Financial Planning

At BR Capital we approach financial planning from seven aspects:

Investment Planning

We strive to build wealth and protect principle through an effective long-term growth plan that is based on your goals, risk tolerance, and needed return.

Portfolio Analysis

Portfolio analysis means looking at the investments that you own and analyzing them for risk, expected return, and quality.  It also mean looking at how they work together during changing market conditions.

Tax Planning

Minimize taxes be implementing strategies and proper tax advantaged investment selections

Manage Debt

Minimize debt by maximizing its tax deductibility, using it prudently, and managing your cash flow.

Retirement Planning

Retirement Planning consists of identifying your future income needs and sources, and then developing an investment plan for you to work toward financial independence.  At BR Capital we use a tool called the Retirement Income Planner to help you identify the sources and uses of funds in retirement.

Risk Management

Minimize the risk of financial loss due to illness, disability, or death through life, disability, and long-term care insurance.

Estate Planning

Maximize the estate you pass to your heirs or charity, while minimizing cost and taxes.

To address those goals, we utilize the financial planning process as laid out by the Certified Financial Planner Board of Standards.

Financial Planning Process

  1. Establishing and defining the client-planner relationship.The financial planner should clearly explain or document the services to be provided to you and define both his and your responsibilities. The planner should explain fully how he will be paid and by whom. You and the planner should agree on how long the professional relationship should last and on how decisions will be made.
  2. Gathering client data, including goals.The financial planner should ask for information about your financial situation. You and the planner should mutually define your personal and financial goals, understand your time frame for results and discuss, if relevant, how you feel about risk. The financial planner should gather all the necessary documents before giving you the advice you need.
  3. Analyzing and evaluating your financial status.The financial planner should analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.
  4. Developing and presenting recommendations and/or alternatives.The financial planner should offer recommendations that address your goals, based on the information you provide. The planner should go over the recommendations with you to help you understand them so that you can make informed decisions. The planner should also listen to your concerns and revise the recommendations as appropriate.
  5. Implementing the recommendations.You and the planner should agree on how the recommendations will be carried out. The planner may carry out the recommendations or serve as your “coach,” coordinating the whole process with you and other professionals such as attorneys or stockbrokers.
  6. Monitoring the recommendations.You and the planner should agree on who will monitor your progress towards your goals. If the planner is in charge of the process, she should report to you periodically to review your situation and adjust the recommendations, if needed, as your life changes.