Typical conversations with financial advisors have historically revolved around client cash flow needs, returns, savings rates, taxes and the economic environment. Although these discussions warrant review, as practitioners within the industry of providing comprehensive financial advice we continue to evolve in our approach by implementing new tools and insights. The concept of Return on Life focuses on a more encompassing value proposition as opposed to measuring success based solely by return on investment. The Return on Life belief system views money as a tool, which aids in providing the best quality of life possible given the resources available. Through experience, understanding of our clients’ backgrounds, belief systems and values, we ultimately enable deeper measurements of well-being and financial progress.
Key to our focus on Return on Life planning is a deeper understanding of how clients view and use their money. In doing so, we gain insight into determining if their use of money aligns with their goals and what they ultimately want out of life. Expertise in understanding our clients’ story is central, with the numbers viewed peripherally. Dimensions beyond the financial data is as important as the data itself. By engaging in Return on Life discussions, more substantive and fruitful discussions ultimately provide superior and more gratifying planning experiences. ..