Do you ever feel like managing your investment strategies can take way too much time?
With life and the markets constantly changing, our Envision process provides an investment plan to help you stay informed of your current investments and future outlook.
The Envision process provides you with the necessary tools and technologies to address your life goals, determine an appropriate investment strategy, monitor progress, and review your plan when needed.
Our Envision process helps clients easily set and achieve their important life goals.
The Envision process is different. It goes beyond choosing an investment strategy and hoping for the best. It's a life planning tool that helps you and Be Free Wealth Management explore your goals and plan investments around benchmarks that matter to you.
With Envision, you can track your progress and adjust your approach whenever necessary.
You and your financial advisor will sit down together to begin exploring your goals and dreams and discuss any concerns you might have around achieving them.
You'll examine your ability to achieve your goals in multiple scenarios, starting with the ideal and the acceptable. The ideal scenario represents your goals and dreams in a “perfect world.” The acceptable scenario represents the compromises you could make to your ideal goals and still feel comfortable with your life.
To explore as many of your ideal goals as possible, we encourage the use of our Envision Priority Cards. This interactive activity ensures that you and your financial advisor are on the same page, working together to achieve the goals you value most.
To determine the level of confidence you can achieve with your ideal and acceptable goals, Envision stress-tests each scenario 1,000 times. During each of these 1,000 iterations, your goals are subjected to simulated random market returns (up years, down years, flat years, etc.) to help you determine how likely you are to achieve your goals.
“In balance” targeted confidence. Once your financial advisor has an understanding of your ideal or acceptable goals, he or she will create a recommended scenario incorporating the goals you value most while potentially deemphasizing some of your lower priority goals.
Based on your goals, dreams, concerns, risk tolerance, and financial circumstances, your financial advisor can propose an investment mix to help you achieve those goals.
Your Envision plan will create a benchmark unique to your goals and circumstances as a way to track progress along the way. This information will update each night and is available on your statements and online.
Change can present challenges, whether it happens in your own life or in the world around you. If your goals or financial circumstances change, or the markets fluctuate, it's easy to update your Envision plan to account for the changes and measure the impact it has on your ability to stay on track.
The projections or other information generated by Envision tool regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.
Envision® methodology: Based on accepted statistical methods, the Envision tool uses a simulation model to test your Ideal, Acceptable and Recommended Investment Plans. The simulation model uses assumptions about inflation, financial market returns and the relationships among these variables. These assumptions were derived from analysis of historical data. Using Monte Carlo simulation, the Envision tool simulates 1,000 different potential outcomes over a lifetime of investing varying historical risk, return, and correlation amongst the assets. Some of these scenarios will assume strong financial market returns, similar to the best periods of history for investors. Others will be similar to the worst periods in investing history. Most scenarios will fall somewhere in between. Elements of the Envision presentations and simulation results are under license from Wealthcare Capital Management LLC. © 2003-2024 Wealthcare Capital Management LLC. All Rights Reserved. Wealthcare Capital Management LLC is a separate entity and is not directly affiliated with Wells Fargo Advisors.
Our focus extends beyond your basic financial needs to encompass the foundation of your financial freedom.
Designing and overseeing your investment plan is the cornerstone of our service to clients. By creating dynamic, diversified, and flexible investment strategies we tailor our recommendations based on your unique goals. Not simply about security selection, our goal is to design all weather solutions to keep you on the long term path to ultimate financial success.
The primary goal of our clients is to retire with full financial independence. This objective demands careful planning and a comprehensive yet flexible strategy. Such a strategy should address all your financial and personal needs, enabling you to retire with the lifestyle you have envisioned and peace of mind. Our advice and service go beyond your retirement day, providing substantial value.
Paying for college demands careful planning to avoid or manage student debt. Unfortunately, the cost of higher education can fluctuate, making it difficult to know your options. By devising a detailed approach for college funding and utilizing effective strategies, you can receive a quality education without incurring excessive debt.
The process of estate planning involves much more than just transferring wealth or optimizing taxes. It encompasses your intentions, values, family, and legacy. It lays the foundation for positive change. Our approach involves anticipating and leveraging the unique financial complexities of each generation in your family. This allows us to maximize your impact not only during your lifetime, but also for future generations to come.
Life and long term care insurance are crucial components to consider as part of your financial wellness strategy, even though they may not be frequently discussed. It is important to think about these types of coverage regardless of your marital or parental status. The reason for this is that life insurance can provide you and your loved ones with a sense of security in the event of an unforeseen circumstance.