Planning your financial future can be a daunting task and you probably have plenty of questions you’d like to get answered. We’ve put together a list of frequently asked questions to help guide you in the right direction. We will be constantly expanding this section with new questions and information so be sure to check back frequently.
If you prefer to ask your questions direct, head over to the contact us page and we’ll be happy to help.
What can I expect on my first visit with VCA?
Our first meeting is essentially an open consultation where we can explore whatever topics you would like to discuss. Our goal is to keep this time focused on you and your questions by simply having a structured conversation where you can share with our team your goals, concerns, and priorities. Some people may wish to bring their financial statements and documents for our team to review, but this is not a requirement. Ultimately, we want to make the first visit with our team warm and inviting, where you feel comfortable sharing what’s on your mind.
How often do we meet?
It depends. When clients are just beginning to work with our team, we may meet several times during the first few months as we walk through the planning process and decide what pieces of the plan to implement. Once we move into the plan monitoring phase, our goal is to meet at least once per year for our Retirement Wealth Checkpoint meeting, unless there is a significant life event that requires us to revisit our plan strategy. Some clients may prefer to meet more frequently than once per year, and we work with those clients to determine the desired number of financial reviews throughout the year. Naturally, we make ourselves very available to our clients and encourage calls and emails anytime a question arises.
What is the CFP® designation?
The CFP® stands for Certified Financial Planner™. The CFP® designation is awarded to professionals who have completed extensive study and passed a rigorous board exam. It represents the industry’s gold standard for experience, ethics, and personal financial planning. You can read more about the benefits of working with a CFP® at this website.
What is a Chartered Retirement Planning Counselor?
Individuals who hold the CRPC® designation have completed a course of study encompassing pre-and post-retirement needs, asset management, estate planning and the entire retirement planning process using models and techniques from real client situations. Additionally, individuals must pass an end-of-course examination that tests their ability to synthesize complex concepts and apply theoretical concepts to real-life situations.
Topics of study include:
- The Retirement Planning Process & Meeting Multiple Financial Objectives
- Sources of Retirement Income
- Personal Savings: Investing for Retirement
- Employer-Sponsored Plans
- Individual Deferred Compensation
- Planning for Incapacity, Disability & Long-Term Care
- When to Retire
- Retirement Plan Distributions
- Asset Management & Investment Strategy During Retirement
- Income Taxes & the Retiree
- Estate Planning
- Retirement Cash Flow Considerations
Who manages my portfolio?
The investment team we use manages a series of institutional-quality portfolio models and incorporates the distinctive talents and specialties of multiple professionals. They will direct all aspects of the asset management process, including the independent investment research and due diligence used to construct and manage every portfolio. Our team draws on decades of experience and members that hold a number of professional designations, including: Chartered Financial Analyst® (CFA®), Certified Financial Planner® (CFP®), and Accredited Investment Fiduciary® (AIF®)