The Providence Financial Client Experience
You are the focus of our initial visit. We will listen to and learn about what is important to you, your concerns, and your desired outcomes. We will teach you how we work with clients, and together we can determine whether we’re a good fit to work together. During this no-cost, no-obligation visit, you will find answers to questions:
- Do we like the team at Providence, and do I trust them?
- Do they understand my unique financial situation, goals, and concerns?
- Could we work together moving forward?
- How do they work with their clients, and do the benefits exceed the cost?
If we mutually agree we are a good fit for one another, we will solidify our working relationship and gather information to create your personal financial blueprint which includes statements of investments, insurance policies, tax returns, estate documents, bank statements, and more.
We will analyze your unique financial situation by answering these questions:
- Will I have enough to retire to a work-optional lifestyle?
- Will I always have enough?
- Will we be ok if we experience a detrimental health event?
- Can I stay retired in the event of severe economic and financial climates?
- Is my investment asset allocation appropriate for my situation?
- What is the best way to transfer assets to the people and organizations that matter to me?
In plain English, we will tell you what needs to be done to help achieve your financial goals by answering the questions in step 3. We will benchmark our advice against evidence-based outcomes for each of the 7 Pillars, 6 Key Risks of Retirement, and Biblical principles for financial management.
Because change is constant, we will meet regularly to monitor and adjust your financial plan and your investments to account for varying personal, economic, and financial environments.
Biblical Principles for Financial Management
- Give generously with a cheerful heart
- Avoid the use of debt
- Spend less than you earn
- Save for the future
- Build margin (in your time and your cash flow)
7 Main Pillars of Financial Planning
- Retirement Savings and Income Planning
- Investment Planning, Asset Allocation, & Employer-Sponsored Retirement Plans
- Tax Planning
- Risk Management, Insurance Planning, Employer Insurance Plans and Benefits
- Estate Planning & Legacy Planning
- Philanthropy & Charitable Planning
- Financial Position: Cash Flow Analysis & Debt Management
6 Key Risks of Retirement
- Longevity Risk
- Inflation Risk
- Asset Allocation Risk
- Withdrawal Rate Risk
- Health Care Costs
A Lifetime Partnership
A productive financial planning partnership starts on the right foot, and it adjusts as your life circumstances change. The principles that guide our decisions never change, but as we move through life’s stages, our circumstances and challenges do. OneAscent works with you to communicate, collaborate, calibrate, and celebrate through all of the seasons of life.