Our Process

In addition to the structure of our planning team, Brooks Financial Advisors, LLC, uses a comprehensive financial planning approach to help meet our clients' needs and take each client through a highly personalized process of financial and estate planning.

Step 1: Concept Interview

Discuss our services and our process
Discuss your situation and identify your goals, objectives, and needs
Establish fee
Secure basic documents

Step 2: Comprehensive Data Gathering

Formalize working relationship
Gather appropriate financial data, objectives, and risk tolerances
Discuss and confirm your goals and objectives
Discuss your needs, views, and concerns

Step 3: Preliminary Plan Design

Review preliminary plan and confirm and clarify data. Assess your status relative to your goals, objectives needs
Analyze and evaluate your current financial status
"Try on" ideas, include key advisors in meeting, as needed
Refine preliminary plan, as necessary

Step 4: Formal Plan Presentation

Present final plan document
Answer your questions
Establish action plan

Step 5: Implementation

Coordinate with other advisors
Review & Recommend specific financial planning services and products necessary to implement your plan
Should you desire, assist you in implementing your plan by coordinating and collaborating with your team of advisors (i.e. CPA, attorney) and researching and recommending specific products and services available through our affiliation with Commonwealth, an independent broker/dealer.

Step 6: Review & Service

Analyze ongoing issues
Make adjustments as your situation changes
Keep plan updated/current, discuss periodic updates