The First Three Conversations: What to Expect

Introduction

A short phone call to share what's on your mind, and discuss what you'd like to accomplish (20 minutes)

Goals

Identify specific goals, and discuss what working with Pihl Financial Planning would look like for you (60 minutes)

Get Organized

Get all your finances together in one place for better clarity, more holistic planning, and next steps (60 minutes)

 

The First Conversation

Introduction

A short phone call to share what's on your mind, and discuss what you'd like to accomplish (20 minutes)

Nicholas will ask you a few questions to understand your situation and your concerns at a high level, such as:

  • What has led you to seek out an advisor? Why now?​

  • One year from today, what would you like to have accomplished?

This is also a great time to ask him some questions, and feel out whether you are a good fit for working together. You might ask:

  • What does a typical client engagement look like?​ 

  • Who do you typically work with?

  • What time commitment is needed from me?

The Second Conversation

Goals

Identify specific goals, and discuss what working with Pihl Financial Planning would look like for you (60 minutes)

Your financial plan begins with you. 

The purpose of this conversation is to explore your goals over the next 10 years, and help Nicholas develop a better understanding of you as a person so that the plan will be more relevant and powerful

You will also get an engagement letter that:

  • ​​​Summarizes what you've shared so far

  • Reflects and clarifies your concerns

  • Proposes how to move forward for your goals

 

The Third Conversation

Get Organized

Get all your finances together in one place for better clarity, more holistic planning, and next steps (60 minutes)

Once you've discussed your proposal and agreed to move forward, it's time to Get Organized. This third step involves pulling all your financial information together into one place where it can be evaluated holistically as the starting point for your plan. Nicholas will share tools with you to make this easier. 

After sharing this information, you will get your very own "Financial Snapshot," a set of documents that summarize your financial status at this point in time. 

  • Net Worth Statement

  • Cash Flow Summary

  • Retirement Projections

©2020 by Nicholas Pihl.