At Barker Financial, our process focuses not only on building wealth, but also on building relationships. Our strategic approach – review and plan, implement and manage, monitor and report – is all centered around your goals, your tolerances, and your visions for the future.
Of course we’ll evaluate your spending and lifestyle requirements, anticipated large expenditures, and desire for generational wealth transfer and philanthropy. But most of all, we’ll determine what wealth means to you, and how to grow your wealth in alignment with how you wish to use it.
Review and Plan
When you connect with a wealth management firm, the last thing you want is a standardized computer printout with your name on it. You want a wealth adviser who takes the time and effort to understand who you are, where you’re going, and what matters most to you.
Each introductory meeting starts with a straight forward, one on one conversation to see how we might help you. Then with your approval, we’ll prepare a comprehensive written financial plan. In this plan we will provide you with a specific set of steps to start you on your way toward your specific goals in a summary that’s yours to keep without further obligation.
Implementation and Management
Implementing and managing your portfolio puts us at center stage and gives us the chance to shine at meeting your targets and goals. Through our initial and subsequent conversations with you, we take into account your immediate cash flow needs, tax circumstances, and tolerance for risk. All of these go into your wealth management strategy.
Everything we do is with you in mind. As a result, we willingly work with your attorneys to coordinate and integrate your assets to better manage your estate planning needs. With your advance permission, we are happy to speak directly with your accountants and other advisers to save you substantial legal and accounting costs and to assist with any questions you may have about estate or tax-related issues.
Monitoring and Reporting
The market changes daily, monthly and yearly. So, too, does your life. Your business grows or you venture into another opportunity. Your kids grow up, your income and expenses fluctuate, your tax burden increases, your dreams take on a new shape.
Unlike commission-based investment firms that “churn” your account to grow their own bottom line, our focus is always on growing yours. So you can rest assured that when we call you – which we will do on a regular basis – it’s with your best interest in mind.
You can depend on us to share regular performance reports and explanations in English. In other words, you will always know exactly how your financial portfolio is doing. If we believe it’s time for modifications or adjustments, we’ll let you know and more importantly, explain why. We will also keep you updated on relevant tax laws, economic news, and current events that will affect you.