OUR PROCESS

Wealth Management involves a systematic process beginning with the alignment of your personal values and financial goals, which we identify during our thorough Discovery Meeting. While expert investment management is a critical component needed to provide cash flow throughout the retirement years, a variety of other components allow us to provide additional wealth enhancement and advanced planning services.

Wealth Management includes initial and ongoing financial planning, legacy planning, and the assessment of risks to financial security that allow us to guide you with solutions to manage those risks. Wealth Management is an ongoing process that provides Silver Oak the opportunity through quarterly meetings with you to continually add value by reviewing areas where we might save you money, like suggesting a mortgage refinance, or by potentially identifying from dozens of financial topics those that pertain to you so that a personally tailored Matrix of ongoing services can be developed.

Discovery meeting

DISCOVERY MEETING

During Silver Oak’s unique values-driven discovery process, we first develop a big-picture understanding of you, your resources and objectives, then dig deeper to uncover your money values. These are the guiding principles at the core of how you make decisions to spend, to save, and to invest. Once these core beliefs are identified, we are better able to guide your quest for long-term security by integrating your financial decisions with your financial resources as we prepare your roadmap, your financial plan.

INVESTMENT DESIGN

Silver Oak carefully crafts a blueprint for your investment portfolio based on our unique and proprietary risk-based asset allocation methodology. We take into consideration factors such as your requirements for cash flow, the required rate of return as determined in your financial plan, your risk tolerance and risk capacity, asset allocation mix and any other financial and personal considerations. Like any great building, we start with a solid foundation and an efficient, well-crafted blueprint.

WEALTH MANAGEMENT PLAN

Having a solid Wealth Management Plan streamlines and provides structure to your financial decision-making process. Your plan defines the pathway through which we will work with you to achieve your financial goals. Your plan is co-created with us in a “thinking partner” relationship. The Silver Oak team handles all the logistics, keeping you closely informed and updated.

EXPERT TEAM

Silver Oak Wealth Advisors provides a single point of contact for all your financial needs. Our flat organizational structure ensures that your needs are attended to immediately and efficiently by members of our team. In addition, we have a robust network of outside professionals in the legal, valuation, succession planning, insurance and other professional worlds on call to render service in all aspects of your financial and personal life.

ONGOING REVIEW

Life continues to evolve despite our best laid plans. We are aware that as life changes, money changes; also as money changes, life changes. As part of our Wealth Management Process, we speak with or meet with you regularly to understand any changes in your life that might affect your financial security or modify your original goals. Sometimes that means planning to help a new grandchild, an aging parent, or even just deciding whether the money is there to take the whole family on an extended vacation. When it comes to your financial well-being, we work with you to stay abreast of the ups and downs of your financial position, your personal life and your portfolio, and make suggestions for adjustments through periodic updates and quarterly reviews.

Two sides of money

FINANCIAL TRANSITION SPECIALTY SERVICES

Silver Oak has partnered with the Sudden Money Institute (SMI) to enhance the depth of services provided to our clients. We recognized the need for the professional training provided by SMI after having worked with clients over the years who have experienced a life-changing financial transition or event. During such an event, there is a concurrent impact in at least two major facets of their life:

  • The personal and emotional component surrounding the event which will require coaching skills that
    cross over to the world of behavioral finance; and
  • The money component–managing the financial impact on their life which will require technical skills.

Joining SMI provided us with specialized training on the personal side of life transitions. The extensive curriculum we draw from incorporates four areas of scientific study: psychology, sociology, neurology and physiology. Our practice draws from these fields and integrates the technical component with the personal. The faculty at SMI have worked over the course of several years to create educational materials and practical tools for us as financial advisors to enhance our effectiveness in communicating with our clients as we address the personal aspects of a life transition.

For advisors completing the course of study, the Sudden Money Institute confers the Certified Financial Transitionist™ credential. Silver Oak is proud that Eric Bruck, Linda Cao, and Joel Framson have all earned the CFT™ credential.