Financial Planning

Understanding how to prioritize your moves—and get you moving in the right direction—is what our planning process is all about. Your Truist Wealth advisor will help you make sense of planning with some basic questions:

Selecting investments is a byproduct of planning—not its purpose.
The true purpose is providing you with a roadmap to get from point A to point B on time and with as little risk as necessary.

Along the way, we’ll need to manage a variety of competing goals:
financial, educational, tax, retirement income, and estate planning to name a few.^{Disclosure 1} But we do more than just look at each goal in isolation. We also consider how various goals interact and the far-reaching implications they can have on each other.

This process helps identify novel ways to protect and preserve your assets. It can uncover potential long-term tax issues and opportunities. And it helps ensure that your plan is built on a strong foundation.

The time we spend getting to know you helps us filter all the potential “what could you do’s” into a clearly defined action plan (the “what should you do’s”). We also carefully consider your emotional relationship with money. After all, we don’t want to recommend strategies that might undermine your confidence. Instead, we want to realistically understand what actions move you toward your goals—but also make you feel happy about your decisions. 

What happens when your plan recommends multiple strategies, all vying for finite financial resources?

In building your plan, we don’t just recommend a set of strategies. Your Truist Wealth advisor takes time to prioritize those critical first steps designed to maximize your plan’s effectiveness—without putting undue strain on your resources.

Many factors play a part in how your plan evolves—from your time horizon to your overall attitude toward money. Working with a skilled team of investment specialists, insurance specialists, and trust and estate professionals, your advisor will steer you through the variables and help you land on your next best moves.

Over the years, your life will inevitably evolve.
Your marital status may change. You might switch careers or be unable to work. Market returns may fluctuate. Or inflation may lower the value of what you’ve already saved.

Your advisor will continuously review and monitor your plan to help keep you on track, inspire you with innovative ideas, and help you achieve your greatest potential.

It’s all designed to change with you and empower you to make every financial decision with clarity and confidence.