financial profile (client packet)

8/14/2019 Financial Profile (CLIENT PACKET)

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Meeting Agenda

A. Introduction

B. Agent Background

C. Client Background

1. Review Financial Foundation2. Investment Risk / MAP3. Goals and Priorities

D. Seven Key Steps to Planning1. Financial Foundation2. Risk Management3. Wealth Accumulation4. Taxes and Inflation

5. Retirement Plans6. Asset Protection7. Estate Planning

E. Six Step Process1. Personal Commitment

2. Data Gathering Date: Financial Questionnaire (two pages)

Assets and Liabilities Budget Analysis

Social Security Statements

3. Critical Factor Analysis

4. Review Assessment Date:

5. Implementation of Action Plan

6. Introductions to my services (four or more)

Many people never take the time to do what you are doing. When the time is right and you find a friend,co-worker or a family member who could benefit from my services, all I ask is that you dont keep me asecret. Let me know how to get connected with them.

If you have questions, or need to reset an appointment, please call us.(425) 280-9169

HealthInsurance

Retirement Plans

Taxes and Inflation

Wealth Strategies

Business Ownership

Estate Plans

Long-Term Care

Asset Protection

Wealth Transfer

LifeInsurance

Auto & PropertyInsurance

Disability Income Protection

Greatest asset is your ability to work

Review Current Plans, Goals, Priorities and Documents

RISK MANAGEMENT

Wealth Accumulation

FINANCIAL FOUNDATION


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Financial Foundation Date:GOALS and Priorities

1. Create Your Plan2. Implement Your Plan

3. Review Your Plan

GOALS & OBJECTIVES (Please answer the level of importance, not rather you have achieved it or not)

AREA OF CONCEARNLEVEL OF YOUR CONCERN?

LOW MED HIGH

DISABILITY INCOME Examine the financial impact a disability wouldhave on your income.

CRITICAL ILLNESS What if you were diagnosed with cancer heartattack stroke or another critical illness?

NEEDS IN THE EVENT OF DEATH - Examine the financial impact of adeath, including immediate cash needs and continuing income needs.

SAVINGS ACCOUNT -Having adequate emergency savings set aside forimmediate needs.

DEBT ELIMINATIONReduce or pay off all non-mortgage debts (schoolloans, auto, credit cards, loans and etc.).

RETIREMENT Compare how your current retirement plans compare toyour objectives.

ASSET ALLOCATION Examine your current asset allocation in relation toyour risk tolerance. (Aggressive Moderate Conservative)

LONG-TERM CARE Examine the devastating impact long-term care costcan have on your financial situation.

COLLEGE FUNDING Examine the cost of college and alternative methodsof funding for child(ren) and grandchildren(ren).

ESTATE PLANNING Examine your plan for minimizing potential estatetaxes, lawsuits and medical bills.

ACCUMILATION GOALSExamine and plan for the cost to accomplish

WHAT IF?

Whats important about money

HealthInsurance

Retirement Plans

Taxes and Inflation

Wealth Strategies

Business Ownership

Estate Plans

Long-Term Care

Asset Protection

Wealth Transfer

LifeInsurance

Auto & PropertyInsurance

Disability Income ProtectionGreatest asset is your ability to work

Review Current Plans, Goals, Priorities and Documents

RISK MANAGEMENT

Wealth Accumulation

FINANCIAL FOUNDATION


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major financial goals. (Business Ownership / Rentals & Vacation Property)

What does a Financial Representative do?Corbin Lindsey, Independent Financial Representative, main goal is to help clientsdefine their personal financial goals, review their current insurances and investmentsand focus on planning. Please review my services and products listed. You will findthat being independent allows me to offer what is best for you and not just from a smalllist of what other agents who are captive agent has to offer. I believe that I work formy clients and not for the insurance companies.

How much will this cost?Our services are at no cost to you. We do not charge our clients a fee to discuss their planningneeds and develop a personal portfolio for them no matter how many times we meet.

