Some financial advisors require you to complete a workbook prior to your first meeting.  I’ve determined that information relevant to a client’s personal situation in whatever format is easiest for them works just as well. 

The following is a list of documents and information to bring to our first meeting.  You needn’t bring everything listed and you may have other information you deem important; bring what you think will be useful.  Completing the cash flow and net worth worksheet on my web site may be useful.  If you have this information in another format use what you have.

• Latest investment statements or a list of assets and the broad categories (Retirement & Taxable accounts, emergency funds, education funds etc.)

• Include employer retirement plans – how your current investments are allocated and what additional other investments are offered.  Include the amount of your contribution and the employer match, if any

• Real estate information – Approximate fair market value, mortgage balance, interest rate and term of all mortgages.

• Break out principal and interest payment from your total monthly payment if you have an escrow account.

• Differentiate between principal and secondary residences and any investment property.  

• Any other liabilities and payment terms

• Information on life, disability and medical insurance – coverage and costs

• Income information

• Recent tax return

• Major purchases and other anticipated future expenses (automobile, education …)

• Desired retirement age

• Estate Planning documents or steps taken toward estate planning