Discover Questionnaire Step 1 of 8 12% We appreciate your interest in Strategic. Our core purpose is to help people live a great life. We accomplish that goal by providing clients with a comprehensive wealth management experience across eight key areas: Your Vision: 1. A Great Life The Foundation: 2. Household Finances 3. Financial Independence 4. Risk Management 5. Education Planning 6. Business Planning 7. Estate Planning 8. Investment Management With your approval, we would like to exchange enough information in advance of our first meeting to ensure a productive discussion and see if it makes sense for us to work together. To start, we would like to understand your vision for the future and where you are today. If you have a spouse, significant other, or partner with whom you partner with on managing your household finances, we recommend you complete this exercise together. Thank you and we look forward to your Discover Meeting.Name:* A Great LifeWhat do you want to accomplish?*If we were meeting here 5, 10, 20 years from today, and you were to look back over those years, what has to have happened during that period, both personally and financially, for you to feel happy about your progress? How does a great life look to you? In our experience clients have reported goals such as:*(Select all that apply) Having the means and flexibility to spend time with loved ones Supporting causes important to me Having the means to not have to work Advancing my career Protecting family member(s), especially if something happens to me Protecting my current lifestyle Enhancing my lifestyle Having the ability to spend guilt-free Improving health and wellness Expanding my horizons / learning new skills Getting everything organized Traveling and experiencing the world Having a lifetime of inflation-proof income Supporting a loved one's education Operating my own business Having my legacy in order Other Please add any other goals that we may have missed:What really keeps you up at night?*(Select all that apply) I feel so disorganized The stock market is all over the place I haven't saved enough...or have I? My kids (or my spouse/partner!) are not great with money I'm not great with money I'm not living the best life I can I don't know if my family would be OK if something happened to me I worry about my income and career I have big dreams, but I am not sure how to get there I sleep like a baby...no worries Other What else keeps you up at night?Great Life Comments:Please share anything else you would like us to know about what a great life looks like for you. Household FinancesWho is the "Chief Financial Officer" of your household?*(Who handles the bulk of your family's finances, budgeting, bill paying, etc.) Me Spouse/Partner Both (We Share Responsibility) Other I feel comfortable managing my household finances:*(Select one)Strongly disagreeDisagreeNeutralAgreeStrongly agreeWhat type of system do you use to manage your finances?*(Select one) A mobile app or website A spreadsheet or custom system I don't use a formal system The following questions are provided to understand your specific financial circumstances better. The goal here is to get a sense of your general situation; we can dig into the details later. Please provide any information you can but do not worry if there are items you are unsure of or about using exact dollar figures.I have the following assets:*(Select all that apply for your household) Bank/Cash Reserves Employee Retirement Assets (401(k), Pension, Etc.) Personal Retirement Assets (IRA, Roth, Etc.) Other Investment Assets Real Estate Business Other Please describe the Other Investment Assets you have:Enter estimated value of bank/cash reserves: Enter estimated value of employee retirement assets: Enter estimated value of personal retirement assets: Enter estimated value of other investment assets: Enter estimated value of real estate assets: Enter estimated value of business assets: Enter estimated value of other assets: I have the following types of debt:*(Select all that apply for your household) Mortgage/HELOC Credit Card Auto Loans Student Loan Debt Other I am completely debt free! Please describe other types of debt you have:Enter estimated amount of mortgage debt: Enter estimated amount of credit card debt: Enter estimated amount of auto loan debt: Enter estimated amount of student debt: Etner estimated amount of any other debt: I have the following current sources of income:*(Select all that apply for your household) Salary Social Security Pension Other Income Please describe the other sources of income your household has:Enter estimated annual household income from salary before taxes: Enter estimated annual household income from social security before taxes: Enter estimated value of annual household income from a pension before taxes: Enter estimated value of annual household other income before taxes: How much on average do you spend each month?