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The Wealth Management Process

This is the process in which we help our clients evaluate their long-term wealth goals and determine how they can meet them through the proper management of financial resources.

1. Establish and Define the Client-Planner Relationship: Identify the specific services to be provided by our firm as well as establish the expectations of our clients.

2. Gather Client Data and Determine Client Goals: Begins during the initial meeting, through the completion of our Financial Organizer and thorough review of current financial documents.

3. Analyze and Evaluate the Client's Financial Status: Identify the strengths and weaknesses of the client's financial situation and current course of action.

4. Develop and Present Financial Planning Recommendations and or/Alternatives: Research and consult with other professionals to identify and evaluate possible alternatives to your current course of action and develop recommendations expected to reasonably help you achieve your goals, needs, and priorities.

5. Implementing the Recommendations: Utilize the appropriate products and services that are consistent with your goals, needs, and priorities.

6. Monitoring the Plan: May result in starting and restarting the process at various points as your plan simply serves as a road map to help you reach your destination. When that destination has changed, or you need to take a detour, we will adjust our route accordingly.

Investment and financial planning services are offered by Justin K. Gates through his affiliation with Avantax

8 Wealth Management Issues


In today's investment environment, it is easy to be overwhelmed by the amount of information available. Without professional advice, taking action could be detrimental to your investment goals. Together, we can create an investment strategy that is designed just for you with these unique goals and needs in mind and build an investment plan. This plan will manage your risk for every dollar of your return. And, because investment management is something that should be adjusted as your goals evolve and your portfolio changes, we will work with you on an ongoing basis to monitor your portfolio and rebalance it as needed.


Cash flow is the cornerstone of your wealth management plan. In addition, your debt level and credit history are also important barometers of financial health. Working together, we can identify where your cash is going each month and evaluate potential opportunities to improve your cash flow through tax strategies such as refinancing, debt consolidation, or changing your tax withholding could be advantageous to you.


Should something happen to you or a family member such as a disability, death, or a long-term-care need, the careful planning and investing you have so diligently developed can be unraveled in an instant. By learning more about your situation, we can evaluate your current risk plans to determine if they are adequately meeting your needs at this stage of your life and as you plan for the future.


People entering retirement are facing concerns that retirees simply did not face 20 and 30 years ago. We can partner with you to create a plan considering the level of assets needed to fund your vision of retirement including likely income needs, potential tax implications and risks that can stand in the way of realizing your vision.


We can help you identify how much money you need to send your children or grandchildren to college, determine how much you need to save, and how this dedicated investment fits with your overall investment management plan.  By working with us, you can create an education plan that does not compromise your progress in the other wealth management issues or your tax situation.


What type of Legacy would you like to leave? Legacy planning is about so much more than just money. Simply stated, a legacy plan ensures that what you want to happen will happen at the time of your passing. Together, we can create a legacy plan that minimizes the estate taxes that may be incurred, and maximizes the amount of money going to your family. Proper legacy planning can also eliminate the problem of placing your family in the position of guessing what you would have wanted.


The demands of running your company may leave very little time to focus on the important financial matters that can have a major impact on you, your family, your business, and your future. Together we can help you evaluate and implement strategies that not only protect your business, but also take advantage of opportunities that could improve the cash flow, tax situation, benefits, and bottom line of your business.


Throughout your life, as you pursue your long-term goals, some expected and unexpected needs will come your way, whether it is planning for a wedding, taking a spur-of-the-moment dream vacation, deciding to buy a second home or facing unexpected expenses due to unforeseen events. We are here to help you with these situations.

Investment and financial planning services are offered by Justin K. Gates through his affiliation with HD Vest Investment Services SM and HD Vest Advisory Services SM.