Our Approach
At 123 Financial we work to balance financial risk versus return based upon each client’s individual situation. Below is an overview of our 3 step approach.
Discovery
In the Discovery Phase we meet with you to gain an understanding of your current financial situation, your short, medium and long range goals, and to answer any questions you have regarding 123 Financial. Including experience, products and services and compensation. This step is critical to the financial planning process. It is where we decide if it makes sense to work together. It may take 1-3 meetings and/or phone calls to complete this phase. 123 facilitates Discovery free of charge, at your convenience, no obligation and no hard feelings.
In the Discovery Phase you will be asked several questions regarding your situation and goals and fill out a questionnaire that helps to define your Risk Tolerance and Time Horizon. All information you provide is confidential.
Recommendations and Investments
Once the Discovery Phase is complete, we will analyze the information gathered and provide investment recommendations and alternatives. 123 will meet with you to review and explain the recommendations. It is your decision, if, how, or when we proceed. If you decide it makes sense to proceed with any or all of 123’s recommendation’s we will work with you to complete the paperwork required for secure transfer and registration of your funds.
Monitor and Follow Up
Depending on the type(s) of investment you will receive either monthly or quarterly statements. For most investment types you’ll be able to access your account(s) online 24/7. 123 Financial reviews all client statements and advises our clients to review each statement they receive as well.
123 Financial’s investment advice is based on our understanding of your current situation, goals, Time Horizon and Risk Tolerance. If anything changes with regards to your financial situation please contact us promptly. 123 will periodically contact you to schedule an account review. We strive to perform an account review with you via phone or in person at least annually, but can meet with you as often as you’d like. If you have any questions, comments or concerns please contact 123 at any time.
Although 123’s investment advice is based on long term objectives, we monitor the markets on a daily basis. If something changes or another strategy would make better sense than our current strategy we will contact you to discuss. Again, please do not hesitate to contact 123 at any time. You can also contact the companies that hold your investments and/or Packerland Brokerage Services.