True Wealth - It Begins With You
At Hyre Personal Wealth Advisors, we think of True Wealth™ as something bigger than just numbers. We believe True Wealth™ means you have clarity about your life’s goals and the confidence in knowing how you can fulfill them. Our True Wealth™ Process is designed to do just that - to help you think clearly, analyze all your options, and make sound investment decisions so you can enjoy your wealth and live your best life.
The True Wealth™ Process
The five steps of our True Wealth™ Process provide the framework and method to help you worry less and enjoy life more on your journey to financial confidence.
Step One
Identify & Prioritize Your Goals
During this step, we encourage you to dream about what brings you happiness in life. Starting with identifying big themes that resonate with you, like spending time with your family, traveling or giving back to your community, we can then help you create specific goals. The more specific you can be with identifying goals and setting a time frame, the more clarity your True Wealth™ experience will have.
Step Two
Take Inventory
This next step usually starts with a financial inventory of your savings and investments, but should also include things like work experience, skills and education.
Step Three
Identify & Qualify Your Gaps
This step takes a critical look at where you are today and the goals you identified in the first step. By identifying and qualifying the gaps, we can determine what adjustments are necessary to help you reach your goals. These adjustments might mean a different approach to your investments. For others, it may mean re-prioritizing your goals. In the end, it will result in a clear path forward.
Step Four
Make a Plan of Action
Now it's time to begin implementing your plan. It is likely that specific actions will be required to get your plan started, and having clearly defined actions will turn your plan into reality.
Step Five
Review & Adjust
Even the best plans need adjustments due to unforeseen circumstances and changes in your goals. We like to do an annual audit of your plan to make sure you are still on track. Identifying and making small adjustments is simple and provides ongoing confidence that your goals are still attainable.