Broker Check

The Process

Helping families and small business owners acheive their financial goals and keep more of their money with sound tax planning and investing.

Step 1. "Initial Conversation"

One of the most important parts of the process is to determine if we are a good fit to work together.  Sometimes it's a good fit and other times it's not and that is ok.  For example, if you have an issue with your lungs you don't hire a heart specialist.  Everyone's needs are different.  If we agree it makes sense to continue we can schedule our first meeting

Step 2.  "Getting to Know You"

No two people are alike and the same applies for their financial goals.  We want to go deeper into the question "What is important about money to you?" We do this by talking about your goals, where you are in your financial journey, what your risk tolerance is and mapping out where you are, so we can help you get to where you want to go and how to best get there.

Step  3. "The Analytics"

This is the step where we run a full "diagnostic" and answer the following questions

  1. Are you on your way to financial success?
  2. What tweaks or changes are recommended to your financial situation and what ones are essential?
  3. Are you paying too much in taxes and how can we reduce them both today and in the future?
  4. Will you be able to retire if and when you choose and will you be able to do so without running out of money in retirement?
  5. Can we reduce or eliminate the threats to your financial goals

Step 4. "The Analysis Meeting"

In this meeting we boil down our findings in an easy to understand way.

We will share what we uncovered during the analysis and explain what you need to do to acheive your financial goals. We will share how Red Barn Financial can help you meet your financial goals.

At the end of the meeting we will ask you to decide between 1 of 3 paths:

  1. You would like to get started working with us.
  2. You need a week to decide after which you will choose path 1 or path 3. (See "Things to consider" red below).
  3. You feel like we aren't a fit for your needs and you let us know. We recognize that we aren't a one size fits all solution so if you feel we aren't a fit, that is perfectly fine. There is never any pressure to say yes. Sometimes no is a fine answer and always better than silence.

Step 5. "Implementation"

Assuming you chose path 1 in Step 4 we will send you the paperwork via email ahead of this meeting. In this meeting we will answer any questions you have and work with you to complete the paperwork necessary to onboard you as a client. This includes:

  1. A client agreement where you agree work with us and sign off that you understand the services we provide and associated fees.
  2. You sign that you received the SEC required forms (ADV forms) that describe our firm and services offered as well as background information on your advisor.
  3. Any paperwork needed to open accounts or complete any account transfers, as applicable from other brokerages to our custodian. For example rolling over an old 401(k), IRA or investment account or establishing a new account.

Things to Consider from Step 4

  1. Do I like and trust the Red Barn Financial Team?
  2. Do the recommendations offered make sense to me?
  3. Do I believe that the benefits I will receive outweigh the cost?
  4. Do I agree the recommendations will help me to achieve my financial goals?
  5. Have all my questions been answered? If not, please ask!