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How to prepare for your Financial Needs Consultation

When attending your first meeting with one of our Investment Counselors, it’s essential to come prepared with the necessary information and documents to make the most of the session. Here are some items you should consider bringing:

Financial Documents: Bring any relevant financial documents you have, such as bank statements, investment account statements, retirement account details, tax returns, insurance policies, and loan information.

Income Details: Provide information about your sources of income, such as salary, bonuses, rental income, or any other income streams.

Financial Goals: Think about your short-term and long-term financial goals. Be prepared to discuss what you want to achieve, whether it’s saving for retirement, buying a home, or funding your child’s education.

Debt Information: Note down details of any outstanding debts you have, such as credit card balances, student loans, or mortgages.

Risk Tolerance: Consider your comfort level with investment risk. This will help your financial planner understand the appropriate investment strategies for your situation.

Current Insurance Coverage: If you have any life insurance policies or annuities, bring the policy documents or at least the relevant details, including coverage amounts and beneficiaries.

Questions and Concerns: Prepare a list of questions or concerns you have about your finances or the financial planning process. This ensures that all your doubts are addressed during the meeting.

Personal Identification: Bring a form of identification, such as a driver’s license or passport, for verification purposes.

Remember that your first meeting with an investment counselor is an opportunity to get to know each other and discuss your financial situation. Be open and honest about your goals, concerns, and financial challenges to help the financial planner provide the best advice and recommendations for your specific needs.


Material contained in this article is provided for information purposes only and is not intended to be used in connection with the evaluation of any investments offered by David Lerner Associates, Inc. This material does not constitute an offer or recommendation to buy or sell securities and should not be considered in connection with the purchase or sale of securities. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable– we cannot assure the accuracy or completeness of these materials.

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