This is Where Your Wealth Management Journey Begins

At Franklin Madison Private Wealth, we understand that your journey is unique and inspiring.

That’s why our discovery process is meticulously designed to understand your unique personal narrative so we can align your life story with a financial strategy that resonates with your values and legacy-building goals.

Here’s what you can expect once you sign your financial planning agreement and schedule your first video call:

Your journey begins by completing a set of comprehensive questionnaires before our first meeting.

1. Possibilities Survey: We’ll dive deep into understanding your current financial situation with our detailed financial inventory. This helps us pinpoint your specific pain points and desired life outcomes, setting the stage for a bespoke wealth management plan.
2. Money Scripts Inventory: This questionnaire allows us to uncover the underlying beliefs that shape your financial behaviors. By identifying these patterns, we can guide you toward maximizing money success and altering self-defeating financial habits.
3. Building Wealth Assessment: Inspired by the principles of ‘The Millionaire Next Door, ‘ this survey offers insights into your money management habits, which will help us build and preserve your wealth.
4. Investor Profile: Understanding your psychological risk tolerance, investment-related attitudes, and decision-making patterns, especially during market downturns, will enable us to craft an investment strategy suited to your unique situation.
5. Life Values Inventory: Clarifying your core values will ensure they are the guiding force behind every financial decision you make. This approach gives clarity and peace of mind behind your spending and savings decisions.

During our 90-minute video call, we’ll embark on a journey to understand your financial DNA.

• Money Story Conversation: We’ll start with a question about your family of origin’s experience with money and explore how your family background and upbringing have shaped your financial mindset. This open dialogue sets the tone for meeting you right where you’re at when it comes to how you approach money decisions.
• Money Values Conversation: Aligning with Bill Bacharach’s values-based planning, we dive into what money means to you and how it can be used as a tool to achieve your life goals. Completing the Life Values Inventory is invaluable to this process.
• Financial Goals Discussion: We’ll crystallize your immediate, medium, and long-term financial goals, and set clear targets and timelines for accomplishing what’s essential to you now.
• Baseline Financial Review: Finally, we’ll discuss your financials. This approach involves a concise overview of your income, cash flows, assets, and liabilities to ensure we leave no stone uncovered as we start the process of gathering your financial documents and preparing your financial plan.

Our initial meeting is just the beginning.

• Follow-Up In-Depth Conversations: Where necessary, subsequent discussions will allow us to go deeper into your planning and life goals. We will start analyzing your financial situation once we have a crystal-clear understanding of your aspirations and how you want to utilize your wealth.
• Risk Tolerance and Investment Policy Statement: As a fiduciary, we will evaluate and discuss your risk questionnaire together. From there, we’ll craft a personalized investment policy that respects your investment comfort levels while aiming for an ideal mix of stocks, bonds, real estate, and US and International assets.
• Comprehensive Reviews: We’ll discuss and review your estate plan, current and post-employment lifestyle needs, and other critical aspects that shape your financial future. Overall, we’ll evaluate 60 planning topics for review as we prepare your financial strategies.