Pillar is a unique financial advisory company.
We have made a commitment to do one thing, and do it very well. And that is to
provide comprehensive financial planning and management to a limited number of
families in the Louisville area.
We are trained and authorized to use a
special process called
Values Based Financial Planning. It’s special in that it is proven to
not only to help you meet your financial goals, but to give you a great deal
of clarity about the real payoff, living a life where you focus on your core
values.
Values Based Financial Planning begins
with a fun and enjoyable experience, the creation of your Financial Road
Map. At your Financial Road Map meeting, we will have an exploration of
what’s important to you, define and prioritize your important financial
goals in a way that you have never experienced before, and organize and
benchmark your current financial reality so that you can decide if you want
us in your life to make your Financial Road Map a reality, and so that we
can decide if you fit in our community.
If together we decide that you will join
our community, the next step is our creation of your written financial
strategy, an essential component to your financial success. All financial
decisions will be made within the structure of this strategy. Your written
financial strategy is a step-by-step plan covering the following main areas:
Cash
Reserves – a strategy to ensure that you have sufficient reserves to be
used in case of emergency (loss of job, unforeseen major expenses, etc.).
Debt
Management – a strategy to reduce/eliminate your debt.
Risk
Management – a strategy to ensure that risks that can be insured are
either insured by a third party (insurance company) or are consciously
self-insured.
Growth and
Investments – a strategy designed to give you the highest confidence of
reaching all of your financial goals, when you want to reach them.
Our second meeting together is to review
your written financial strategy and begin its implementation.
Our role in your life after the initial
implementation of your financial strategy is financial management, guidance
and coaching so that you are continually making progress towards your goals.
Our ongoing role in your life includes (but is not limited to):
Full Time
Investment Management – A significant part of your written financial
strategy is the investment strategy. We are responsible for ensuring that
your investment portfolio is efficiently managed in accordance with your
written strategy.
Periodic
Review – We are going to meet several times per year. The purpose of
these meetings is not to dwell on all the things we can’t control (the stock
market, the economy, Alan Greenspan) and find someone to blame for our
problems. We are going to meet for three reasons:
1.
To measure the progress towards your goals so we can chart the
most intelligent next steps to achieving them (the best you are probably
getting now is a performance report. There is a BIG difference between a
performance statement and a progress report).
2.
To make sure that you have done what you agreed to do since our
last meeting.
3. To make sure you are living a good life.
Ongoing
Advice – We stand ready to advise you on anything financial. This means
you can call, e-mail, or fax us anytime there is a radical change in your
situation, or any time you think we might be able to answer a question, run
some numbers, or simply listen. You are hiring a full-time advisor.