*Please exclude money set aside for investments, savings, and taxes. (It is ok to say I don't know.) Financial IndependenceI would love to be financially independent in _______ years?*(Please fill in the blank) To me, Financial Independence means:*(Select one) Never working again Working in something I am passionate about Continuing to work even though I don't have to Just downshifting because I can't imagine not working every day Other How else would you define Financial Independence?What are your biggest concerns about retirement?*(Select all that apply) I won't have enough money I'll be bored I'll lose my mental edge I'll lose my physical edge Other Please describe any other concerns about retirement:My health care plan for retirement is:*(Select one) Unclear; I haven't explored my options Clearly mapped out and something I'm comfortable with In the hands of Medicare...nothing to worry about Once you retire, list any specific plans or goals you hope to accomplish*(Fill in blank and click on the plus icon to add more rows) Please share any other information you would like about Financial Independence. Risk ManagementTo help protect me, and my family, against unknowns, I have the following types of insurance coverage:*(Check all the apply) Life Insurance Disability Insurance Long-Term Care Insurance Home and Auto Insurance Liability Insurance Health Insurance Other Unsure When was the last time you reviewed all of your coverage?*(Select one) Within the last year Within the last 5 years Unsure - a long time ago I feel confident my family is prepared financially to handle a health event requiring long-term care, such as moving to a nursing home or needing at home care.*Strongly disagreeDisagreeNeutralAgreeStrongly agreePlease share any additional information on RisK Management: Education PlanningDo you have a child, or another loved one, who you would like to assist in either paying or planning for their education?* Yes No It is important to me that I assist my children or other loved ones with their eduction.Strongly disagreeDisagreeNeutralAgreeStrongly agreeI feel confident about my ability to meet this goal.Strongly disagreeDisagreeNeutralAgreeStrongly agreeHave you already set money aside specifically to fund a loved one's education? Yes No Please list any savings you may have:NameAccount TypeBalanceAnnual Contribution Amount The college application process is: Overwhelming and we have no idea how to do it right Is a piece of cake...the kids have been prepped from day 1 Not sure... I think we have a good handle on it but maybe could use some assistance Would be easier with some professional support and coaching Not applicable at this time Business PlanningAre you a partner or an owner of a business?* Yes No What is the nature of your business and how is it structured?(Fill in blanks below and click on the plus icon to add more rows as needed.)NameIndustryCorporate StructureWebsite What's most important to you about your company?(Select all that apply) Supporting my team of employees Growing and thriving in our industry Leaving a legacy for my family Other What other items are important to you?I feel confident about my succession planStrongly disagreeDisagreeNeutralAgreeStrongly agree Estate PlanningThinking about my estate plan is:*(Select one) A source of stress Something I've recently completed and/or reviewed and feel on top of A mess...It's all over the place Not stressful, but confusing What best describes the level of expert advice you've recieved on your plan?*(Select one) Strong: We have an estate planning attorney and are on top of it Ok: We had some legal advice a long time ago but haven't reviewed it in a while Weak: We have never had professional guidance Which of the following estate planning documents do you, and if applicable your spouse/partner, have?*(Select all that apply) Will Will with Guardianship Provisions Durable Power of Attorney Living Will (Advanced Directive) Health Care Proxy Funeral Plan (Directive) Trust(s) I do not have any of these Please share any other information regarding your estate plan that may be applicable. Investment ManagementI feel comfortable and confident when making investment decisions.*Strongly disagreeDisagreeNeutralAgreeStrongly agreeWho currently manages most of your investments?*(Select one) I do it myself I have a professional advisor My employer's retirement plan No one Which of the following statements most closely aligns with your feelings?*(Select one) My primary concern is that my investments do not lose value My goal is to achieve long-term growth of my investments while minimizing short-term losses My goal is to maximize long-term growth of my investments. I am not concerned about significant shorter-term losses. Please share any other information regarding Investment Management that may be applicable. Δ
