Human Centric Wealth Planning

Human Centric Wealth Planning is our tool to deeply understand who you are, evaluate what you have, and create innovative financial systems rooted in your actual needs.

Separated into three parts, Human Centric Wealth Planning is a framework that encompasses well-being discovery, resource exploration, and systems creation. The cyclical nature of the framework allows for constant monitoring of your plan and flexibility to accommodate life’s inevitable changes.

DISCOVER WELL-BEING

Our approach to well-being is based on the model developed for the UK Government Office of Science. The model recognizes that well-being is both influenced by, and influences, multiple interconnecting components.

Simply put, an individual’s external conditions act together with their personal resources to allow them to function well in their interactions with the world and therefore experience positive emotions. When people function well and experience positive emotions they are considered as having high well-being.

Our Well-being Questionnaire was developed to help you understand the interconnecting components of your well-being, identify opportunities for greater harmony and monitor variations over time.

Developed by scientists with 12 years of experience working with international bodies to create measures of well-being; Our unique questionnaire utilizes your subjective responses about your well-being to generate quantitative metrics.

From your questionnaire responses, we will create your Well-being Profile providing you with your Well-being Number and a visual summary of the interconnecting components

An Insight Meeting will be facilitated by your advisor to help you identify themes in your well-being and brainstorm possibilities.

EXPLORE RESOURCES

Each of us depends upon the resources available to bring about change. We think about resources in three different categories:

Financial: Net worth, investments, insurance, debts, real estate, other assets

Social: Family, friends, professional, spiritual

Personal: Health, resilience, outlook

As time progresses, some resources may increase (income), while others may decrease (vitality).

We understand the important fact that our usable resources shift and are finite. This limited nature inherently makes us want to increase the sustainability of them, which is best done by the intentional use of each resource.

In the Explore Resources Meeting, each of the three categories are reviewed, ensuring their proper use in your financial systems

CREATE SYSTEMS

Human Centric Wealth Planning is uniquely situated to arrive at systems that are meaningful, feasible, and sustainable. We start with your well-being insights to quickly uncover what is most meaningful to you.

With insights in hand, we examine your resources and use our expertise to home in on creating feasible financial systems. The systems are put through comprehensive stress tests to determine their sustainability and assigned a Wealth Index Number.

Your personal Wealth Index Number is the rate of return necessary to ensure your resources are sustainable throughout the combined lifetime of you and your significant other.

As life evolves, so must your Human Centric Wealth Plan. On an annual basis we will revisit this process, gain further insights, and adjust the systems so the rest of the year you can focus on what really matters:

living happy, fulfilling lives.

Make time for peace of mind.

With over 40 years of experience in financial planning and a commitment to the well-being of our clients, we know your Human Centric Wealth Plan will provide peace of mind for the future and enjoyment in the moment.

Schedule an Appointment

Product | October 8, 2018 | WMBC