FINANCIAL PLANNING

At Wilsey Asset Management, we currently offer three financial plans as a seperate service:

  • A comprehensive financial plan geared for complex situation and solutions

  • A basic financial plan tailored for less intricate situations with broader solutions

  • A retirement checkup to answer the question, “Are you on track for retirement?”

Why?

The reason someone decides to engage in a financial planning service is because of “time”.  Everyone has a limited amount of time and once it is gone, it cannot be recovered.  Time in a day, time with family, time until we pass away, we are all bound by this single constraint.  For most people in the real world, it is financially impossible for someone to spend 100% of their time doing exactly what they want to.  Sometimes in life we are forced into less appealing activities in order to engage in more pleasant ones.  One example is most people at some point in their lives must take time away from family, friends, and hobbies to work and earn a wage so they can comfortably support spending remaining time with family, friends, and hobbies.  Another example is forgoing traveling year-round to take a one week trip per year because extended travel time is not financially feasible.  Financial planning exposes opportunities and offers efficient recommendations which improve personal financial situations.  This allows us to spend less time on unpleasant activities and more time on the important things in life now and in the future.

Financial Planning Style

Throughout the industry, financial planning has evolved in the past few decades.  The purpose of true financial planning is to facilitate the ongoing process of making sensible decisions about money to achieve life goals.  This goes beyond just the scope of investing and includes education planning, risk management, tax planning, retirement planning, and estate planning. Unfortunately, the mask of financial planning has been used to sell commission-based products or gather assets that may or may not be in the best interest of the buyer.  Often this goes unnoticed and leaves the client in a less efficient or poor financial state.  At Wilsey Asset Management, our goal is to offer a financial planning style the way it was originally intended to be, unbiased and as client-focused as possible.

We offer our financial planning services to current and new clients.  In an effort to remain unbiased, our financial planning service is separate from the asset management service.  In other words, financial plans can be constructed and maintained regardless of whether the underlying accounts are invested with Wilsey Asset Management.  We feel it is important to make the distinction between the two services because the reason we offer financial planning is not to sell products or gain new assets for management.  The purpose of our financial planning service is to offer planning that clients can trust to be objective, efficient, and transparent as it can be.

Our Principle

Our company is based on the principle that education and understanding of your current financial situation is vital to successfully make prudent decisions concerning your future financial condition. If you have any questions about your current financial situation or wish to schedule an appointment, send us an email or give us a call at (858) 546-4306.