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Creating a Financial Planning Process

  • Oppenheimer & Co. Inc.
  • April 25, 2019

What to know to prepare for life’s financial twists and turns

couple looking over documents

Throughout the various stages of life, we manage our finances by balancing today’s needs with an understanding there will be others, both large and small, along the way. At times, the significance and complexity of some of the issues raised can paralyze even the most experienced investor. Sometimes the answers are not simple; however, there may be opportunities that we as investors can take toward answering the financial questions that matter to us.

Oppenheimer Asset Management’s financial planning process is designed to examine and help answer those complicated questions affecting your financial life.

Our process takes a holistic approach to assess your individual needs. This method will help guide you through an examination of financial objectives in an effort to uncover opportunities and identify obstacles affecting your ability to reach those goals. This process will help create a personalized financial plan that will clarify and add structure to your financial life. Perhaps, more importantly, the knowledge gained will empower you to take action.

The 4 steps of the financial planning process

Together with your Financial Advisor, define your goals and objectives and collect the necessary data. This is arguably the most important step.

All information will be assessed using a variety of tools and methodologies. The result is your personal financial plan: a printed document that can serve as an easy reference manual for you and your family.

Together, you and your Oppenheimer Financial Advisor will lay out the next steps to begin implementing changes to your financial plan. They may include updates to your investments, insurance coverage, estate planning documents and more.

Just as we move through life and make proactive and reactive changes, the same goes for your financial plan. We will remain engaged and check in from time to time to ensure your financial plan is up to date. And make adjustments as your financial status and needs change.

Our approach and capabilities

Whether you are saving for that first home purchase, growing your family, and thinking of college or planning for retirement, our process is intended to create a foundation for defining—and hopefully achieving—your financial objectives.

Together, we work as a team, with you, your family, your Oppenheimer Financial Advisor and other advisors such as your CPA and attorney.

The benefits of our practice include:

A Simple, Flexible and Disciplined Process

  • The relationship and financial plan will change over time. But the framework for how we reach your objectives is unwavering regardless of market conditions or personal situations. We believe this steady approach leads to a more secure future.

Personalized Attention

  • You will be connected with dedicated professionals who provide tailored advice and specifi c guidance on structuring your assets for your unique goals and objectives.

A “Big-Picture” Approach

  • In creating a financial plan, we ask a variety of questions to help you prepare for current and anticipated needs. Your immediate goals are the focus, but we may also uncover new challenges that have yet to be prioritized.

Ongoing Relationship

  • Your Oppenheimer Financial Advisor will follow up with you regularly to review personal and fi nancial changes that have potential to impact the effectiveness of your plan. Revisions will be recommended over time.

As time passes, and we move through new chapters of life, it is imperative to establish and maintain the blueprint toward achieving a financially secure future that allows us to accomplish our most meaningful goals.

It is our mission that clients understand their financial position, have confidence in their investment decisions and feel optimistic about their future. Take the first step in the financial planning process by contacting your Oppenheimer Financial Advisor today.

Oppenheimer & Co. Inc. (Oppenheimer), a registered broker/dealer and investment adviser, is a wholly owned subsidiary of Oppenheimer Holdings Inc. Securities are offered through Oppenheimer. If you select one or more of the advisory services offered by Oppenheimer & Co. Inc. or its affiliate Oppenheimer Asset Management Inc., the respective entity will be acting in an advisory capacity. Financial planning services are provided by Oppenheimer. If you ask us to effect securities transactions for you, Oppenheimer will be acting as a broker-dealer. Please see the Oppenheimer & Co. Inc. website, or call the branch manager of the offi ce that services your account, for further information regarding the difference between brokerage and advisory products and services.

Trust services are provided by Oppenheimer Trust Company of Delaware, an affiliate of Oppenheimer.

Alternative investments, such as Hedged Equity, Private Equity and Fund of Funds, are made available by Oppenheimer only to qualifi ed investors and involve varying degrees of risk.

All information provided and opinions expressed are subject to change without notice. Neither Oppenheimer, Oppenheimer Trust Company of Delaware nor OAM provide legal or tax advice. However, your Oppenheimer Financial Advisor will work with clients, their attorneys and their tax professionals to help ensure all of their needs are met and properly executed.

© 2018 Oppenheimer & Co. Inc. Transacts Business on All Principal Exchanges and Member SIPC. All rights reserved. No part of this brochure may be reproduced in any manner without the written permission of Oppenheimer. OAM04092018JB1

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