Financial Planning Process

At V. Barba Company, we follow the seven-step financial planning process as developed by the Certified Financial Planner Board of Standards, Inc. (CFP Board):

1.  Understanding the client's personal and financial circumstances.

2.  Identifying and selecting goals.

3.  Analyzing the client's current course of action and potential alternative course(s) of action.

4.  Developing the  financial planning recommendation(s).

5.  Presenting the financial planning recommendation(s).

6.  Implementing the financial planning recommendation(s).

7.  Monitoring progress and updating.