Planning Process

Sasson Financial Group
FINANCIAL PLANNING PROCESS

1. Establish Financial Goals & Objectives
    • Quantify measurable objectives
    • Rank for importance

2. Gather Data
    • Statement of Financial Position
    • Cash flow statement

3. Process & Analyze Information
    • Review current situation
    • Identify strengths and weaknesses
    • Modify goals (if necessary)

4. Recommend a Financial Plan
    • Select techniques and alternatives to accomplish goals

5. Implement the Plan
    • Schedule for implementation
    • Documentation and applications

6. Monitor the Plan
    • Track investments and products
    • Monitor economic & tax environment
    • Scheduled review to ensure continued appropriateness of your plan