Our Process: How We Help Plan Your Financial Journey

At Hein Wealth & Tax Solutions, we believe that the best planning begins with a clear vision of the future you want to build. Our comprehensive approach was created with this in mind, beginning with an overview of exactly where you are now and working together to chart the course of your financial future.

STEP 1: DETERMINING YOUR DESTINATION 

Goals 

Identifying your goals is a critical first step in financial planning. In order to better understand what you wish to achieve, we will discuss your overall situation and identify your short-, intermediate-, and long-term goals.

STEP 2: WHERE YOU ARE NOW 

Discovery 

With your goals firmly established, the next step focuses on identifying all of your assets, liabilities, income, and expenses and organizing all of your financial information in one place. This information will be used to create your personal financial website, which will allow you to see everything you own in one private and secure location, with all of your financial data consolidated into one clear picture.

STEP 3: CHARTING YOUR COURSE 

Strategic Investment Management 

When it comes to managing your wealth we take a holistic approach. By considering every aspect of your financial condition, we employ customized investment management strategies and utilize sophisticated tools to determine the risk, overlap, diversification* and performance of your portfolio and assess your portfolio’s effectiveness given your unique goals, objectives, risk tolerance, and timeframe.

Cash Flow Analysis

Cash flow analysis is a method of checking your financial health. Our analysis will determine your cycle of cash inflows and outflows and identify potential opportunities for enhancing your income, saving more, and the long term implications of not saving enough.

Risk Management

Goals are reached not only by accumulating wealth but by ensuring their completion, even if things don’t go as planned. Our risk management evaluation helps in the identification, assessment, and prioritization of potential risks and anticipates major life transitions that could impact your financial future -- marriage, divorce, disability, death, lawsuits, job changes, education, and retirement.

STEP 4: SETTING SAIL & STAYING THE COURSE 

Implementation & Accountability 

Turning your goals and dreams into reality requires an ongoing partnership, one in which we provide objective advice and education to allow you to make sound financial decisions. Accountability is key to adapting to your ever-changing circumstances and staying on course. After we implement your financial plan, we meet with you regularly to make sure that, as personal and business situations change, your financial plan remains on-target to help meet your goals.