Tracking net worth is an important step in charting a clients financial progress. Net worth is the equity available to an individual after subtracting out the amount owed against an asset valuation. It is a calculation of your net financial resources available at a stated period in time, and is an important barometer of your overall financial health. Like a company balance sheet, changes in net worth are an important indicator of wealth accumulation or changes in wealth.
Tracking client target goals is also an important means of measuring your financial process. We help each client identify and prioritize their goals according to their circumstances, whether the goal is to accumulate a target amount for college tuition, develop retirement income streams, transfer a business, plan for long-term health care, or change their primary residence.