Financial transitions, however, are different from routine changes, are less common and are more consequential. They typically involve a passage – moving from one stage in life to another. Transitions require a period of adjustment to new circumstances in life, possibly to a change in wealth, or to a change in marital status. Even the prospect of retirement can be a transition affecting not only money and financial security, but also affecting the daily lives of both parties in a marriage.
Traditional investment management and financial planning provide only the technical solutions. However, neuropsychology explains that the personal and emotional aspects of a financial transition must be addressed before a successful technical solution can be arrived at and achieved. Each financial transition requires personal guidance to ensure that the cloud of emotions – clouding good judgment and decision-making – are minimized and made cogent, so that intelligent choices can be made.
We invite you to explore our process in managing life’s financial transitions as they relate to your own financial life and goals.