Services Companies Appointed

- Budget Analysis ALLIANZ LIFE INSURANCE COMPANYOF NORTH AMERICA

- Financial Foundation Review AMERICAN FAMILY LIFE ASSURANCE COMPANY OF COLUMBUS

- Risk Analysis / Needs Assessment AMERICAN GENERAL LIFE INSURANCE COMPANY

- Wealth Accumulation Strategies AMERUS LIFE INSURANCE COMPANY

- Tax Strategies ASSURITY LIFE INSURANCE COMPANY

- Retirement Planning AVIVA LIFE INSURANCE COMPANY

- Asset Protection AXA EQUITABLE LIFE INSURANCE COMPANY

- Estate Planning BANNER LIFE INSURANCE COMPANY

- Pension Maximization BUSINESS MEN'S ASSURANCE COMPANY OF AMERICA

- Investment Strategies C M LIFE INSURANCE COMPANY

- Mortgage Equity Harvesting EMPIRE GENERAL LIFE ASSURANCE CORPORATION

Business Planning EQUITRUST LIFE INSURANCE COMPANY

- Business Buy / Sell Funding FIDELITY & GUARANTY LIFE INSURANCE COMPANY

- Business Continuation FORESTERS

- Key Man (Golden Handcuffs) GENWORTH LIFE INSURANCE COMPANY

- Executive Bonus HARTFORD LIFE AND ANNUITY INSURANCE COMPANY

- Tax Strategies for Business Owners HARTFORD LIFE INSURANCE COMPANY

- Employee Educational Workshops ILLINOIS MUTUAL LIFE INSURANCECOMPANY

Insurance Products ING USA ANNUITY AND LIFE INSURANCE COMPANY

- Disability Insurance JOHN HANCOCK LIFE INSURANCE COMPANY

- Life Insurance (& Mortgage Protection) MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY

- Long-Term Care METROPOLITAN LIFE INSURANCE COMPANY

- Critical Illness MIDLAND NATIONAL LIFE INSURANCE COMPANY

- Health / Medicare Supplements / Part D MUTUAL OF OMAHA

Investment Products OHIO NATIONAL LIFE INSURANCE COMPANY THE

- 401(k) PENN TREATY NETWORK AMERICA INSURANCE COMPANY

- IRAs (Traditional / SEP / SIMPLE / ROTH) PHYSICIANS MUTUAL INSURANCE COMPANY

- Annuities (Fixed / Variable) PRINCIPAL LIFE INSURANCE COMPANY

- Cash Value Policies (Fixed / Variable) PROTECTIVE LIFE INSURANCE COMPANY

- Mutual Funds (See List Below for popular funds) PRUCO LIFE INSURANCE COMPANY

Most Popular Funds: STATE LIFE INSURANCE COMPANY THE

- American - AIM SUN LIFE ASSURANCE COMPANY OF CANADA U S

- Lord Abbott - MFS TRAVELERS LIFE AND ANNUITY COMPANY THE- Oppenheimer - Mainstay UNITED OF OMAHA

And many more US FINANCIAL LIFE INSURANCE COMPANY

Do you have an agent, advisor or broker actually working FOR YOU?


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Introductions and ReferralsIn exchange for helping you with your planning needs, I ask that you help me with my marketing. There are manylike yourself that would love to have the chance to meet with me. If you would provide me with introductions ofthose like yourself who take planning seriously, I would be more then glad to contact them and offer them thesame service you have had.

Client Name: Date:

Ideal client, like you Cares about family and community

Spends the time to plan for their lives

Has high integrity and values

Seeks professional advice

Is helping / generous and likes to make adifference in the lives of others

Is serious about achieving the freedom thatcomes with financial security

Who do you know who embodies those qualities and Expressed desire to educating their Children?

