OUR PROCESS

At enCompass Wealth Management, we focus on two key processes: financial planning and portfolio creation. While we are instrumental in implementing a highly disciplined, institutional-quality portfolio management process on behalf of our investor clientele, simply focusing on risk, return and correlation dynamics in a portfolio management process is not enough for success. There needs to be ongoing, long-term strategic guidance to navigate clients toward their goals.

As a practice, we emphasize the importance of financial planning and creating a core advisory team by integrating all client-trusted professionals—namely tax and estate—into the advisory process in order to satisfactorily assess and address all issues from multiple professional disciplines. In cases where clients lack these essential professional relationships, a core advisory team can be readily implemented with outside professionals with which our organization maintains a working relationship. These selected individuals are demographically positioned to span generations, providing continuity in serving clients and their families today and in carrying out their long-range wealth management and legacy plans.

Financial Planning Process

Financial planning is an ongoing process, not a one-time event. A financial plan needs to be continually reviewed as we experience life. The financial planning process consists of six steps that involve a commitment from both parties:

1. Defining client goals, needs and objectives.
2. Gathering and providing all appropriate data.
3. Examining the result of the current course of actions if no changes are made.
4. Formulating any recommended actions and/or alternatives.
5. Implementing recommendations.
6. Monitoring and reviewing your financial situation and investments on an ongoing basis.

Portfolio Creation Process

The portfolio creation process centers on four key steps:

1. Assessing your risk tolerance, understanding your objectives and developing an investment policy statement.
2. Constructing a diversified portfolio for your intended purposes.
3. Monitoring your portfolio and making any necessary adjustments to keep you on course.
4. Reporting portfolio performance through detailed monthly account statements and quarterly performance reports.