The Planning Process

There is no set blueprint for the future. Financial planning must be as individual as the person it’s designed for, guided by professionals who recognize the unique needs of every client they serve.

At Papalia Finanical, our planning process begins with an in-depth analysis of your current business, practice, or earnings as well as your family situation and the structure of your assets.

If you are like many business owners or professionals in practice, or in many instances the individuals who have worked or now work within successful organizations, hopefully you live a comfortable life. But you also likely have substantial goals for the future.

For business owners and professionals in practice who have a healthy stream of business revenue and solid profitability, the key during the planning process is to establish a creative program that will allow you to further enhance your business revenue while turning a portion of it into personal wealth. During this process, we look at issues like whether your business highly leveraged or if your cash flow strong. We talk with you about your life stage. Are you the youngest partner in a thriving healthcare practice with three senior partners nearing retirement or are you a family business owner, hoping to transfer the business to your child? Is a merger or acquisition in store for your succession plan? We analyze the protections you have in place or may need in the event of disability? And we do carefully map out your family needs and your retirement goals.

For individuals, the depth of our analysis is the same for you, although its focus is more on your current and projected levels of earnings and income compared to your budgeted or anticipated expenses.

Regardless of how your income or assets are generated, Papalia Financial works side by side with you to create a net worth plan that is based on your needs, your comfort level and your hopes for the future. We draw upon our insightful and experienced team of professionals for the mix of financial strategies and management support that is right for you. We take into account your current life situation and family needs, projecting how these needs may change down the line. From investment management to compensation and retirement benefit planning and funding for qualified and non-qualified plans, to business succession and wealth transfer including estate and charitable planning, Papalia Financial designs the integrated plans that can grow with you.