If working, has an income of at least $50,000

If Retired, has assets of at least $100,000

Owns a business or is financiallysuccessful

Just Married / had a child / Retired

Retirement Planning concerns Is doing well with their financial goals, and

open to reviewing their needs?

My clients also consist of professionals and business owners. Is a successful professionals, such as a CPA, Accountant, Attorney, Physician, Realtor, Loan Officer?

Many are corporate leaders in our community and are on boards of many charities.

Is a successful business professional or owns a small business?

Please write down the information indicated below. All I ask is that whoever you would like to introduce to

me would have been previously contacted by you and that a desire for me to contact them has been

expressed.

# Contact Name Phone # City Notes

1

2

3

4

5

6

78

9

10

Thank you for taking the time to help me to help others reach their financial goals.
mailto:[email protected]://www.lindseyadvisors.com/


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Client Review Date:Last Name: Home #:

Client: DOB: Age: NS / S

Spouse: DOB: Age: NS / S

Child: DOB: Age: NS / S




Address: E-Mail:

City: Zip Code:

Client Cell: Anniversary:

Spouse Cell: Grandkids:

Occupation: Occupation:

Employer: Employer:

Income: Phone: Income: Phone:

1. What financial products and how would you describe your knowledge of them?

INSURANCE

Product Client Spouse

INVESTMENTS Product Client Spouse

Group Life Pension Plan

Term / Perm Life 401K/403b/457/ IRAs

Disability Mutual Funds / Stocks

Long-Term Care Bonds / T-Bills

Health Coverage Annuities

Auto / Home / Umbrella CDs / Money Market

2. Which type of investor profile best describes you?Risk Level Definition Client Spouse

Very Conservative Would not like to take any risk

Conservative Only a small amount of money at risk

Moderate Comfortable with some risk

Aggressive Comfortable with greater risk

Name of Broker: Satisfaction Level: A B C D

3. GOALS & OBJECTIVES (Please answer the level of importance, not rather you have achieved it or not)

AREA OF CONCEARNLEVEL OF YOUR CONCERN?

LOW MED HIGH

DISABILITY INCOME

CRITICAL ILLNESS

NEEDS IN THE EVENT OF DEATH

SAVINGS ACCOUNT

DEBT ELIMINATION

RETIREMENT

ASSET ALLOCATION

LONG-TERM CARE

COLLEGE FUNDING

ESTATE PLANNING

ACCUMILATION GOALS

OTHER GOALS

Any Legal Documents: Living Will Medical Directive Power of Attorney Trusts

Last Updated:

Do you need a referral to another professional?Attorney Tax Accountant Property and Causality Loan Officer Realtor Stock Broker OTHER:


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Assets and Liabilities Worksheet

To facilitate a Needs Analysis which details where your current risk factors and the status of your

retirement outlook, we ask that you obtain recent copies of each investment documents listed below. (Please

have available for review upon our next appointment.)

Client Name: Date:

PLEASE PROVIDE A COPY OF

Financial Questionnaire Worksheet

Current Budget Breakdown

Social Security Statements (A copy may be obtained atwww.ssa.gov)

INVESTMENTS / ASSETS (Please have copies to review) Current Value Rate Mo. Payment

CDs (Certificate of Deposit) $ % $

Savings Account / Money Market $ % $

401 k / 403 / 457 Plans $ % $

IRA - Traditional / Simple / SEP $ % $

IRA Roth $ % $ Stock Accounts $ % $

Mutual Fund Accounts $ % $

Bond Accounts $ % $

Annuity (Fixed / Index / Variable)

