Our Process
A Collaborative Approach to Financial Planning
Financial planning is not a one-time event—it’s an ongoing process. At Pursuit Wealth Management, we believe the best financial decisions are made through thoughtful planning, education, and a trusted long-term relationship.
As a fiduciary wealth management firm in Woodbury, Minnesota, our goal is to help you gain clarity and confidence in your financial future. Whether you’re preparing for retirement, navigating a complex compensation package, or managing the responsibilities of business ownership, we work alongside you to develop a personalized strategy designed around your goals.
Our process is designed to help you understand where you are today, identify where you want to go, and create a roadmap to help you get there.
Introductory Meeting
Every relationship begins with a conversation. During our introductory meeting, we’ll discuss your goals, priorities, concerns, and expectations. We’ll learn more about your financial situation and answer any questions you may have about our planning process, services, and approach. The purpose of this meeting is simple: determine whether we’re a good fit for one another and establish a foundation for a successful long-term relationship.
Exploration & Discovery
Once we’ve established that we’re a good fit, we’ll take a deeper dive into your financial life. During this phase, we’ll review your current financial picture, including investments, retirement accounts, income sources, employee benefits, taxes, insurance coverage, estate planning documents, and other important considerations. We’ll also spend time discussing your personal goals, family priorities, and future aspirations.
Detailed Planning & Recommendations
Using the information gathered during the discovery process, we’ll develop a customized financial plan tailored to your goals. Your plan may address retirement income planning, investment management, tax planning strategies, Social Security, employee benefits and stock compensation, estate planning coordination, risk management, and cash flow. Most importantly, we take the time to explain our recommendations in clear, straightforward language.
Ongoing Guidance & Advice
Life changes—and your financial plan should evolve with it. For clients who choose an ongoing relationship, we provide proactive guidance and regular reviews to help ensure your plan stays aligned with your goals. As markets change, careers evolve, businesses grow, and retirement approaches, we’ll continue to adjust and refine your strategy.
Types of Engagements
Every client’s needs are different. That’s why we offer flexible planning and advisory relationships.
Proactive Wealth Management
Our comprehensive wealth management engagement is designed for clients seeking ongoing financial planning and investment management. This relationship includes customized investment strategies, retirement planning, ongoing monitoring, and proactive advice as your circumstances evolve. We charge a transparent asset-based fee for the investments we directly manage as part of a comprehensive planning relationship. This engagement is often a good fit for individuals and families with approximately $250,000 to $500,000 or more in investable assets.
Financial Planning & Hourly Consulting
Not everyone needs ongoing investment management. For clients seeking professional guidance on a specific financial planning topic or a comprehensive financial plan they can implement themselves, we offer project-based and hourly consulting engagements. This option is ideal for individuals who are early in their financial planning journey, prefer managing their own investments, or simply want expert guidance from a Certified Financial Planner™ professional. Planning engagements typically range from $2,500 to $5,000 depending on the complexity of the situation.
Ready to Get Started?
The first step is a conversation. Whether you’re preparing for retirement, evaluating workplace benefits, or looking for a trusted financial partner, we’d welcome the opportunity to learn more about your goals.