Complete discovery process
of your financial needs
Review of progress
Our mission is to gain clarity together about what you need your assets to accomplish, then provide you with a solution suited to meet those needs. We begin by discussing your past investment experiences, what your influences are, and how you react to change in the marketplace so we can make good decisions at the start and establish a strategy rather than react to market developments.
What differentiates David Smith Advisory is our process. Our multi-step approach is designed to give you plenty of time to think about your goals and consider our recommendations.
Our series of Discovery Meetings is unusual in its depth. These meetings help us get to know you and understand your concerns, your fears, and your goals thoroughly. Our business is founded on deep, long-term relationships, and we invest considerable time at the outset to getting it right.
Our initial meetings are recorded and then transcribed, enabling us to listen on two levels. This approach provides tremendous insight, deepens our relationship instantly, and helps us achieve a nuanced understanding of your goals—both spoken and unspoken.
WEALTH MANAGEMENT PLAN
We are very comfortable working with your existing advisers and find their perspectives valuable for long-term planning. We will include your trusted attorneys or CPAs in our process or involve our own exclusive Wealth Management Network—a team of carefully selected experts skilled in key financial areas. Together, we discuss the legal, accounting, insurance and other issues that will best protect your family, your business and your wealth over the long term.
Your wealth management plan includes:
- Risk tolerance assessment
- Statement of goals
- Discussion about the relationships important in your life
- Questionnaires about your assets and advisors
- In-depth questions about how you’d like the process to go
- Review of your personal interests
This comprehensive evaluation of the entire range of your financial needs results in a formal plan with our recommendations, tailored specifically to you.
The foundation of our relationship is trust, and trust requires communication. Exactly how much is up to you. Every client has a different comfort level and requirement for staying involved in the execution of their wealth management plan. Wherever you fall on that continuum, David Smith Advisory will meet your needs with a regular overview of your plan’s progress and implementation.
In many cases, we find that you simply need reassurance that your strategy is sound—and encouragement to stay the course.