OUR PROCESS
Success starts with a strategy.
We believe a strong planning process is the best way to create a pathway to success. At RVA Wealth Management we use a goal-focused planning process. If you don’t have a target, you can’t hit it. Another key feature of our financial planning process is that it is a true collaborative effort. You participate in your plan development from the beginning, so it really becomes your plan. Details of our process are outlined as follows:
01.
Discovery Session
Before making a single recommendation, we’ll invest time in getting to understand your personal circumstances in detail, giving us a clear vision of where you stand today. We’ll establish goals, set priorities, explore your feelings about risk and perhaps even identify needs you didn’t realize you had.
02.
Asset Allocation
After analyzing your current portfolio and having established a common understanding of your goals, priorities and risk considerations, we’ll offer a recommended mix of investment types that matches your needs, reflects current market opportunities and provides diversification.
03.
Investment Selection
Taking advantage of our firm’s access to a large variety of investment choices – from mutual funds to stocks, bonds, exchange-traded funds and alternative investments* that provide additional diversification opportunities – we’ll identify the specific investments to create a well-diversified portfolio. Our position in the industry also means you’ll have access to institutional money managers that might otherwise not be available.
04.
Monitoring & Reporting
We share access to online, real-time reports that provide a clear and comprehensive view of your investments, covering asset allocation, performance history, tax implications and more.
05.
Rebalancing
We’ll periodically adjust your portfolio to make sure it still reflects the plan we’ve agreed on — and do it in a way that’s sensitive to tax consequences.
06.
Ongoing Strategy Review Sessions
As your life changes, and as goals are accomplished and new ones arise, we’ll be with you every step of the way. We will meet with you regularly to make sure you stay on track, recommending appropriate adjustments and helping you identify new opportunities.
*Alternative investments are often speculative, lack liquidity, lack diversification, are not subject to the same regulatory requirements as mutual funds, may involve complex tax structures and delays in distributing important tax information, and may involve substantial fees. These products often execute trades on non-U.S. exchanges. Investing in foreign markets may entail risks that differ from those associated with investments in U.S. markets. These investments may not be appropriate for all investors.