Kevin J. Meehan, CFP^®

Whether you’re approaching retirement and are just now starting to think about your financial plan, or if you already have an advisor but want to explore your options, we’re here to help. At Wealth Enhancement Group, we’re built to deliver the most suitable advice for your situation, so you can be confident in your financial future.

We offer a systematic approach to crafting a customized plan for each client:

Step 1: We start with a complimentary meeting, where there is a mutual process of getting to know each other and decide if there is a desire on both sides to continue working together, and whether we feel that our services would be of benefit to you.

Step 2: Our first objective in the planning process is for us, together, to identify your personal goals and objectives, so that we can better understand how your primary assets--your time and your finances--can be organized to help work towards these goals. What do you want to happen, personally and financially, and in what time frame?

We will seek to compile all current assets, take an inventory of insurance coverage, wills and any estate documents, an annotation of your monthly income and expenses, and a review of your tax returns. We identify your investment experience and attempt to evaluate your tolerance for investment volatility and risk.

Step 3: We deliver a financial analysis, with proposals and preliminary recommendations. This includes long-term projections and an evaluation of whether the goals articulated are achievable within a reasonable time frame. At this time, we will make recommendations on all your investment holdings with suggestions for changes, if appropriate.

Step 4: You provide us with feedback on our recommendations and determine what recommendations are most important to you and together we develop an action plan to implement the desired recommendations.

Step 5: We begin implementation. In situations where a specialist (attorney, or tax professional) is appropriate, we will provide referral options and offer to coordinate with that specialist. We complete asset transfers, implement the investment recommendations, establish new accounts where appropriate and continue to take action on any estate planning and insurance issues that were addressed in the plan.

Step 6: Each year, we come back to the goals and see what, if anything needs to be adjusted to the financial analyses, the financial plan and the action items for the coming year. Have any internal family or business events occurred that might trigger changes in your financial goals? Based on reasonable projections, are you on track to achieve your goals? Can anything be done to decrease the risks associated with accomplishing your goals?

In our work with other successful people, we have learned that your goals and objectives will change over time. Life is a journey. If your goal today is to reach the farthest hill you can see from here, then eventually we expect you to be standing on that hill. If that happens, it will be time to look around and create new objectives to be achieved.

Comprehensive Financial Planning, Attending College, 401(k)/403(b)/IRAs, Charitable & Planned Giving, Annuities, Asset Allocation, Career Change, Estate Planning, Investment Management, Getting Divorced, Employee Benefits, Irregular Income, Mutual Funds, Real Estate, Insurance, Job Loss, Retirement, Stocks & Bonds, Life Planning, Long-term Care, Succession Planning, Sudden Wealth, Nontraditional Households, Women's Finances