Our Process
Deciding on whether to meet with a financial planner can be intimidating. Is there a cost, how do they help, and what kind of questions should I ask?
At Kane Financial, we try to lessen that intimidation through an organized financial planning process guided by friendly, experienced team members. There is no cost for an initial consultation/discovery meeting and our financial planning recommendations are customized to each client.
As a generalist practice, we have experience across the entire financial planning and investment spectrum. We help clients plan for/navigate retirement, save for a child’s education, set up a saving’s program, make sure they are properly insured, help save money in taxes, enroll in their company sponsored retirement plan, and understand the basics of estate planning. These are just a few examples of the areas our team can assist clients with.
We also help our clients who own a small business decide which business structure is most suitable, discuss which retirement plans could be most beneficial, and provide financial planning services to their employees.
As a fiduciary, we always act in the best interest of our clients. We do not sell financial products, and have straightforward fee structure that is tied to the success of our clients.
Discovery
A data gathering meeting focused on learning about a prospective client’s financial picture, taxes, goals, questions, and concerns. We will also provide a brief overview of our practice, how we are compensated, and what it is like to be a client.
Guidance
We then go to work, taking the information gathered from the discovery meeting and provide specific recommendations around a prospective client’s goals. This is provided in a clean, simple format visualizing the financial and tax plan.
We encourage prospective clients to take some time and review the recommendations and ideas provided, and then contact our office if they wish to go forward with becoming a client.
Onboarding
If you choose to work with our practice, we hold an onboarding meeting to introduce you to the technology platforms and resources available to you as a client. We will also set a meeting frequency schedule that is tailored to your individual financial and tax plan.
Ongoing Meetings
Financial plans are not static, and a critical part of the planning process includes meeting at least once per year. During these meetings we will update a client’s financial plan, review account performance, revisit goals, review your tax return, and plan for the year ahead.
Communication
Clients receive ongoing communications from our office throughout the year with topical information around financial planning, investing, tax planning, estate planning, and any relevant market/economic news along with our analysis. We also encourage clients to contact us at any time with any questions they may have.