The GPS Method is a holistic approach realizes that there are multiple moving pieces to your financial picture and that there needs to be a healthy balance between all these pieces. For example, to reach the financial goals of your family and or business, there should be a certain amount of protection (Insurance & Estate Planning) while also taking on the right amount of risk (Investments).
It is vital that every business and family periodically review their cash flow to generate wealth by creating an efficient tax plan while also setting money aside for the future (Retirement Solutions).
We want and urge clients to allow us to build a trusted relationship with their families. It is essential to educate the next generation on managing their finances, especially when inheriting a business or windfall. We want to become a friend of the family to lean on if and when needed.
These seven factors looked at together and not separately can create an extraordinary and effective financial plan that will guide you, your business, and your family to a solid financial future.
You can stretch your money when you work with a professional who is trained to show you how to choose investments for your time frame and risk tolerance, save money on taxes, and rein in high-interest debt. CFP® professionals have the education, experience, and access to research and insights that the average investor does not. They know how important it is to keep up with the latest laws and tax code changes, and they know about strategies that can make it easier to reach your goals—which may save you a lot of money over the long run, too.