Pension (Fed / State / City) $ % $

Pension (Military / Union) $ % $

House Market Value $ Equity $

LOANS / OBLIGATIONS Balance Rate Mo. Payment

House 1st Mortgage $ % $

House 2nd Mortgage $ % $

Car Loans $ % $

Education Loans $ % $

Personal Loans $ % $

Other Loans $ % $

Credit Card Accounts $ % $

OTHER: $ % $

Current In-Force Policies (Please have copies to review) Face Amount Mo. Payment

Life Insurance (from work) $ $

Life Insurance (term) $ $

Life Insurance (cash value type) $ $

Disability Income $ $

Long-Term Care $ $

Critical Illness Insurance $ $*** Please have the above information ready prior to our next appointment. However, should you not be able to gather all informationlisted above prior to our meeting you can supply that information at a later date.
http://www.ssa.gov/http://www.ssa.gov/http://www.ssa.gov/


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Budget Analysis

Client Name: Date:

First name Occupation Gross Inc Net Inc Medical Pre-tax Save Other

Total Monthly Income Total

Expenses Company Int. Rate Balance Payment Budget Disabled???

Mtg.

Loans

1st Mtg

2nd Mtg

Line of Credit

Mortgage Loans Total

Auto

Loans

Car

Auto Loans Total

Long-Term

Debt

Student Loan

Credit Card

Long-Term Debt Total

MonthlyLivingE

xpenses

(Utilities/Insurances)

Gasoline for cars

Electricity

Garbage

Sewer & WaterHome Phone

Groceries

Child Care

Auto Insurance

Retirement / Savings

Disability

Life Insurance

Monthly Living Expenses Total

Monthly

Spending Entertainment

Cell Phones

Cable

Internet

OTHER


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Monthly Spending Total

Monthly Expenses Total

SURPLUS / DEFICET*** Optional Excel version of this budget analysis is available upon request or you may go to: www.lindseyadvisors.com

Financial QuestionnaireTake the time to complete this questionnaire as it will help us to ask you the right questions. We want to help you in all your planning

services. IF you feel there are additional details that we should know about then please turn over the paper and write your commentsalong with any additional questions on the back side of this form.Please have this ready for our next appointment.

Client Name: Date:

Health InsuranceDo you have any type of health Insurance? YES NO YES NOHave you found it to be adequate? YES NO YES NOWho handles that for you or your company?

Disability Income / Critical IllnessIf disabled due to an injury or illness would your income continue? YES NO YES NOIf So, how? (Payout amount, taxed?)

If disabled, how long would current savings and investments last?

Do you feel comfortable with this? YES NO YES NO

Savings AccountDo you have a systematic savings program? YES NOHow much are you saving monthly? $Where? How?

Life Insurance Analysis If Husband Dies If Wife DiesDo you have an adequate amount of life insurance? YES NO YES NOHow much do you currently have? (Group / Individual) $ $Why did you choose that amount?

What Company?

What type is it? (TERM / WL / UL / EIUL / VUL)What is the Annual Premium?

How much insurance do you own on your children $

If you died, would your family maintain their standard of living? YES NO YES NO

LUMP-SUM CAPITOL NEEDS AT DEATHFUNERAL EXPENSES Burial, Medical Expenses, etc. $ $PROBATE and TAX LIABILITIES $ $MORTGAGE / RENT Balance or Payments Required? $ $DEBT LIQUIDATION Loans, Credit Cards, etc.? $ $EDUCATION FUND Children / Spouse? $ $EMERGENCY FUND Home, Auto Repair & Emergencies, etc.? $ $CHILD CARE FUND (yearly cost multiplied by # of years) $ $

ANNUAL INCOME NEEDS***With Children After Children During Retirement

Husband Wife Husband Wife Husband Wife# of Years

Annual Living Expenses of Survivors

Social Security Benefits
http://www.lindseyadvisors.com/http://www.lindseyadvisors.com/


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Survivors Earned Income

Other Expected Income

*** Please do not complete the ANNUAL INCOME NEEDS Section


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Financial Profile Continued

Client Name: Date:

Retirement PlanningAt what age would you like to retire?

