In this third video in our series of commonly asked questions we receive, William M. Coxe Jr., Private Client Advisor, discusses the importance of goals in the Financial Planning process. He touches on the wide spectrum of goals and objectives for different individuals: from creating a budget to buying a private island.

A financial advisor will work in tandem with the client to take those long terms goals and incorporate them into an evolving financial plan. William also explains the importance of reaching those goals by applying reasonable assumptions about returns, inflation, and cost of living.

Listen in to learn more.

Greenwood Capital is an SEC registered investment advisory firm. This material has been prepared for information purposes only, and is not intended to provide, and should not be relied on solely for tax, legal or accounting advice. Captions are automatically generated. Please excuse any errors or inconsistencies.

Related Posts

Early Intervention: Your First 401(k) Contribution
Early Intervention:
Your First 401(k) Contribution

Financial Health for Your Peace of Mind As a healthcare worker, you are used to solving problems and focusing on details. After all, in your career, the stakes can often be life or death. But it can be more difficult to navigate the maze of personal finance. In this...

Swallowing the Pill: How to Handle Student Loan Debt
Swallowing the Pill:
How to Handle Student Loan Debt

Financial Health for Your Peace of Mind As a healthcare worker, you are used to solving problems and focusing on details. After all, in your career, the stakes can often be life or death. But it can be more difficult to navigate the maze of personal finance. In this...

We’ve Been Here the Whole Time: Women’s Presence in Investing
We’ve Been Here the Whole Time:
Women’s Presence in Investing

March is Women’s History Month, and a great opportunity to look back at the history of women as investors and shareholders. Despite the stereotypical image of an investor as a man, women have been significantly involved since the dawn of the stock market.From the...