At KR Wealth Management, we take a long-term approach to financial planning and asset management, which affords us a healthy distance from the emotion and reaction-driven headlines of the financial market. We help our clients make astute big-picture decisions, and we are always available to discuss the details along the way.
Whenever you have questions or concerns, you can be confident that your financial advisor is available to meet with you to discuss any issues that may arise. Our entire team is also well versed in your financial objectives, and we deliberately maintain a limited number of clients so that we are able to always provide outstanding customer service. As life events affect your plans, we offer new strategies to keep you headed in the right direction.
With no products to sell and no relationship with any investment bank, KR Wealth Management is able to recommend investment strategies that are uniquely suited for each client. Our planning-oriented approach leads us to ask questions that lead to a detailed set of recommendations. With the comprehensive plan as a guideline, you can view every decision you make as a step closer to your goals.
Through our WealthVision software, you can also access on-demand reporting, updated daily, of your entire portfolio, regardless of where your assets are held. We regularly monitor your results and call periodically to discuss new developments and opportunities. Year after year, we review your comprehensive wealth management plan and your progress towards where you want to be.
HOW WE WORK TOGETHER
When you become a new client, together we begin a step-by-step planning process:
- SET YOUR OBJECTIVES
- We ask you to complete a Financial and Estate Planning Questionnaire, which covers:
- Personal and family data
- Financial goals
- Investment objectives and risk tolerance
- A list of assets and liabilities
- Cash flow: income and expenses
- We meet to review your Questionnaire, to clarify goals and key issues.
- We propose an Engagement Letter outlining what we'll do for you, our responsibilities and fees.
- GET TO WORK ON A STRATEGY
- We use projections and calculations to analyze and explore all options.
- Our team of specialists collaborates to solve complex issues and bring innovative, imaginative ideas to the table.
- IMPLEMENT A WRITTEN PLAN WITH SPECIFIC STRATEGY
- We present your personalized Comprehensive Wealth Management plan over 2-3 meetings, and review our analysis and recommendations in these areas:
- Education and Retirement
- Investments and Insurance
- Estate Planning
- Based upon your feedback, we revise and amplify the Plan.
- We create an Action List of steps to be taken, agree on who will do them, and monitor progress to ensure that all items are completed.
- MONITOR RESULTS
- For our ongoing clients:
- We call periodically to talk about new developments, questions you have, or information you may need. You, of course, are welcome to call us any time.
- During the year we meet with you to review your Asset Management account and confirm goals, performance, and any changes in recommendations.
- Each year we review your Comprehensive Wealth Management plan with you.