What is a Financial Plan?

What is a Financial Plan? This is often the first question we get from clients. It is a term that is not easily defined. At Fi Plan Partners, our definition is it’s a comprehensive snapshot on your financial health as it relates to today and projected over your lifetime. We are seeking to answer the question: Am I on track? Every Financial Plan is different because everyone has different ideas, dreams and goals for themselves and for their family. We are trying to take the amount of cash flow that we have and figure out what is the highest and best use of it. Our way of going about the financial planning process is by a unique process we developed called “Your Financial House.” This is based on the premise that you would never build a house without a blueprint. Every investment decision we make is dependent on state planning issues, life insurance issues and retirement issues. It’s taking all of this information, putting it together in one projection and talking about how it affects your life, not only today, but for a long time.

Jon Roberts, CIMA®
CFP®, MBA
Senior Vice President
Email Jon Roberts here

Fi Plan Partners is an independent investment firm in Birmingham, AL, serving clients across the nation through financial planning, wealth management and business consulting. Fi Plan Partners creates strategies in the best interest of their clients using both fee based investing and transactional investing.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

Economic forecasts set forth in this presentation may not develop as predicted.

No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.

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