We follow the CFP Board of Standards Financial Planning Six Step Process

1. Establishing and defining the client-advisor relationship.

At our initial client meeting Bonner & Smith will explain the services to be provided and define the responsibilities of the advisor, the client and the financial markets. We will explain our core beliefs for reaching long-term financial goals. Information will be provided regarding the fee structure, the custody arrangements for client accounts and how decisions will be made.

2. Gathering client data, including goals.

Bonner & Smith will ask for information about your financial situation. You will be asked to complete a risk tolerance and suitability questionnaire. This includes long-term financial goals, objectives, time horizon, risk tolerance, etc. You will also be asked to provide copies of relevant financial documents and statements related to investments, taxes, workplace retirement plans, insurance and estate planning.

3. Analyzing and evaluating your financial status.

Bonner & Smith will analyze your information to assess your current situation and determine what must be done to meet your long-term financial goals. This may include analyzing your assets, liabilities, cash flow, savings rate, current insurance coverage, investment or tax strategies examine the results of the current course of action without changes. .

4. Developing and presenting financial planning recommendations and/or alternatives.

We will offer financial planning recommendations that address your goals, based on the information you provide. We will explain the recommendations to you to help you understand them so that you can make informed decisions. We will listen to your concerns and revise the recommendations as appropriate.

5. Implementing the financial planning recommendations.

If it is determined that the client/advisor relationship is suitable, a portfolio management agreement will be executed between you and Bonner & Smith and accounts will be opened at Fidelity Investments. Bonner & Smith will have discretion (limited trading authority) over these accounts. Bonner & Smith may assist you in the implementation of recommendations, which may involve other professionals.

6. Monitoring the financial planning recommendations.

Bonner & Smith will monitor the accounts under management and report quarterly. Periodically Bonner & Smith will review your situation and monitor your progress toward your long-term financial goals. Recommendations will be adjusted as needed.