Does your employer sponsor a retirement plan? YES NO YES NOIf so, what type? (401k / 403b / 457 / Pension / ESOP / Profit Sharing)

Monthly employer contributions $ $ $Monthly employee contributions $ $ $Current balance $ $ $

Are you and your spouse covered by Social Security? YES NO YES NOWhat is the estimated monthly Social Security Amount? $ $What age do you plan to take Social Security Income? 62 65 66 67 72 62 65 66 67 72Do you have military or other pension benefits? YES NO YES NOHow long do you believe that you will live during retirement? 75 80 85 90 95 75 80 85 90 95In todays dollars, what annual income do you want at retirement? $ ($24K Suggested Minimum)Right now, how much more could you save monthly for retirement? $ HOW:

Long-Term CareDo you currently have a Long-Term Care Policy YES NODo you have Assets that you wish to protect? YES NODo you feel good about your ability to fund Long-Term Care Needs? YES NO

Education FundingDo you plan to contribute to your childrens college education? YES NODo you have a college in mind? YES NO Which One:

How much have you accumulated? $ HOW:How much are you currently saving monthly for this? $ HOW:Right now, how much more could you save monthly for college? $ HOW:

Pension MaximizationCompany Name: Company Name:

Yrs at company: Yrs at company:

Are you vested: YES NO Are you vested: YES NOPension start date: Pension start date:

Rate per yr: Rate per yr:

Mortgage MaximizationMarket Value $ Annual Taxes $

Total Mtg Debt $ Annual Insurance $

Total Equity $ Other:

Mortgage details

1st Mtg Company 2nd Mtg Company

Loan Balance $ Loan Balance $

Interest Rate % Interest Rate %

# of payments remaining # of payments remaining

Notes:


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Life Insurance Worksheet

Date Last Name Husband Wife

Cash Needs at time of death of: HUSBAND WIFE

Immediate Money Fund $ $Funeral Medical (hospital) expenses Attorney Executor fees Probate cost taxes

Mortgage / Rent Payment Fund $ $Mortgage Amount remaining or Monthly Rent $_____ x 12 x _____ years

Debt Elimination Fund $ $Credit Cards Auto Loans School Loans Other

Educational Fund $ $Kids Education Goals ($_____ per child x _____ children = _____ )

Emergency Fund $ $Unexpected bills like car repairs, roof repairs, medical emergencies, etc.

Other Needs $ $

Child Care, etc.

(A) TOTAL CASH NEEDS AT DEATH $ $

LIVING EXENSES OF: WIFE HUSBAND

Monthly Gross Income Objective $ $

Less: Survivors Earned Monthly Income $ $

Less: Estimated Social Security Survivor Benefit $ $

Monthly Income Shortage (if applicable) $ $

Capital Retention Method $ $Multiply monthly income shortage by 12 and divide by Expected Net Yield. Take Assumed Interest Rate - Assumed Inflation Rate = Net Yield %

Capital Depletion Method $ $Refer to the table on the reverse side of this form for the appropriate amount needed

(B) TOTAL INCOME NEEDS AT DEATH $ $

Funds Available to Meet Needs from: HUSBAND WIFE

Current Life Insurance In Force $ $Existing Individual and Group Life Insurance Policies / Certificates

Realizable Assets $ $Checking Savings Investments Etc.

(C) TOTAL FUNDS AVAILABLE

$ $

(A) Cash Needs + (B) Income Needs (C) Funds Available $ $

All Information contained and recorded in this document including the document itself is the property of Corbin Lindsey

and will not be shared with any third party without the express written consent of the client.
mailto:[email protected]://www.lindseyadvisors.com/


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Capitol Depletion MethodMonthly Income Shortage (From Reverse Side) $ $

(A) Assumed Interest Rate % %

(B) Assumed Inflation Rate % %

(C) Net Rate of Return (A-B) % %Number of years to Depreciate CapitalThis is the number of years the insured would like to provide income to his / her survivors

Annuity Factor(Use the table below to determine the correct Annuity Factor by matching the number of years that income is required and corresponding it with theexpected Net Rate of Return)

