. Patton Financial Associates will schedule periodic meetings and continue constant communication. As you work towards your goals, we monitor your progress.

We currently serve many clients and are always promoting growth. Feel free to contact us at any time and/or stop by our business location to visit us. Welcome to the Family!