Broker Check

What is Financial Planning?

A financial plan is a fluid plan built on an in-depth look at your current financial situation in combination with your personal goals, designed to give you a blueprint to help you live your best life and pursue your goals. We believe you should expect your financial plan to:

  • Accurately reflect your personal financial situation
  • Address the issues most important to you
  • Become a "blueprint" for your future
  • Be flexible and adaptable
  • Be something you can implement

The process of building a financial plan with us is unique because we emphasize collaboration between you and your advisor. The process typically takes between 2 weeks and 2 months and is spread out over 3 appointments. Here is a general overview of the financial planning appointments:

  1. The objective for the first appointment is purely listening and data gathering. Your advisor will: listen to your goals and concerns, learn about your current lifestyle, and gather all of the necessary documents and data to help build a plan. 

    During this meeting you will also be given access to your personal Waddell & Reed WealthLink (previously the Wealth Management Site) and a guided overview of how to use it. See a preview of the Financial Planning tool by clicking the "Learn more" button below.

  2. During your second appointment you can expect a "brainstorming session" where you and your advisor will discuss different strategies available to you, as well as pros and cons of each; in addition, you may explore any new ideas that come up along the way. In more complex plans there may be more than one "brainstorming session" in order to find what strategy/ies may work for your specific situation.
     
  3. In the final appointment we work through implementation - whether than be opening new accounts, consolidating existing accounts, accompanying you to a meeting with your estate planning attorney, etc. We want you to be able to count on our support and guidance every step of the way.


<p>Once Upon a Goal</p>

Once Upon a Goal

Do you know how to set up your financial goals for success? This knight does.
Learn More
What to Bring

What to Bring

What items are important when forming a financial plan? Click the Learn more button to find a comprehensive list of items to being to your first financial planning appointment.

Learn more

Our Associates

Trust. Honesty. Integrity. Meet the individuals who comprise the Intrinsic Financial Design Group.

Learn more

Contact Us

There are several ways to get in contact with our office. 

Learn more

Client Logins

Various client account access pages for our clients are all found in one convenient place (WealthLink, Mutual Fund Account, and Brokerage Account).

Learn more

Business Planning

In additional to personal and household financial planning, we also offer planning services for your business.

Learn more

Waddell & Reed, Inc. offers financial planning services in its capacity as a registered investment adviser. Consult your financial advisor for a breakdown of the fees associated with these services.  Investing involves risk, including the potential for loss of principal. Waddell & Reed does not offer tax or legal advice.  04/20