How We Work
Poodiack Wealth Management Group was born out of the desire to find a BETTER way to help clients improve and organize their financial lives into an easy-to-understand format.
Our objective is to take all the pieces of your financial plan and put them in place to help you achieve and maintain your financial independence. Thus, each plan is designed to meet your unique objectives and goals.
We call this process the Magna FORMula. It’s centered around 7 pillars upon which your financial future is built.
In the video below, Liana and Alexis discuss our process and how FORMula helps our clients and us work as a team to identify their priorities and goals for the lifestyle they want.
Finding Your True Wealth
Ultimately, money is the means to achieve your present and future goals. Where are you in your current life? Where do you see yourself in five, ten, or 30 years? What are your priorities? These are among the questions we’ll ask you as we help you formulate your financial plan. We’ll help you define your true wealth, then develop the path to get there.
It’s our goal to help you implement a plan with multiple strategies to reduce risk for all possible outcomes, without apprehension.
There is no “one-size-fits-all” solution when it comes to planning for your future. And because we’re an independent firm, we’re under no obligation to sell proprietary products or services. That means we’re objective and selective, offering only those investment products and services we believe are best suited to help meet your financial goals.
Watch the video below with Liana and Travis describing True Wealth.
Ensuring a Good Fit
No financial advisor can be all things to all people. We are no exception. But we can be all things to some people. It’s in both your best interest and ours that we are a good fit so we can deliver the level and quality of service and commitment you deserve.
When we engage with a client, we become partners in planning their financial future. So we begin with our Fit process to ensure a relationship that is philosophically aligned — not defined by money or investments, but rather attitudinal qualities.
The Magna FORMula is designed to continually adjust and monitor your critical life and financial events to keep your plan on track.
The Magna FORMula focuses on 3 phases we call “the three D’s”.
- Focus on what you want to accomplish
- What is essential to you?
- How will we get you there?
- What services are the best fit for you?
- Financial and legacy planning
- Customized strategy implementation
- Ongoing continuous service
We engage in panoramic financial planning in the context of a long-term partnership with you.
Integral to any partnership is trust. In the video below, Travis discusses the importance of earning our clients’ trust every day.
To maintain a successful working relationship, one where we can help you achieve your financial and lifestyle goals, you can expect that we will consistently and responsibly perform all the services outlined below.
We Will Always:
- Focus on what you want to accomplish
- Update your financial information as your life unfolds and needs evolve
- Carefully determine and monitor your investment risk and time-frame
- Explain the implications of all recommended financial planning strategies
- Update you as appropriate by appointment, email, mail and phone
- Meet with you regularly to review your personal financial situation
- Act as your primary financial advisor and steward of your financial future
- Coordinate with other financial professionals when your plan requires it
- Treat you with the utmost respect and professionalism
Having a solid partnership is essential to effective financial planning. To this end, our stewardship framework is designed to keep us informed of any new developments that might affect these strategies. There is no winging it; nothing is left to chance.
Weighing Your Risks
Your plan is unique to you. How much risk is factored in depends on your situation, your goals, timeline and comfort level with investing.
“Riskalyze” is a powerful state-of-the-art program we and our clients use to determine their risk score.
Once we understand your goals, priorities and risks, we’ll develop an investment and wealth management strategy that is unique to you.