Episode #1
How a Financial Assessment Process Works - Part 1: Starting Off With a Written Continuity Plan
With Matt DiFrancesco
Title
Hello everyone and welcome to the Virtual U.S. Financial Advisors podcast. In our business, we work with a lot of financial advisors. And one of the things we realized is that the average person lacks knowledge about who financial advisors are and what they actually do, and whether they ever need to hire one.
The goal of this podcast is to help consumers have a better grasp of what financial advisors are for and understand the importance of having a trusted person to help them plan their finances.
Our very first guest is Matt DiFrancesco from High Lift Financial, a full-service RIA financial firm that specializes in working with family businesses. Join us as he walks us through the assessment process he uses to identify his client’s major wants, needs, and concerns.
Today’s episode is the first of an eight-part series where Matt talks about why having a written continuity plan is crucial for every business. He also talks about:
(00:00) Intro
(01:26) The approach that has given financial advisors a bad name
(08:41) His vision statement
(13:27) What is a written continuity plan
(22:10) How long does it take to create a business continuity plan
(23:55) Why does he prefer to go for a retainer model?
Get a copy of Matt’s one-page assessment chart here: https://bit.ly/3tVosaq
Financial needs and concerns vary for each person. If you wish to take your financial assessment with Matt, go to www.highliftfinancial.com and click on Let’s Talk.
DISCLAIMER The information compiled and posted here solely represents the opinions and views of the guest. It might not be similar to the opinions and views of High Lift Financial. It is not a substitute for tax or legal advice or professional investment.
Always consult your financial advisor with any personal or business planning queries. DiFrancesco Financial Concierge, LLC. d/b/a HighLift Financial is a Registered Investment Advisor registered with the State of Pennsylvania and subject to the State of Pennsylvania’s regulatory oversight.
Connect with the Matt:
Matt DiFrancesco has worked with family businesses of various kinds over the past three decades. During that time, he has established himself as a valued advisor in all aspects of family businesses, from customized retirement plans and financial planning to cash management planning. Today, Matt is the Principal and Financial Technician for automotive repair professionals at High Lift Financial where he and his team of professionals help small to mid-sized family business owners (including those from outside the automotive industry) navigate all of the critical financial events that happen inside and outside their business.
Transcript:
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