Alpine Bank
(815) 398-6500
Printed from: http://www.bankalpine.com/trust/consulting/index.cfm
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Trust & Investment Accounts
Financial Consulting
Creating your plan for life.
Creating your life plan is a multi-step process. The first and most critical step is all about you — your goals, your dreams, your concerns. As your financial partner, it is important that we understand what is really most important to you and how you define financial freedom. Every client is different, so every plan is unique.
The Plan for Life Process
- Define Goals
- Assess Current Situation
- Determine Risk Tolerance
- Provide Financial Solutions
- Construct a Prudent Portfolio
- Communicate and Modify
Once we fully understand your goals, we assess your current plan. We discuss the adequacy of your insurance coverage based on your goals and review your current savings to help you determine if you are on track to achieve your financial goals. In addition, any estate plan will be reviewed to determine if the structure will meet its intended purpose.
We also spend time determining the level of risk that you are comfortable with in regard to your investment portfolio. Too many investors react to market conditions which inevitably take them off track. Spending time determining your comfort zone with regard to portfolio volatility will go a long way in keeping the portfolio and you on track to success.
After intensive information gathering and discussions with you, we provide appropriate financial solutions that fit into your life plan. These solutions may include insurance, investment management services, trustee services, higher level financial planning services or other fiduciary services.
With regard to your investments, we construct a portfolio designed to meet your financial goals while considering your risk tolerance. Constant monitoring and annual rebalancing is necessary to evaluate portfolio success. We define the most appropriate benchmark to judge the portfolio's success and share that with you on a regular basis.
Once we create the plan with you, your plan will need to be revisited and possibly modified based on changes in your circumstances. We continue to work together to make any necessary adjustments along the way.
Traditional IRA
