Key Components of Financial PlanningKey Components of Financial PlanningGazell Pettway, JrGazell Pettway, Jr

Investment ConsultantInvestment Consultant

Key Components of Financial PlanningKey Components of Financial PlanningGazell Pettway, JrGazell Pettway, Jr

Investment ConsultantInvestment Consultant

Key Components of Financial PlanningKey Components of Financial PlanningKey Components of Financial PlanningKey Components of Financial Planning

Financial positionFinancial position

Protection planningProtection planning

Investment planningInvestment planning

Tax planning strategiesTax planning strategies

Retirement planningRetirement planning

Estate Panning strategiesEstate Panning strategies

Client Benefits• Advice : How to create a successful financial

future.

• Formal plan: A process to keep clients involved in the financial planning process.

• Support: create a plan based on personal values, beliefs and financial goals.

• Service: Help clients make good choices and control their cycle of emotions.

• Advocate: A professional that cares.

The Value of a Financial Plan Survey

• Investors with a financial advisor and a formal financial plan:– Report they are nearly twice as likely to feel

confident about their financial futures

• > Of this group:– 88% have a clear financial vision– More than three quarters feel well prepared for

retirement– Three times as likely to have taken pro-active

steps during the volatile market– Twice as likely to have added money to their

accounts in the volatile market

Types of Investments• Insurance• Annuities• Stocks• Bonds• Mutual Funds• Real Estates ( REITS)• Alternative Investments

Types of investment Risk

• Systematic Index Market timing Opportunity Investing

• Unsystematic Diversification Predictability