How To Use Our Office
There are two main goals of financial firms: building wealth and protecting assets.
Our competitors often focus primarily on increasing income and investing positive cashflow. After helping the client to acquire wealth, then the company assists with building a nest egg, creating a retirement savings plan and sorting through estate planning.
For clients who are willing to take the risk, there is nothing wrong with this approach per se. However, we believe in offering protection first and building wealth later. There is always some level of risk in investing, so by securing your assets first, you help to protect the people you love and the success you have already built.
Here are some of the steps we take to ensure financial security for yourself and your loved ones:
- Insurance Products
- Estate Planning
- Retirement Planning
Many clients are surprised to learn that we begin our wealth-building process by getting to know them.
This involves not just basic information about yourself and your financial goals, but also collecting data about your current financial status.
Have you paid off all your debt?
How far along are you with saving for retirement?
Do you have a large family to care for, or are you are a bachelor?
These are just some of the many questions we need to address.
Thus, by getting to know you first, we are in a much better position to protect your interests. With this out of the way, we can then move on wealth-building strategies, through generating positive cash flow and building private equity.
We understand that not everyone begins their financial journey with a sound understanding of how the financial market works.
As a result, part of our ongoing support includes educating our clients on all their available options before recommending a decision.
Additional ongoing support includes:
- Tax Preparation
- Cash Flow Management
- Philanthropic Planning
- And Other Financial Planning Services!
We encourage our clients to keep their personal wealth management information updated on the PWS website.
Why is this important?
When we assist with preparing your documents, it is imperative that we have accurate and current information. This is especially important for tax, insurance and estate planning services.
When meeting with the Precision team, please bring the following items:
- Updated Cash Flow
- Outside Assets
- Risk Questionaire
- Changes In Your Life
- Outside Insurance
- Updated Documents For Us To Review
- Comparison Of Outside Portfolios