We are a division of the Murrick Insurance Services Group, and all financial planning is handled by the Murrick Insurance Services Head Office, so you are now looking at their web site. For all your financial planning needs, please contact Murrick.
Comprehensive Planning
Comprehensive planning means looking realistically at:
• What you already have;
• how to most effectively use, grow, and protect your assets;
• what you’d like to have in the future;
• how to get from what you have now to what you would like to have; and
• how to handle your affairs in case of serious disability or death.
Doing this is harder than it sounds, and it helps to have understanding and professional guidance.
Components of a Comprehensive Plan
• Lifelong financial planning that helps you to be financially successful at every stage of your life – considers your income, tax issues and investment alternatives
• Retirement planning/financial independence that prepares you for all aspects of your life after work – including income, continuing work, housing, activities and unexpected occurrences
• Estate planning that protects you and your dependents in case of serious illness or an untimely death
• Risk management helps identify potential risks (investment, liability, etc.) and recommends how to eliminate, reduce and, if necessary, insure them
The Comprehensive Planning Process
1. Initial meeting – Meet with your Murrick Advisor, get to know each other, and decide on your working relationship.
2. Information analysis and plan development – your Murrick Advisor will analyze your circumstances, goals, and risk tolerance and prepare a draft comprehensive plan.
3. Plan Review – you and your Advisor review the plan and adjust it as necessary to clearly reflect your current situation and future needs.
4. Implementation of your Plan – once you have agreed upon the plan details, you and your Murrick Advisor will implement the components
5. Ongoing consultation and review – at least once a year, your Murrick Advisor will meet with you to review your changing goals and adjust your plan accordingly.
