Our Firm and Our Services
Pacific Capital Resource Group, Inc. is a leading comprehensive
financial planning firm in Bellevue, Washington. We work with
businesses and individuals in helping them achieve their financial
goals. We are dedicated to building long term relationships
with our clients founded on mutual trust and respect. We pride
ourselves on providing access to the best companies and specialists
in the field to help meet your ever changing needs. We
address our clients' concerns through a six-step Planning Process:
The Six Steps of Financial Planning
1. Explain the issues that will be addressed in the planning
process - Discuss the advisor’s role and responsibilities
with client’s expectations.
2. Gather data and determine client’s goals - This involves
extensive fact-finding that not only identifies goals and
time horizons, but also develops an understanding of client’s
risk tolerance and general values.
3. Analysis of client’s current situation - The advisor determines
client’s financial status using tax returns, cash flow projections,
investment summaries, existing insurance coverage, employment
benefits, and legal documentation. The advisor must further
explore the client’s risk tolerance and help identify all
the risks that exist to threaten financial security.
4. Develop and present analysis that is specific to the needs
and concerns of the client - This comprehensive program may
include: · Client’s current and projected financial situation.
· Projections for client’s retirement planning to determine
possible shortfalls. · Estimates to preserve your current
and future estate. · Projections of college education
expenses and funding alternatives. · Evaluations of income
tax strategies. · Identification of deficiencies for
capital needs at death or disability. ·Investment strategies
with asset allocation based models using modern portfolio
theory and top-down analysis. This detailed report will incorporate
recommendations based on the values, needs, and risk tolerance
levels uncovered during information gathering and data analysis.
5. Implementation of program - It is the advisor's responsibility
to assist the client in completing and executing the plan.
This process may involve working with the client's other professional
advisors to ensure the plan is implemented.
6. Monitoring and reviewing program - Because the plan is
comprehensive and involves long-term planning, it needs to
be reviewed regularly to evaluate changes in the client’s
situation as well as changes in tax law or economic conditions
that will effect target outcomes.
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