MARK

Married with 3 kids
40 years old

KEY CONCERN

No long-term financial plan for his family

Discover WorthPointe’s Solution for Mark

Mark is married with three young children and works as a high level executive at a large firm, traveling all over the country. A dinner conversation with friends revealed that although he made a handsome salary, Mark had not put as much thought into long term financial planning as his friends had done. He hadn’t updated his insurance coverage since his second son was born and with inflation and the addition of a new child, he knew that he was grossly underinsured. Although Mark worked his way up the corporate ladder and generously garnered company stock, his investment portfolio was now concentrated too heavily in a single sector, risking his retirement plans. Thankfully, Mark’s dinner friends happened to be happy WorthPointe clients and referred him to their local office, where Mark expressed his frustration and disappointment in having neglected to put together a solid financial plan.

Understanding Mark’s demanding career and family obligations, WorthPointe’s first suggestion was to set him up with the WorthPointe360 (Personal Financial Management) platform to consolidate all of Mark’s financial information so that he could save time and know up-to-the-minute details on his financial situation when and wherever he needed. From there, the WorthPointe CERTIFIED FINANCIAL PLANNER™ professional reviewed Mark’s 401K, stocks, insurance policy and life goals before laying out the best options available to Mark. Mark’s WorthPointe CFP® professional made additional recommendations on his insurance needs to protect his family and stock allocation to bolster his investment portfolio so when the time arrived, Mark could retire with ease. He also told Mark about the importance of having an estate plan with  guardians identified and trusts set up for their kids in case something happened to him.

Relieved that he was no longer the only one looking out for his financial goals, Mark felt WorthPointe gave him the tools and the coaching to reevaluate and make sound financial decisions. Now it is Mark who is recommending WorthPointe to his friends and family at dinner parties.

Advisors who specialize in financial planning for Executives:

Charles L. Stanley, CFP®, CHFC® & AIF®
Partner, Financial Planner · San Diego

Ken Corlett, CFP®
Partner, Financial Planner · San Diego

Brooks Morgan, CFP®
Portfolio Manager, Lead Advisor · Austin

Matt Addington
Partner, Financial Planner · Fort Worth

Call 800-620-4232 to schedule a complimentary consultation session with one of these advisors.