Six Areas of Financial Planning

The qualified professionals of Clear Path Advisory specialize in the following areas:

Financial Planning

Financial planning is a term used by many financial professionals these days to describe their process. We find that it is overused within the industry and strive to reinforce the process of planning for one's financial future. We affectionately refer to our process as the Six Areas of Financial Planning. The Six Areas of Financial Planning include:

An evaluation of your current situation, to include a budgetary, cash flow, and debt analysis

Risk Management and Insurance: A comprehensive investigation 
searching for deficiencies in your insurance portfolio for your family or business

Retirement Planning: Determining the resources necessary to retire comfortably 
so that financial independence can be achieved

Investment Planning: Making sure your current portfolio is appropriately designed given your age, risk tolerance, and time horizon to retirement

Tax Planning: Working with your existing tax and accounting professionals to implement qualified and non-qualified retirement plans, Individual Retirement Accounts (IRAs) and Roth IRA accounts, college-sponsored 529 programs, employee stock options, and other tax-efficient programs

Estate Planning: Preparing (in conjunction with your legal team) for the transfer of a business interest and assets to the next generation, as well as your charitable planning endeavors