Stress Testing

Stress Testing is a very powerful form of a second opinion and it is characteristic of successful families. The super wealthy who have a family guided office typically engage a sizable lineup of professional advisors to help them create and implement financial plans. To ensure those plans are both comprehensive and in line with their needs and wants, many of the super wealthy regularly “stress test” these plans.

The Benefits of Stress Testing

  • Testing the assumptions of a financial plan can help confirm it’s right for you or identify ways it could jeopardize your goals and put you at risk.
  • High-level stress testing involves a systematic process that examines goals, changing scenarios and costs to determine the right course of action.

The Benefits of Stress Testing

  • Individuals and families don’t have to be outrageously wealthy to benefit from a financial stress test.
  • Stress tests will especially benefit business owners and their families who generally have so much of their future financial security riding on one asset: their business.

As part of your Stress Test, we’ll get together for our Discovery Meeting. Hopefully, we can confirm you’re on track to pursue your values and goals. If needed, we’ll suggest ways in which we can help, including recommending someone else if we determine we’re not a good fit for your needs. Either way, you’ll receive a personalized analysis of your current situation.