Plano Financial Planning Firm Serving Clients Throughout North Texas and the Country
Domestique Capital LLC offers comprehensive financial planning to our clients. As a Certified Financial Planner™ Practitioner, Damon Gonzalez will follow the Six Steps of the Financial Planning Process:
1. Agree on how to work together
It is very important to me that you know what to expect and how I am compensated. I will outline this clearly and make sure that I understand what scope of services you are looking for and how frequently you would like me to contact you.
2. Gather information about your finances and goals
In order to find out the best method of achieving your goals, we first need to get an x-ray of your current situation. I have found the easiest and most efficient way to gather this information is by filling out the Domestique Client Profile and emailing it back to me. It is also important for me to understand your company benefits, current investments, and insurance you have in place.
3. Analyze and strategize
Once we have completed the first two steps, I will analyze your situation and discuss different strategies for you to consider. We will have determined your fixed expenses and how much discretionary money you have left over each month to save, pay down debt, or give away.
4. Develop recommendations
The recommendations that I come up with will integrate everything available to you through your employer, your tax situation, and your risk tolerance. You will make all the final decisions and my job is to show you the best plan for achieving the goals that you have set for your family. Having an outside perspective on your finances is one of the things my clients value most.
5. Put plan into motion
Financial author, Nick Murray, has said “Doing is to knowing as four is to one.” It is crucial that we implement the recommendations and start working toward your financial goals. I know you are extremely busy and I will do my best to make our meetings productive and when possible, help you tackle some of the to do items in the meeting.
6. Monitor progress and stay on track
Partnering with Domestique Capital has several benefits, but holding you accountable to doing the things you need to do ranks as one of the highest. It is easy to begin an exercise program or diet, but how many people are able to stay with these routines? Inevitably, life will try to bog you down and get in the way of achieving your goals. After we build the plan, I will be there to help you implement it and make changes as warranted.
While based in Plano, Texas, we can also do comprehensive planning over the phone and internet.