Guidance for the big picture and finer details

A refined perspective on money management

We hold ourselves to a high standard when working with our clients. We take the time to thoroughly review and update all documents pertinent to a family’s overall financial health. These include estate and trust documents, insurance policies, liabilities, titling of assets and investments. The result of this process is a Personal Financial Statement. This document provides our clients a comprehensive and consolidated financial snapshot. It includes a customized balance sheet, income statement, statement of cash flows, goals and aspirations, investment allocation, long term care analysis and more. We have recently enhanced our due diligence process in order to better monitor the risk management of our clients’ portfolios. We believe now is the time to be proactive, increase dialogue, and help ensure that our investment strategy is sound. The software we are implementing for our clients in order to perform this due diligence is called Hidden Levers (HL). HL affords us the ability to run scenarios that are topical to today’s economic and geopolitical environment. The stress tests we apply allow us to quantify the potential impact to portfolios. We utilize this document at every meeting to ensure that we are on plan. In addition to solid processes, the Sheehan Wealth Advisory Group provides our clients a single point of contact. We regularly facilitate meetings with our clients, CPA’s and attorneys. We are most often their first call when life gets in the way of a good plan.

Before our established and professional team can serve you, we must first get to know each other to help ensure that our collaboration is the best choice to meet your unique needs. We do this by spending time with you to ascertain and understand your unique goals, overall financial situation, investment experience and risk tolerance. During this time, we also provide the framework for how we think and operate so you have a clear understanding of our robust capabilities and services, and how they can be tailored to you.
Our next course of action is to come together as your financial counsel to carefully analyze the totality of information we have discovered. It’s this detailed evaluation that enlightens the decision-making for designing your personal plan. At times, it makes sense to coordinate among your other trusted advisors, such as your attorney and accountant, in order to simplify your plan and help ensure it is well-managed overall. At the end of this phase, we present our tailored recommendations to you – answering questions, considering alternatives and outlining next steps as we move toward implementing your plan.
Once we receive your stamp of approval, our professionals extensively research all elements of your custom plan to prepare for execution. The strategies we’ve selected are aligned with our broad base of in-depth resources, which we access through Raymond James. With your approval, we will execute your customized strategy using the extensive research and resources available to us. This involves the selection of specific account types, investment products and optional services, and the careful handling of all necessary paperwork.
After your intricate plan is implemented in alignment with your goals, we will prudently review its progress relative to your defined objectives. As we look to provide guidance beyond your wealth, part of our integrated planning means staying abreast of any changes in your life and advising when changes are needed with your custom plan. Expect our astute team to provide reporting of your account activity and conduct reviews so we can be sure to cover all aspects of your financial future.