We endeavour to build long-term relationships with each of our clients. In order to do so, we need to be sure that our approach to managing investments is aligned with their needs and wishes.
Our first meeting is quite informal. Often it is over coffee in a mutually acceptable location away from our office. We want to ascertain if we are likely to work well together, and also try to give you an understanding of how we work and the services we offer.
Most important for us is to learn more about you as a person, as well as your hopes and expectations. So we engage in a question-and-answer process, which helps us quickly find out your needs and desires, and get to know you as well as we can in a short time.
If we agree that we are likely to be well suited, we arrange to meet again in a more formal setting to discuss your current financial situation and your investment goals.
We present our findings, letting you know where we think you’re doing well in your finances and what you could be doing better. We will present a number of options for you to select the one that best fits your objectives and risk tolerance.
Depending on your specific needs, we will then draw up account paperwork for your signature. Once signed, transfer authorizations will be submitted for the assets from your current institution to be transferred in-kind.
The fees paid to your current advisor will then be directed to Echelon Wealth Partners, as required, and future transactions will take place on your account at Echelon Wealth Partners.
A complete plan will be written up and reviewed with you.
Depending on the needs identified during the planning process, this plan will include investments, retirement needs, estate planning and tax planning, along with an action plan for you to follow.
We will work with your other professionals, such as your lawyer and accountant, to help put the action plan into effect. If you don’t have a professional network, we can refer you to experts in all relevant areas.
We monitor your portfolio carefully, making adjustments and refinements as necessary.
Every quarter, we provide you with a statement that summarizes the individual securities held in your portfolio. Also, each month in which a transaction has been made, you will receive a monthly statement.
We will schedule regular communication through phone conversations, newsletters, research reports, and value-added seminars.