Our Process : Aurum Wealth Strategies and Insurance Solutions LLC | Los Angeles, CA

Our Process

6 Step Process Graphic

Qualitative Before Quantitative

When it comes to your financial plan, it can be tempting to start with the numbers. But at Aurum Wealth Strategies, we want to understand the qualitative aspect of your life before we dive into the quantitative. That’s why our first step is to talk about what matters to you—because unless we connect as people, we can’t connect your wealth to your most important goals.

Once we get to know you, we walk you through the planning process and identify ways to optimize your financial outcomes. Whether you want to analyze every detail or you just want a high-level summary of your strategies, we’ll provide all the information you need to feel confident about your decisions.

Step 1: Review

Every family's financial situation is unique. That's why it's so important to find out as much as we can about you and your financial goals. The more we know about you, the more precise recommendations we can make and the more we can help you. As a result, we may take some time to discuss your hopes, dreams, and objectives, and the things that really matter to you. This is the basis for the first meeting with anyone we sit down with.

Step 2: Analyze

As needed, we will work with you to identify and prioritize your objectives, and then help establish benchmark goals. This is important because we live in a world of unlimited choices. People often fail to achieve objectives because they try to accomplish too much at once, or they don't attach specific deadlines to their goals. By breaking down your goals to specific objectives, you can look at available resources and decide which goals are realistic, and which should be adjusted and scaled down.

Step 3: Develop

Based on our conversation and analysis, we can recommend the steps that it will take to help you achieve your financial goals.

Step 4: Coordinate

We regularly coordinate insurance and financial activities for clients with the other members of their team of financial, tax, and legal advisors. We can do the same for you.

Step 5: Implement

We'll implement your strategy, and work closely with you and your other third party professionals to ensure its success. We'll monitor progress and provide ongoing service as your needs and situation change over time.

Step 6: Monitor

This is not a one-shot deal. Strategies need to be adjusted periodically as your life and the economy changes. We will work with you over the years to help keep your strategy on track with your changing needs.