Complimentary Introductory Video Call
This first call clarifies whether FIRE Financial is suitable to address your personal need. We will go over what I offer and what kind of service can you expect. It also allows you to ask further questions that are not specified on the website.
Engagement Meeting and Data Gathering
If we are a good match, we go over the engagement letter that outlines the areas we will be covering in our professional relationship, our shared responsibilities, and discuss fee structure. This meeting is followed by a data-gathering task where I will collect key financial information that is needed to build a comprehensive financial plan. Security is a core of any business, and we collect information using industry-leading software companies’ data aggregation tools.
Goal Setting and Analyze Facts
Setting realistic goals is the first step of financial planning. We discuss what resources you have available to reach your goals and then allocate financial resources appropriately to achieve these goals. The more open and clear you are with your vision, the easier it will be to build the financial plan and Implement it.
Plan Development and Presentation
Traditional long-form financial plans are often difficult to digest from clients’ perspectives. It is even harder to implement as most clients lose track when financial advisors go through pages of spreadsheet numbers.
In contrast, at FIRE Financial we do modular financial planning which breaks down different financial topics in bite-size content. In each meeting, we address any urgent matter that needs immediate attention. Then we cover each area of financial planning and implement it.
Review and Updates as Needed
Once we complete the full financial plan, we need to review it regularly to make sure your plan is adjustable enough to accommodate any changes that you have in your life.
Unlike most financial advisors, I strongly believe you can take control of your money if you educate yourself. I aim to graduate most of my clients in a reasonable period through financial education. However, I understand not everyone is comfortable being on their own.