Financial Planning

Financial Planning

Novare Capital Management offers comprehensive financial planning services including retirement planning, education funding, estate planning and charitable giving strategies. Our philosophy is to build a sound financial plan that meets your goals and objectives and provides for your lifestyle.

Steps to Creating a Comprehensive Cash Flow Plan

  • Listen carefully to understand a client’s financial goals and motivations
  • Analyze client’s current financial situation to identify strengths and weaknesses
  • Discuss age, time horizon, risk tolerance, tax situation, liquidity needs, etc.
  • Assess need for comprehensive financial plan/cash flow plan
  • Determine client’s investment goals and objectives
  • Collect and organize relevant data – income, expenses, tax returns, investment statements, estate documents, life insurance policies
  • Analyze data using sophisticated models
  • Complete net worth analysis
  • Run Monte Carlo analysis to determine the probability of success
  • Present Cash Flow Plan to client
  • Review and update plan on annual basis