Our Process - What You Can Expect

Matrix Actions/Responsibilities

Wealth Management Sequence

Client Actions/Responsibilities

We will provide a description of our comprehensive wealth management and investment advisory services offered and create a picture of how we interact with clients. We will also seek to understand your needs and goals, so that it can be determined if we are a good fit for your needs.

Step 1 - Introductory Meeting or Teleconference

Before this meeting we will provide our website address and an introductory packet with a short data questionnaire that we ask you complete prior to this meeting.

We will clearly explain the key points of the agreement and that although the agreement asks for only a year, we are looking for a long-term relationship. We will also provide you with the comprehensive data questionnaire. This is done in conjunction with Step 1 meeting or later by phone and/or email.

Step 2 - Execute a Financial Planning and Investment Advisory Agreement and Gather Data

Read our agreement and understand the services being provided, the fee, and how you are billed (quarterly in arrears). Sign the agreement. Provide additional data by completing the entire data questionnaire and requested documents at least three weeks prior to our meeting in Step 3. Complete a DISC profile on our website. This is a brief psychological tool.

In this interactive meeting, we discuss and clarify the information you have provided to us. We ask you to fill in any gaps in the information, and we continue to refine your goals. We will also gauge your risk tolerance through an internal tool that has been developed in house over 20 years.

Step 3 - Meeting to Discuss Risk Tolerance, Financial Planning Assumptions, and Review Goals

If married, we would like your spouse involved in this meeting. You will answer risk tolerance questions, review our assumptions pages to ensure that the assumptions that will drive the financial plan are accurately represented, and review the list of goals we have documented for you to ensure they are accurate and comprehensive.

We go to work creating the financial plan, an appropriate Investment Policy Statement (IPS), and a specific portfolio allocation based on the principles of Modern Portfolio Theory and your responses to the Risk Tolerance Survey. We also schedule a meeting to present the findings.

Step 4 - Formulation of the Financial Plan and the Recommended Portfolio Allocation

Call with any questions or concerns. Also, review  the financial planning area of our website at www.MatrixWealth.com

This may happen over several meetings and/or teleconferences . We will make specific recommendations, discuss plan implementation, and make sure that you agree to the portfolio allocation. We will provide a binder for your financial plan. It will also be a helpful place for future correspondence and the financial plan updates you request.

Step 5 - Presentation of the Financial Plan and Investment Recommendations

Congratulations! You now have a customized workable financial plan, and a diversified portfolio that was developed with these goals in mind.

Your portfolio allocation will be implemented and you will begin receiving quarterly statements and the Matrix Quarterly Memo. Any changes in the plan, if material, will result in changes to the affected financial statements. We will send you any necessary updated financial statements to be placed at the back of your binder. There are financial planning items from the recommendations page that Matrix will follow-up on.

Step 6 - Implementation and Follow-up

You will need to sign paperwork for us to set up accounts for current assets and you may have to contact previous employers to assist with transfers. We ask that you follow-up on certain items identified in the financial plan and located in the Recommendation pages. This may involve the services of additional professionals such as an attorney, CPA, insurance agent, business appraiser, etc. Keep us updated on changes in your financial situations or even anticipated changes.

We provide a portfolio review and economic update meeting at least annually. We provide a document request in order to update the plan for changes or respond to your most pressing planning issues. Our goal is to help you ensure that you are on target to reach your goals. We will contact you about upcoming meetings.

Step 7 - Second Year and Beyond

Provide documents and/or answers to questions for plan updates.