Financial Planning

Battle Creek Financial Planning Firm Serving Clients Throughout South Michigan and the Country

Generations Financial Planning & Wealth Management offers comprehensive financial planning to our clients. Loren Rex and Erik Smith will follow the Three Steps of the Financial Planning Process.

Our Process:

Agree on how to work together

It is very important to us that you know what to expect and how we are compensated. We will outline this clearly and make sure that we understand what scope of services you are looking for and how frequently you would like us to contact you.

Gather information about your finances and goals

In order to find out the best method of achieving your goals, we first need to get an x-ray of your current situation. We have found the easiest and most efficient way to gather this information is by completing the Survey on the right side of the page. It is also important for us to understand your company benefits, current investments, and insurance you have in place.

Step Two:  Advise and Implement

Analyze and Strategize

Once we have completed the first two steps, We will analyze your situation and discuss different strategies for you to consider. We will have determined your fixed expenses and how much discretionary money you have left over each month to save, pay down debt, or give away.

Develop recommendations

The recommendations that we come up with will integrate everything available to you through your employer, your tax situation, and your risk tolerance. You will make all the final decisions and our job is to show you the best plan for achieving the goals that you have set for your family. Having an outside perspective on your finances is one of the things our clients value most.

Step Three:  Guidance

Put plan into motion

Financial author, Nick Murray, has said “Doing is to knowing as four is to one.” It is crucial that we implement the recommendations and start working toward your financial goals. We know you are extremely busy and we will do our best to make our meetings productive and when possible, help you tackle some of the to do items in the meeting.

Monitor progress and stay on track

Partnering with Generations Financial Planning & Wealth Management has several benefits, but holding you accountable to doing the things you need to do ranks as one of the highest. It is easy to begin an exercise program or diet, but how many people are able to stay with these routines? Inevitably, life will try to bog you down and get in the way of achieving your goals. After we build the plan, we will be there to help you implement it and make changes as warranted.

While based in Battle Creek, MI, we can also do comprehensive planning over the phone and internet.