Applying modern planning insights through a four-step process

Larry Mathis is a financial advisor with Pearson Financial Group in Lake Oswego, Oregon. He has over 20 years of experience in the financial industry and says his goal is to “provide professional financial services to clients by first examining their big-picture financial situation—and determining how that will make a difference in their future as each aspect is looked at more closely.”

He adds regarding his approach to financial planning, “This process requires our firm to focus on providing highly personalized service, applying modern insights for planning and investments, and having the capability to address multiple client needs.”

Mr. Mathis articulates the four key steps in his planning process as follows:

1. “Helping clients identify appropriate financial goals, paying special attention to any top-of-mind concerns. My goal is to make those concerns far less of a worry point over time.
2. “Showing what is currently being done to address their goals. Then, we present our detailed recommendations, including different options, for strategies that could offer a more favorable and higher-probability opportunity to meet the desired goals. For younger clients, this can have an exponential impact on having a more positive financial future.
3. “Identifying any gaps and offering solutions to fill them. We take a holistic view of financial planning. A client might work with our firm to develop a solid retirement income plan, but that means little if it is at risk due to inadequate protection planning now and in the future.
4. “Helping clients prepare for milestone events in their lives. Whether it’s college planning, a major lifestyle change such as buying a new residence or second home, welcoming new additions to the family, charitable giving, or legacy planning, we can help clients identify the appropriate resources and think through strategies to help them achieve their goals.”