Our Approach

 

With over 30 years in business Derrick Andrews, President of AWA Wealth Management, LLC, has established a six step process that sets us apart and consistently demonstrates personal qualities that our clients appreciate. We go beyond just assets to explore our client’s values, beliefs, needs and dreams. Our trustworthiness and dependability are vital as we seek to turn these into realities. Our 6-step process and key strategies seek to take our clients well beyond simply investments and address financial concerns in four major areas: wealth enhancement, wealth protection, wealth transfer, and charitable giving.

 
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The 6-Step Process

 

1

DISCOVERY MEETING

Initial Consultation
Everyone needs and deserves a quality financial plan. Preparation brings our most enduring success. At the Discovery Meeting, we will ask you a series of questions to really understand what is most important to you, what you would like to accomplish, and what keeps you awake at night. We will determine where you are now, where you want to be, and any gaps or obstacles that stand in the way. It’s our chance to get a very clear picture of you so that we can guide you in how best to achieve your most important goals.

2

INVESTMENT PLAN MEETING

2 Weeks After Discovery Meeting
AWA Wealth Management encourages an honest dialogue between client and advisor to help us to agree on and meet expectations. A diagnostic of the current situation, recommendations for moving forward and details on investing approach is presented at this meeting. We use a responsive high tech interface, Money Guide Pro, and establish an investment plan with recommendations for your current situation, then moving forward using an optimum investment approach.

3

MUTUAL COMMITMENT

1 Week After Investment Plan Meeting
After identifying your goals and presenting your custom personalized comprehensive investment plan, we agree to move forward to the next step of our wealth management process. We will execute the documents necessary to put your plan into motion and move forward in helping you achieve all that is important to you.

 

4

45 DAY REVIEW

45 Days After Mutual Commitment
Since setting goals and implementing a plan are the foundations on which all subsequent work depends, a considerable amount of time and effort must be spent to get them right. Our 45-day review meeting builds clear communication, provides education and helps establish trust. We honor the opportunity to track your portfolio progress and fine-tune your plans along the way.

5

REGULAR PROGRESS MEETINGS

90 Days After Review Meeting
Review of progress and implementation on advanced plan twice a year. This meeting is an opportunity to address any questions or concerns you may have and review the progress of your comprehensive financial and advanced plan.

6

ADVANCED PLAN

Ongoing Work & Partnership
We have carefully selected a team of professionals, each with a high level of knowledge and skill in key financial areas, to evaluate all aspects of your financial situation.

This team of specialists applies its expertise to evaluate all aspects of your financial situation and devise appropriate strategy.

Take Full Control Of Your Finances With Our Advanced Plan

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Our key strategies seek to take our clients well beyond investments, and address financial concerns in four major areas:

 

 

Wealth enhancement - Advanced planning to help clients with ensuring “cash flow” and mitigating taxes. The goal is to minimize tax impact on clients’ investment returns.

Wealth Protection- Advanced planning that involves employing concepts and strategies to ensure your wealth is not unjustly taken from potential litigants, ex-spouses, and children’s spouses as well as to protect you against catastrophic loss.

Charitable Giving - Advanced planning for helping fulfill clients philanthropic goals and maximizing the effectiveness of a charitable intent.

Wealth Transfer - Advanced planning to help our client effectively protect their assets and facilitate the most tax-efficient ways to pass assets to succeeding generations in a way that meets the client’s wishes.