Steven L Penn
Wealth Management Advisor|MSFS, CFP®, ChFC®, CASL®, RICP®
Focus the blur, reduce the uncertainty, achieve your unique vision.
Financial Planning
As financial planners, we are compensated for the time and expertise put into designing and creating your personal financial plan. Under this fee structure, we have a responsibility to ensure your interests and goals are always put first. Our planning process is modeled after the CFP Board's planning approach, and often includes, but is not limited to, the following areas:
Financial Independence
Survivor Planning
Disability Planning
Long-term Care Planning
Investment Planning
Income Planning
Estate Planning
Tax-Related Planning
Business Planning
Group Benefits Planning

Our planning process typically consists of six meetings over the course of approximately 12 weeks. Our typical planning fee is $4,000, though the actual fee is determined based on the scope of work.
Here is an overview of our planning process:
1. Introductory Meeting:
In this meeting, we'll learn about you, and you can learn about us to determine if we are a good fit.
2. Discovery Meeting:
In this meeting, we will work together on the following:
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- Clarify your goals
- Define scope of the agreement
- Determine whether to mutually engage in planning
3. Initial Planning Meeting:
In this meeting, we will review the following:
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- The first draft of your custom Financial Plan
4. Planning & Implementation Meeting:
In this meeting, we will review the following:
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- The final draft of your Financial Plan
- Plan recommendations
- How to put your plan into action
5. Implementation Meeting:
For clients that want our assistance putting their plan into action, we will work together on the following:
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- Review Product and Service based recommendations
6. Wrap-Up Meeting:
In this meeting, we will:
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- Confirm all work is complete
- Customize your preferences
- Schedule your semi-annual review meeting