Our Financial Planning Process

At LCG, we believe in a transparent and collaborative approach to financial planning. Our structured process ensures that we understand your unique goals and work with you to achieve them. Here’s what you can expect:

Step 1

Initial Consultation

This is an opportunity to discuss your financial goals and concerns as well as determine whether our services align with your needs.

Step 2

Discovery and Goal Setting

In this phase, we delve deeper into your financial situation. We’ll gather information about your income, expenses, assets, liabilities, and risk tolerance. Understanding your short-term and long-term objectives allows us to tailor a plan specific to you.

Step 3

Financial Plan Development

We craft a comprehensive financial plan. This plan will address investment strategies, retirement planning, tax considerations, and estate planning, all aligned with your goals.

Step 4

Plan Presentation and Review

We present the financial plan to you, explaining each component in detail. This collaborative review ensures you understand the recommendations and feel confident in the proposed strategies.

Step 5

Implementation

Once you approve the plan, we assist in putting it into action. This may involve setting up investment accounts, adjusting insurance coverage, or coordinating with other professionals like accountants or attorneys.

Step 6

Ongoing Monitoring & Adjustments

Financial planning is an ongoing process. We regularly monitor your plan’s progress, making adjustments as needed due to life changes, market fluctuations, or evolving goals. Regular reviews keep your plan aligned with your objectives.