BAI Financial’s service process has been proven effective over many years. Whether you are nearing or at retirement, just starting out or somewhere in between we customize our service for your specific needs and develop financial strategies to address your specific goals.
We determine your current financial position with a comprehensive review of your cash flow, benefits, a look at your risk areas, current investments, and protection options and then consider the long-term view for retirement. Included in this process is consideration of sometimes intangible legacy issues and how you want to address them.
From there we analyze the information and develop recommendations based on your stated goals, tolerances and preferences. We want you to be comfortable with your strategy and take a lot of time to interact with you during this process so you know exactly what is happening every step of the way.
You stay well-informed with BAI Financial through our Account View section here on our web site. You have complete confidential access to your portfolio and can visit whenever you wish to view your progress, determine adjustments you need or wish to make and ask questions of our team.
BAI Financial’s commitment to you is to take the appropriate amount of time for a thorough review of your current financial situation, as well as to understand your personal goals and comfort levels to insure we develop the right strategy for you. You are an important part in this discovery process and together we will spend a good deal of time together in the initial stages.
Often, our industry offers “financial planning” services at no upfront cost and companies earn their fees by placing clients into affiliated products. BAI Financial believes we should be working for your benefit, not ours. We firmly believe that advice offered independent of any “strings” attached is the most trusted one can receive.
Thus, our fees consist of a single cost that varies based on the complexity of the plan over a 20 month working period and ordinarily amounts to no more than what you earn annually per hour or 1% of salary. We call it BAI PLAN 120.
Why 20 months? It initially takes a few months to complete our review and information gathering process as well as analysis and recommendations. After we have delivered your tailored plan, you will implement it as you choose. It is generally best to allow additional time to pass to let the strategy take effect and measure initial results.
Every 20 months we repeat our process, using accumulated results measured against the long-term goals so that we can make the needed adjustments.
*Financial Planning offered through LPL Financial