Our Process
We invite our clients to be active collaborators as we co-author their financial plan and explore its impact on those aspects of their lives where Avantra can provide objective guidance and value-added coaching.
Our five-step process of Discovery, Planning, Recommendations, Implementation and Monitoring culminates with a customized road map.
DISCOVERY: EVALUATING THE CLIENT PROFILE
In addition to the traditional data gathering exercise, we assess an individual or family situation to discover more about why a client thinks the way that they do, what are important priorities in their lives – both personal and professional – and how they evaluate the challenges they face and the dreams they aspire to.
PLANNING: FORMULATING NEEDS AND GOALS
In our process of developing a client’s financial plan, we act more as your life coach rather than just an investment advisor, helping them to clearly articulate the “why” of their plan. Whether financial decision-making is driven by emotional issues or professional goals or altruistic values, these needs become a critical guidepost for directing the ultimate plan.
RECOMMENDATIONS: ARTICULATING THE METHOD
The solid life plan we customize for each client includes recommendations for specific investments, but it also includes a timeline for achievement of personal, professional and possibly philanthropic possibilities. In fulfilling the plan, we spend time educating our clients and their families about the components of their individualized financial strategy.
IMPLEMENTATION: ACTIVATING PERSONALIZED SOLUTION
We begin the process of implementing our recommendations beyond the application of well-diversified risk-balanced asset allocation. We deliver each client’s strategy recommendations on many levels – as we keep their needs and goals in mind.
MONITORING: EVALUATING YOUR PROGRESS
We will develop a communication plan with each client in order to update their progress and take into consideration changes as they happen – both personally and externally, as markets are volatile and life is not stagnant.
