Holistic Planning
How Does It Work?
Holistic financial planning provides direction and meaning to your life. By viewing each financial decision as part of a whole, you can consider its short and long-term effects on your life goals. Our approach leaves no stone unturned, yet it is clear and concise.
At Tesla Wealth, we want our clients to have peace of mind while pursuing their life goals. Whether they are buying a new home, saving for their child's education, planning for retirement, or leaving a legacy to their loved ones, we want to protect our clients' financial wealth in a safe and tax-sheltered environment.
The process involves:
Our rule is always to get a plan and process first. Therefore, before we recommend any product, we educate our clients about their finances and set their goals. Then we propose several game plan scenarios with the best matching financial tools.
Let us introduce the four phases in our Holistic Planning process. The cycle begins with discovering the possibilities and Imagining the life goals you could achieve with our holistic guidance and optimal and coordinated financial planning. The second step is to Get Protected and Organized by verifying and monitoring what insurance contracts you have in place and their purpose. The third step is to adopt the saver's behavior and minimize exposure to losses. Finally, the last step represents the implementation of all the previous actions. The final step is reflected by Creating Balance, Efficiency, and Optionality.
AREAS OF IMPROVEMENT
Vision Clarifier
You will gain greater insight and connection into your future dreams, the relationships that matter, the experiences you want to enjoy, and the impact you want to create. You will begin to connect the effects of your money decisions to your life's purpose and dreams.
Resource Inventory
Perhaps for the first time, you will have all your present financial resources inventoried, organized, and assembled in an easy-to-understand web-based model.
Protection Priority
You will have clarity of your unique lifetime wealth opportunity. You will better comprehend the subtle and direct threats that can erode or destroy it. You will better understand your present protection condition and the available options to build a robust financial immune system.
Cash Flow Optimizer
You will become aware of the power of cash flow to build and preserve your wealth. By activating the cash flow potential from your assets and income, you will see opportunities to create further balance, efficiency, and control.
Investment MRI
You will have a new view of the state of your investments from an assessment based on academically designed principles. You can better understand and objectively measure how your asset choices' design affects your portfolio's total performance and risk elements.
