Our process begins with an exploratory conversation to make sure we would be a good fit to work together. From there, we develop a clear vison of the life you would like to live, why it is important to you, and what impact finances have on it.
Once your vision is clear, we gather the data needed to prepare a projection of your current financial situation.
Our job is not to tell you what to do with your money, our job is to show you what is possible and the impacts of your decisions. We model changes that will give you a clear definition of what is possible and identify any roadblocks that may exist.
Using our guided implementation process, we help execute on the changes that need to be made.
Audit and Adjust
The one guarantee in life is that there will be change. We will audit and adjust your plan accordingly during our ongoing communications throughout the year.
Investment Management Process
In the world of investments, there are many things you can’t control – but that doesn’t mean you should go into the market without armor. We’ll help you make sure you’re taking advantage of all the opportunities available to you, while also keeping the level of protection and stability you desire. Then, we’ll meet with you on an ongoing basis to ensure your portfolio performs as it should.
Everyone’s goals and comfort level are different when it comes to investing. Whether your goal is around the corner or many years down the road, we ask a lot of questions to best understand what is important to you, without the complicated financial jargon.
Step 2 Ongoing Due Diligence
Every quarter, our Investment Committee reviews all investments we use in all client accounts. Our proprietary review process ensures we are using the best investment options available. During our review meetings, we will identify any changes in your goals or situation and make adjustments to your investment strategy.
Step 3 Income Generation
When our clients rely on their investments for current income, we review the following every year:
How much income did you take relative to your overall assets?
Do you have any major expenses in the next 12 to 24 months we need to plan for?
This allows us to be proactive with your changing needs.
Retirement Plan Consulting
Having a retirement plan is a key benefit as an employer. However, it’s important to make sure your plan is fitting your and your employees’ needs well. We’ll help you create a retirement plan that’s tailored to your business and also educate your employees on everything available to them so that they have confidence and peace of mind for their future.
We create an investment policy statement and assemble an appropriate investment lineup. An ongoing monitoring program is put in place to maintain a prudent investment lineup and help the Company meet its fiduciary responsibilities. Cornerstone Planning Group may act as a Co-Fiduciary to the Company regarding the investments in the retirement plan.*
*Subject to Company approval and vendor availability. Cornerstone Planning Group can act as the 3(21) or 3(38) Investment Advisor. Roles can be different based on your situation. Cornerstone Planning Group is a SEC registered advisory firm. For more information regarding Cornerstone Planning Group please refer to Welcome to Investor.gov/CRS | Investor.gov Cornerstone Planning Group its agents, and employees do not provide legal or accounting advice.
Education & Enrollment
Our team will conduct education and enrollment to help the employees understand the benefits of the plan and answer any questions they may have. We will design the participant engagements to meet your standards and schedule.
There are many retirement plan options available, so our process confirms which plan design will work best based on your objectives. We will then execute any changes that may be needed.