Money Management
Plan & Act gives you objective, independent financial planning
and advice, as well as providing you with fiduciary Money Management services to
help you implement your plan. A plan without action is like a luxury car with no
wheels. It’s nice to look at but it will never get you anywhere. Having the most
stellar Financial Plan without following its recommendations will never help you
reach your financial goals.
Making Plan & Act your Money Manager gives you the opportunity
to put your Financial Plan into action. This is done with the help of one of our
Implementation Representatives who will contact you to explain the recommendations
in your Financial Plan and enroll you in the Money Management services.
Through a relationship with Scottrade, Plan & Act is able
to offer you a full line of investment options to help you reach your financial
goals. We also make it easy for you to transfer your existing accounts to their
platform, enabling us to play a more proactive role in the ongoing money management
process. In about 10 minutes, you can open an account by completing their online
application. Then submit the Account Transfer Form that will be provided to you
by one of our Implementation Representatives who will contact you via telephone,
and you’re ready to get started.
The entire process is very simple.
- #1 Get Your Plan - Once you have gone through the online interview to have
Plan & Act’s objective and thorough Financial Plan completed and delivered to you
via our secure customer portal, an Implementation Representative will contact you
by phone at a time convenient for you to identify any further information that may
be required and what the next steps will be.
- #2 Enroll in Ongoing Money Management - Then, the Implementation Representative
will help enroll you in the Money Management service so that your assets are managed
in a fiduciary manner in accordance to the personalized recommendations stated in
your plan. This includes asset allocation and quarterly portfolio rebalancing.
View an example of an Investment Advice (PDF)
- #3 Receive Continual Investment Advice - Since Financial Planning is not
a “once and done” event but rather a lifelong process, you will receive quarterly
communication from Plan & Act via email and from an Implementation Representative
to help you continue to stay on course and make adjustments as changes in your life
demand it. An annual financial plan will be done for you for the same low fee of
$199.
