Foundations Planning Process

If you’re a business owner considering your exit or approaching retirement in the next three to five years, you’re probably asking yourself one or all of these questions:

How do I minimize my taxable income?
Can I continue my current lifestyle when I slow down or quit working altogether?
Are the right protections for my family in place if/when I pass away?
Is my investment plan right for me?

This is certainly not an exhaustive list of questions we receive during discussions with clients and prospective clients, which is why we document and create a customized ‘Foundations Playbook’ for each client household we onboard.

For those who are exploring if our team is the right fit and vice versa, there is no cost or obligation to go through this process. We simply want to explore how we may be an asset to your family prior to engaging in a formal relationship.

Meeting cadence to explore if we are a fit to work together

‘Fit’ Meeting | In Office/Virtual

This meeting allows us to understand your intentions, your situation, and gives us both a chance to make sure your needs match our practice.

What Is Important to You, Your Family, and Your Legacy?
Understand Your Goals, Priorities, Concerns, and Unique Financial Situation
Overview of Our Philosophy, Planning Strategies, and Process
Is There a Fit?

Our Analysis Behind the Scenes

We will utilize our team’s years of experience and our firm’s robust resources to help address the questions you may have:

Analyze Current Investments and Potential Complications
Discover Where and How We May Add Value as Your Life Unfolds
Utilize Portfolio Analysis Tools and Financial Planning Software via Stifel Wealth Planning to Assist in Guidance

Planning and Strategy | In Office/Virtual

This is where the rubber meets the road. In this meeting, we will present our findings on how our team proposes to seek to improve your financial situation.

Presentation of Wealth Management Process
Discuss Current and Future Investment Approach/Strategies
Explain Team Structure/Service Model

Do We Work Together? At Least 48 Hours

You will want to ask yourself these questions:

Do I Trust and Respect the Skidaway Wealth Advisory Group?
Do I understand and agree with their process and investment philosophy?
Does their guidance make sense?

Will the benefits of working with them outweigh the cost?

Onboarding/Paperwork | In Office/Virtual

During this scheduled time, we answer any outstanding questions and begin gathering pertinent data to onboard you as a client.

Welcome Kit
Signatures and Wealth Tracker Login
Review Service Matrix
Begin Transfer Process

Client Onboarding Process

What to expect after becoming a client of Skidaway Wealth Advisory Group

Onboarding Meeting

Welcome kit
Establish accounts
Signatures
Stifel Wealth Tracker login
Begin transfer process

Deployment of Strategies

Transfer assets
Foundations Playbook
Discuss type and frequency of communication
Responsibilities assigned and “Who to Contact”

First Statement Call

Answer questions on first statement received
Gather additional outstanding documents
Tie up any loose ends

Wealth Team Integration

Coordinate with CPA, attorney, and other service providers, as needed
Insurance planning
Liquidity needs, credit, and access to lending services
Estate planning strategies and family dynamics

Periodic Strategy Discussions With You

Agenda sent prior to meeting
Track progress toward goals
Adjusting plan as life unfolds
All meeting notes in Sales Force
Value-Added Services
(Family/Friends)

Stifel’s banking and lending services are provided by Stifel Bank and Stifel Bank & Trust (collectively Stifel Banks). Stifel Bank, Member FDIC, Equal Housing Lender, NMLS# 451163, is affiliated with Stifel Bank & Trust, Member FDIC, Equal Housing Lender, NMLS# 375103, and Stifel, Nicolaus & Company, Incorporated, Member SIPC & NYSE, each a wholly owned subsidiary of Stifel Financial Corp. Unless otherwise specified, references to Stifel may mean Stifel Financial Corp. and/or any of its subsidiaries. Unless otherwise specified, products purchased from or held by Stifel are not insured by the FDIC, are not deposits or other obligations of Stifel Banks, are not guaranteed by Stifel Banks, and are subject to investment risk, including possible loss of the principal.

Stifel does not provide legal or tax advice. You should consult with your legal and tax advisors regarding your particular situation.

Let's Start Planning