The purpose of this questionnaire is to get to know you a little better and understand your situation, your needs and what you wouldlike to accomplish. It may also help you define important factors including the length of time you have to invest, your taxconsiderations, and your ability to withstand downside risk that may affect the value of your investment. Your feelings aboutinvesting and taking risks are also very important. Your answers will help build the base of information needed for the developmentof an appropriate asset allocation policy and financial plan.
The information you provide is strictly confidential and will not be disclosed to anyone without your consent. Our goal is tounderstand which personal and financial measures are most important to you, and to exceed them.
Congratulations on your decision to develop a customized financial strategy!
This document is also a tool to help you review your whole financial situation and get a better vision of where you stand today.Please keep in mind that we can also construct this review together if you have any doubts about some of the elements listedbelow. If you are unsure of a certain response, please use a close estimate.
For the initial consultation and the financial review, you may bring your financial materials (retirement/brokerage accountsstatements, tax return, benefit statements from Social Security or employers, estate planning documents, insurance policies,mortgage and other loan statements,...).
Our value proposition to you is to help you find out what is important to you and accomplish it. We look forward to providing you and your family with your customized financial plan.
- To generally keep pace with the stock market - To slightly trail the stock market, but make a good profit - To trail the stock market, but make a moderate profit - To have some stability, but make modest profits - To have a high degree of stability, but make small profits
- I wouldn't worry about losses in that time frame - One year means nothing - If I suffered a loss of greater than 25%, I'd get concerned - I can only tolerate small (10%) short-term losses - I'd have a hard time stomaching any losses
How disciplined are you in funding a retirement plan?
What keeps you up at night?
What is the most painful experience or lesson you had in the financial area?
How are you feeling about these days?
What are you looking forward to with excitement?
How often do you exercice / go to the gym
What are your top 3 values (Happinness, Safety, Wealth, Friendship, Family…)?Tell us how are you handling your finances?What do you have in place for managing your wealth?
How successful has this approach been so far? Any areas you would like to improve?
How would you know that you pick the right financial planner in 5 years from now?
How did you react in the past to market ups and downs (in 2001-2002 and in 2008)?
Imagine you awaken tomorrow and magically it’s 2020-you are leading your ideal life-Describe your ideal life at that time-what’s bringing you joy, satisfaction, and meaning. What are the 3 major areas where we should develop goals, and incorporate them into financial plan?
What three things would cause you to leave BFM?
How do you visualize your life in 10 - 30 years?
When do you expect to start drawing income?
Which of these statements would best describe your attitudes about the next twelve months' performance of your assets? (select one sentence)
Assuming normal market conditions, what would you expect from your asset over time? (select one sentence)
What’s a good adviser-client relationship ?
Are you happy with your career? Any career change plans?
What would you do with infinite money and free time?
Describe your perfect calendar, your first year of retirement after achieving your wealth objectives.
What are your hopes and dreams?
Envision us meeting in about three or five years in the future. What has happened between then and today, to have made you happy about your progress?
Ultimately, what do you want your wealth to accomplish?
How often do you wantus to call you or meet you per year?
Investment Goals and Concerns
Think about your ideal life in the future. What are the three major areas where we should develop goals, and incorporate them into a financial plan? What leads you to select each of these three? Tell us about your timeframe for meeting your
goals.
How many years of investment experience do you have?
What would you expect from BFM? How do you see us helping you?
What is your investment horizon (in years)?
What does money mean to you? If freedom, why freedom is important to you?
Your priority can be High/Medium/Low and you can quantify with any figure that is relevant (amount, percentage, other in How Much?) and estimate time frame (By When?).
Diversify investment portfolio.
Investment objectives
Establish an emergency fund.
Protect assets against inflation erosion.
Reduce amount paid in income taxes.
Other?
Lifestyle
Reduce debt.
Please rate the following investment goals (High/Neutral/Low) and quantify if possible
Accumulate an estate in order to pass to heir.
Other?
Invest in own business.
Do you feel optimistic about the future? (From 1-pessimistic to 10-very optimistic)
Giving
Other
Make gifts of particular property.
Maintain/Increase giving.
Provide a college education for our children.
Be able to retire at a chosen lifestyle.
Assist your parent financially.
Protect family lifestyle in the event of death.
Travel.
Protect family lifestyle in the event of disability.
Provide assets for a surviving spouse and family.
Establish a family budget.
Manage and minimize future income tax liabilities.
Category Date Institution Original Value Rate/Duration Current Value Monthly Ownership
MortgagesCredit CardAuto/SchoolOther
Institution Insured Beneficiary Cash Value Premium Ownership
Who will take care of you if you become ill or disable?
Description Date of Purchase
Real Estate
Insurance
Current Value
Category
Life InsuranceMedical Insurance
Other
Long Term CareDisability Insurance
Furnishing/Art
Personal Residence
Other
Secondary ResidenceReal Estate Investment
Liabilities
If it applies, at what age your parents have passed away?
Institution
Please provide in a separate document, the name, tickers, and amount for each investment in your taxable and non taxable accounts. We will also need the funds tickers that are available in your 401k. For each asset listed, designate ownership (husband = H, wife = W, joint = J,
