Our Process

4 Step Process Graphic

At McCormick Wealth Management, we believe in a comprehensive approach to wealth management. Recognizing that financial planning cannot be a one-size-fits-all solution, we have a defined process that serves as a guide to planning while being fully customizable to your specific needs.

Our process is structured around four essential steps: Discovery, Planning, Application, and Review. These steps strive to ensure consistency and efficiency while addressing almost every aspect of your financial journey. Our ultimate objective is to bring clarity and confidence to your financial future, empowering you to make informed decisions and achieve your goals.

Step 1: Discovery

We prioritize understanding you and your unique circumstances. We dedicate time to learn about your family, lifestyle, values, goals, and aspirations. Through attentive questioning and active listening, we gain a thorough understanding of your financial situation. During this step, we’ll also gather and review your current financial statements. It’s essential to know where you are before creating a plan for where you want to be.

Step 2: Planning

Once we have an understanding of your situation, we utilize that information to develop a personalized financial plan that is aligned with your goals and aspirations. This crucial step involves combining your financial objectives with your lifestyle, current financial standing, and future vision. By developing a path that aligns with the lifestyle you desire and the future you envision, we provide you with a clear direction.

Step 3: Application

A financial plan is only as effective as its implementation. We understand that a plan without action is merely ink on paper. Once we have developed your customized financial plan, we proactively take the necessary steps to bring it to life, ensuring that your goals and aspirations become a tangible reality.

Step 4: Progress Review

Financial planning is a long-term commitment, and we're here to help you make adjustments as your life and the world around you change. Just as plans aren’t “one-size-fits-all” nor are they “set-it-and-forget-it”. Our ongoing monitoring and review process aims to keep your plan aligned with your goals and your investments on track. We'll be proactive in our efforts to make the necessary adjustments to your investments and financial plan and collaborate with you as your needs and plans change.