Metro Detroit Financial Planners

What Is Financial Planning?

Financial Planning is the process of taking control of your financial well-being by identifying your needs, goals, and objectives as well as formulating a plan of action to make sure you are successful at getting to where you want to be. Whether it be saving for retirement, buying a new home, funding a child's college education, or protecting the assets you already have, financial planning is an important step in all phases of life.

Through an interview process, the financial planner will usually ask you a series of questions relating to your financial well-being, while at the same time filling out a "fact finder" sheet.  The "fact finder" sheet is how we uncover the most pertinent financial information needed for us to help you set financial goals, satisfy your needs, and design a plan for financial success.  

Who Needs a Financial Planner?

In almost all instances, whether you have very limited resources or a substantially large estate, you can benefit from the help and guidance of working with a financial planner.  Especially when you begin to consider the rapid changes that have taken place recently in the economy, tax laws, financial products, and interest rates.  It is extremely difficult for the average investor to get ahead in today's volatile economic climate without working with someone in the financial services industry who is current on all of the latest changes.

You should never be too proud to seek help in areas that you are lacking expertise.  Even the most savvy, do-it-yourself investors have been flocking to experienced financial planners that can help them make sense of what is going on in the economic world today, as well as providing a second opinion on their current financial situation.  

The Benefits of Working with a Financial Planner?

There are many benefits to working with a "qualified" financial planner. However, the main benefit is having is a financial planner that is dedicated to helping you achieve the financial success you have always wanted by implementing a well laid-out plan that is designed for you and monitored from beginning to end.

When you work with a financial planner, you need someone who will look at your financial situation using a comprehensive approach.  A comprehensive financial planner will analyze your unique situation from every angle, not just in areas where they can tout their financial products that will only benefit you in one area of the numerous financial needs you may have.

At O'Neil Financial, we look at the big picture.  We analyze your entire situation, design a well thought out plan to meet all of your needs, and consistently watch your investments to make sure you get the most out of every dollar you invest with us.