The Scenario

Sophia (32) and Lorenzo (35) are recently married. As they start planning a life together, they begin thinking about how their marriage will improve aspects of their lives. They understand going forward their lives, and in part, their finances will now be more interconnected than ever. They are looking for guidance going forward with planning their finances going forward as Mr. & Mrs. Ruiz.

The Solution

Re-evaluate your financial objectives as a couple

Mr. & Mrs. Ruiz may have been on different pages when it comes to finances and personal finances through their relationship and engagement, but in marriage financial objectives are best set as a team. Meeting as a couple with your financial advisor will give Mr. & Mrs. Ruiz the confidence going forward with their finances as a couple. Once they have their short and long term financial goals in place, they can find a way to “roadmap” their way to success

Roadmap to success  

After evaluating your financial objectives, an advisor should do the planning based on Mr. & Mrs. Ruiz’s objectives. The financial plan should highlight the most effective way they can reach their goals based on their risk tolerance, savings, budgeting capabilities, along with other factors.

Stick to the plan

Creating a plan and setting goals as a couple is difficult, and sticking to the plan can prove to be just as challenging. Having regular check ins with your Advisor, alerting them of any changes in your life. Letting them know how following the plan is going will allow them to use their expertise and experience to help re-evaluate and redesign your plan to suit your changes in your life.

How we would help

Scenario and Chapter Planning are of utmost importance. Whatever situation Sophia & Lorenzo would find themselves in, we would use our expertise, experience, and our commitment to excellence to provide them with the best level of client support available, guiding them towards the best outcome possible given their unique situation.

 

How we would support the individual

Scenario and Chapter Planning are of utmost importance. Whatever situation Sophia & Lorenzo would find themselves in, we would use our expertise, experience, and our commitment to excellence to provide them with the best level of client support available, guiding them towards the best outcome possible given their unique situation.

If you have a similar story to Sophia & Lorenzo, reach out to us and one of our experienced advisors will be happy to assist you.

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