New Client Process

What to Expect

At HSC Wealth Advisors, we care about your long-term financial well-being. Our thorough client onboarding process is necessary for new clients so that HSC Wealth Advisors is equipped with the information necessary to act on your behalf. During our initial process, we will also discuss your goals and what is important to you.

Our client onboarding wealth management process allows us to create a plan that aligns with what’s most important to you now and in the future.

CONNECT WITH OUR ADVISORS

Below you can find our new client process so you know what to expect:

Financial Planner Client Onboarding Checklist:

1. Introductory Meeting

1. Get to know you
   • Why are you here?
   • How did you hear about us?
   • What is important to you?
2. Get to know us
   • Team approach
   • Comprehensive financial planning
   • Our investment philosophy
   • Fee-only
3. Define the relationship
   • Is there a fit?
   • Expectations
   • What’s next?

2. “Get Organized” Meeting

• Help you get organized and communicate your goals
• Identify your life goals and discuss your money habits
• Meeting Agenda
  • Complete “GO” meeting checklist
  • Finalize internal agreements
  • Goal-setting conversation
  • Assign homework

3. Investment Education Meeting

• Cover the basics of investing in conjunction with HSC’s Investment Philosophies. We will also walk you through a risk tolerance assessment to gauge your aversion to market volatility
• Discuss your past experience and preconceived notions about the markets
• Meeting Agenda
  • 5 Ways We Add Value
  • Complete/interpret risk tolerance assessment
  • Open new accounts
  • Fill out the retirement questionnaire

4. Financial Independence Meeting

• Review and refine your retirement projection. In addition, we will take care of some housekeeping items and new account paperwork.
• Identify your hopes for financial independence
• Meeting Agenda
  • Present/finalize retirement projection
  • Sign Investment Policy Statement (IPS)

5. Legacy Building Meeting

• Review any current estate documents and discuss your legacy. If necessary, we will put you in touch with a trusted attorney to create/amend your documents to achieve your specific goals
• Discuss your desired legacy
• Meeting Agenda
  • Essential documents
  • Beneficiary Designated Assets
  • Property titling
  • Password management

6. Tax Strategy Meeting

• Review past tax liability and strategize for future tax savings. If necessary, we will coordinate with your current tax preparer or put you in touch with a trusted CPA to implement tax-savings strategies
• Discuss your perspective on taxes
• Meeting Agenda
  • Review workbook/checklist from your most recent tax return
  • Discuss projection of current tax year
  • Discuss tax implications in retirement

7. Insurance Review Meeting

• Review your current policies and assess additional needs for coverage
• Identify and consider your family’s needs
• Meeting Agenda
  • Review current insurance policies and coverages
  • Discuss needs/changes

Client Onboarding Process Complete

After the insurance review meeting, the client onboarding process is complete. If you are interested in working with HSC Wealth Advisors or would like more information about our services, please contact us.