Financial planning is a lifelong process that you create and customize based on your needs, values and personal goals. At Cedar Ridge Wealth Management Group, we believe that identifying and prioritizing your investment objectives enhances your commitment to developing a comprehensive financial plan - one that may make your goals more attainable.
When you create a personal financial plan with your advisor, you've taken one of the first steps toward pursuing the future you want. Your personalized financial plan recommends solutions, or steps to help you work toward pursuing your objectives, and keep you focused on your overall goals. It must be flexible and reflect the changes you and your family will experience over time.
We believe the elements of successful financial planning fall within three key areas of focus.
AnalysisPreparing your financial plan begins with your financial advisor listening to you and asking questions about your current financial situation in order to:
StrategiesBased on your personal information and goals, your advisor can:
ActionsOnce your personal financial plan is in place, that does not mean it is complete. Your plan becomes a blueprint for your financial future and a tool to measure potential long-term success. For your plan to be effective, you, along with your financial advisor, can: