Our Steps to Financial Success

You have dreams, and we have the tools to get you there.

The Lifecycle of a TFP Client Relationship

STEP 1:

Initial Inquiry

OUR RESPONSIBILITIES:

Townsend Financial Planning, LLC, will provide a brief description of our services, philosophies, methodology, and fee structure.

YOUR RESPONSIBILITIES:

If our services fit your needs, we will schedule a free Get Acquainted Meeting, conducted in person, via teleconference, or by telephone, and provide you with resources to help you learn more. We will also request you complete our Confidential Questionnaire.

STEP 2:

Get Acquainted Meeting

OUR RESPONSIBILITIES:

We will meet with you free of charge in person or via teleconference. This is an opportunity to exchange information about your needs and objectives, to further discuss which of our services are right for you, and to provide you with an estimated cost of services. We do not accept commissions and instead charge for our services on an hourly (or portions of) or flat-fee basis.

YOUR RESPONSIBILITIES:

If you choose to use our services, we will provide a list of additional information that we will need to begin formulating your personal financial plan.

STEP 3:

Data Gathering and Initial Prep

OUR RESPONSIBILITIES:

After receiving your information, we will begin to review and develop your custom financial plan. We will prepare initial reports that will be discussed with you at your next meeting.

YOUR RESPONSIBILITIES:

You will need to gather the requested data and then possibly complete a Risk Tolerance Questionnaire that we will provide. This information will need to be provided to us before your next meeting.

STEP 4:

Interactive Goal Setting

OUR RESPONSIBILITIES:

Depending on your individual circumstances, this meeting may or may not be necessary. If it is, it can be conducted in person or via teleconference. We will work with you to further discuss and clarify the information you have provided thus far and to refine your financial goals and objectives.

YOUR RESPONSIBILITIES:

This is another opportunity for you to clarify your current situation and financial goals and objectives, and to discuss with your advisor any additional questions and concerns.

STEP 5:

Analysis & Plan Formulation

OUR RESPONSIBILITIES:

We will refine the information you have provided and study various plan scenarios. We will provide analysis and research based on our findings and produce the final reports that include observations, assumptions, specific recommendations, and an action plan for your unique situation.

YOUR RESPONSIBILITIES:

The ball is in our court. All you have to do at this point is await your next meeting with us.

STEP 6:

Plan Presentation

OUR RESPONSIBILITIES:

We will meet to review your personal financial plan and our specific recommendations.

YOUR RESPONSIBILITIES:

Congratulations! You now hold your personal blueprint for financial success designed with your financial goals in mind. You are empowered with specific recommendations to implement your financial plan. If you wish, you may employ Townsend Financial Planning to further assist you in carrying out that plan as described under ‘Our Services.’

STEP 7:

Choose Your Path

Management Services:

After the financial planning project is complete, clients can choose to engage Townsend Financial Planning for ongoing services. With wealth management services, the IP team will assist with implementing the recommendations including placing trades, work with the client in an ongoing capacity, and be proactive in strategizing and optimizing for the client’s financial planning goals.

Self-Implementation:

If instead a client chooses to implement the recommendations themselves, their engagement with TP will come to an end after the presentation is complete. TFP does not currently offer ongoing project-based (hourly) investment advice and financial planning.

Our Steps to Financial Success

The Lifecycle of a TFP Client Relationship

STEP 1:

Initial Inquiry

OUR RESPONSIBILITIES:

YOUR RESPONSIBILITIES:

STEP 2:

Get Acquainted Meeting

OUR RESPONSIBILITIES:

YOUR RESPONSIBILITIES:

STEP 3:

Data Gathering and Initial Prep

OUR RESPONSIBILITIES:

YOUR RESPONSIBILITIES:

STEP 4:

Interactive Goal Setting

OUR RESPONSIBILITIES:

YOUR RESPONSIBILITIES:

STEP 5:

Analysis & Plan Formulation

OUR RESPONSIBILITIES:

YOUR RESPONSIBILITIES:

STEP 6:

Plan Presentation

OUR RESPONSIBILITIES:

YOUR RESPONSIBILITIES:

STEP 7:

Choose Your Path

Management Services:

Self-Implementation:

Want to Learn More?

Ready to get Started?

Mt. STerling

Lexington

Louisville