Our Process

Most of us share a similar set of financial goals. Likely among them are: to be financially secure now and in the future, to help with the cost of our kids' college education as we are able, and to accumulate enough money to retire comfortably one day. More than anything, we want to enjoy life and not spend time worrying about money.

Though simple to articulate, it can be all too easy to put off planning and delay taking steps necessary to best achieve our financial goals. Lack of time, lack of knowledge, and/or simple procrastination are often to blame. Whatever the reason, our process can overcome these obstacles.



  Items We May Discuss and Plan For:

  • Should you use a retirement plan loan to pay off a credit card balance?
  • How does a Roth IRA create tax-free income during retirement?
  • How much should you save towards retirement vs. kids' college savings? What account types should you use?
  • Should you contribute the max to your 401(k)?
  • What ways can you reduce taxes on your investments?
  • What strategies can potentially increase investment growth over time?
  • How much of your portfolio should be invested in stocks vs. bonds during retirement?
  • What are the pros and cons of annuities?
1) We begin by asking questions and listening to our clients. We get to know them and learn what is most important to them, then work with clients to help define their financial goals and priorities. Once we feel like we know what our clients are looking for, we discuss and educate clients about their options for reaching these goals. We advise clients on all issues in which they have an interest, suggest courses of action and create a proposed plan to follow going forward. Our initial consultations are free of charge and carry no obligation.

2) Once we agree to move forward, we then start to tackle items on our to-do list and begin to implement our plan.

This may include... (click to display/hide)

  • Opening a Roth IRA to build additional savings / enjoy tax-free investment growth
  • Evaluating your workplace retirement plan (401(k), 403(b), etc.), altering investment choices and contribution amounts

For parents with school-age children, this may include... (click to display/hide)

  • Opening a new college savings account(s) for your child(ren)
  • Establishing an emergency fund
  • Increase your monthly savings towards your retirement accounts
  • Applying for a term life insurance policy to supplement a group insurance policy

For those with existing investment accounts, this may include... (click to display/hide)

  • Modifying your existing portfolio to reduce expenses and potentially increase future growth
  • Consolidating existing accounts and creating a plan to minimize future taxes
  • Rolling over an old 401(k) to an IRA, then doing a Roth IRA conversion

For those nearing or already in retirement, this may include... (click to display/hide)

  • Adjusting your current investment mix to create additional monthly income
  • Planning when you and your spouse should elect to receive social security
  • Calculating your retirement income needs and determining in what order to access funds
  • Setting up a donor-advised fund to leave money to your favorite charities
Addressing many different items at once may seem overwhelming, but we make sure it is not. We may discuss a wide range of topics initially, but when it comes to action, we prioritize. It often makes sense to complete a few tasks right away, while others can be put on hold for several months or longer before they require any action. To us, this approach is effective because it allows us to start making improvements right away on some items while planning ahead for others, ensuring that nothing goes unaddressed or is forgotten. It also means that changes can made at a comfortable pace and that there is plenty of time for additional discussion and planning along the way.

3) Next, we monitor our progress. This includes:
  • Keeping records of all financial planning items completed
  • Scheduling ahead dates for follow-up and future action
  • Communicating progress to clients
  • Reminding clients of any planned actions they need to take
For investment accounts we manage for clients, we:
  • Monitor individual investments (stocks, mutual funds, etc.) and market / economic news
  • Research potential new investments
  • Staying informed of changes in tax law and IRS rules
  • Make changes as needed
In short, we keep track of the details so our clients can focus on living, working and enjoying their daily lives knowing that their finances and investments are on the right track.

4) Finally, we periodically assess and re-evaluate progress made on all tasks and towards the goals we set.
We communicate with clients to review our progress, revisit goals, update our "to-do" list and make adjustments as necessary. Over time, we are able to work step-by-step towards our clients' financial goals, and we build lasting relationships with our clients along the way.

Who Are Our Clients?

We don't have a "typical client." We work with clients of all ages, though most are between the ages of 30 and 60. We work with clients of all marital status, occupations and income levels. We manage 6- and 7-figure investment accounts and help address more complex planning issues for higher net-worth, more established clients. We also manage smaller accounts and work with clients who may just be getting started with their financial planning and investing. In all cases, there are a couple of common threads among our clients:

  • All of our clients decided at some point that planning ahead for various financial goals was a smart idea...and decided they would benefit from having a financial adviser to guide and assist them with their investments and major financial planning decisions.
  • Almost all of our clients (with the exception of our retired clients) currently save a portion of their income and actively contribute to retirement savings accounts, college funds for their kids (if applicable) and/or general investment accounts. Whether it be as little as $200-300 per month or as much as $30,000 - 40,000+ per year, our clients recognize the need to save.

Working With Us

 What it IS NOT:  What it IS:
1) Being forced to track every dollar you spend. 1) Though analyzing cash flow and spending carefully is useful for some of our clients, most manage their cash flow well, allowing us to concentrate on bigger-picture goals like saving for retirement, insurance planning, college savings, etc.
2) Getting lectured about how you spend too much and should be saving more. 2) This simply does not happen. Our job involves listening, explaining, analyzing and advising. Lecturing and criticizing clients are not part of what we do.
3) Blindly turning over control of major financial decisions. 3) Though our clients rely on our expertise and generally take our advice, they are always involved and in charge.
4) Sitting through long meetings multiple times per year. 4) We have found that frequent, lengthy in-person meetings are neither practical nor necessary. Between e-mails, phone calls and perhaps an occasional meeting, we can work effectively and communicate with clients without consuming their free time with unnecessary meetings.
5) Complicated. 5) We make sure our clients know what we are doing and why we are doing it when it comes to investments and financial planning decisions.
6) Time-consuming. 6) Once plans are established and in motion, very little of our clients' time is required. We do the work to set up accounts, track progress, monitor investments, etc. Our clients go about their daily lives knowing they are making progress towards their financial goals.
7) Expensive and full of hidden charges. 7) We charge a quarterly fee to manage investment accounts for our clients, and this fee is a percentage of the assets we manage for each client. This fee, in almost all cases, also covers all financial planning services we provide for clients. Clients do not pay hidden commissions, sales charges or other superfluous fees when working with us, nor do we receive any compensation for our advice and services other than what our clients pay us directly.

Frequently Asked Questions

Click here to view some frequently asked questions about working with our firm.


Next: Read about our Philosophy and Core Beliefs

R1 Financial Group
7616 LBJ Freeway, Ste. 724
Dallas, TX 75251

Phone: (214) 628-9100
E-mail: Brad@R1FinancialGroup.com