Total Income Needs at Death $ $Monthly Income Shortage x Annuity Factor (This amount should also be transferred to Section B Total Income Needs at Death on the reverse side ofthis form)

NET RATE of RETURN

Years

Required 2.0% 2.5% 3% 3.5% 4% 4.5% 5% 5.5% 6% 6.5% 7% 7.5%

1 11.87 11.84 11.81 11.78 11.75 11.72 11.69 11.66 11.63 11.60 11.57 11.54 1

2 23.51 23.39 23.28 23.16 23.05 22.93 22.82 22.71 22.60 22.49 22.38 22.28 2

3 34.92 34.66 34.41 34.16 33.91 33.66 33.42 33.18 32.95 32.72 32.49 32.27 3

4 46.11 45.66 45.22 44.78 44.35 43.93 43.52 43.11 42.71 42.32 41.93 41.56 4

5 57.08 56.39 55.71 55.04 54.39 53.76 53.13 52.52 51.92 51.34 50.76 50.20 4

6 67.83 66.85 65.90 64.96 64.05 63.16 62.29 61.44 60.61 59.80 59.01 58.24 5

7 78.37 77.06 75.79 74.54 73.34 72.16 71.01 69.90 68.81 67.75 66.72 65.72 6

8 88.71 87.02 85.39 83.80 82.26 80.77 79.32 77.91 76.55 75.22 73.93 72.67 7

9 98.84 96.74 94.71 92.75 90.85 89.01 87.23 85.51 83.84 82.23 80.66 79.14 7

10 108.78 106.22 103.76 101.39 99.10 96.90 94.77 92.71 90.72 88.81 86.95 85.16 811 118.51 115.47 112.55 109.74 107.04 104.44 101.94 99.53 97.22 94.99 92.84 90.76 8

12 128.06 124.50 121.08 117.81 114.67 111.66 108.77 106.00 103.34 100.79 98.33 95.97 9

13 137.42 133.30 129.36 125.60 122.01 118.57 115.28 112.14 109.12 106.24 103.47 100.82 9

14 146.60 141.89 137.41 133.14 129.06 125.18 121.48 117.95 114.57 111.35 108.27 105.33 1

15 155.60 150.27 145.21 140.41 135.85 131.51 127.39 123.46 119.72 116.16 112.76 109.52 1

16 164.42 158.45 152.79 147.44 142.37 137.57 133.01 128.68 124.57 120.67 116.95 113.42 1

17 173.07 166.42 160.15 154.24 148.65 143.36 138.36 133.63 129.15 124.90 120.87 117.05 1

18 181.55 174.21 167.30 160.80 154.68 148.91 143.46 138.32 133.47 128.88 124.53 120.42 1

19 189.86 181.80 174.24 167.14 160.48 154.21 148.32 142.77 137.54 132.61 127.96 123.56 1

20 198.01 189.20 180.97 173.27 166.05 159.29 152.94 146.98 141.38 136.12 131.16 126.48 1

25 236.42 223.61 211.82 200.93 190.88 181.58 172.97 164.99 157.57 150.69 144.27 138.30 1

30 271.21 254.03 238.42 224.22 211.28 199.47 188.66 178.76 169.67 161.32 153.63 146.53 1

35 302.72 280.91 261.37 243.83 228.05 213.82 200.95 189.30 178.71 169.08 160.30 152.27 140 331.26 304.67 281.17 260.35 241.84 225.34 210.59 197.36 185.47 174.75 165.05 156.26 1

45 357.11 325.67 298.25 274.25 253.17 234.58 218.13 203.53 190.52 178.88 168.44 159.04 1

50 380.53 344.23 312.98 285.95 262.48 242.00 224.05 208.25 194.29 181.90 170.86 160.98 1

55 401.73 360.64 325.69 295.81 270.13 247.95 228.68 211.86 197.11 184.10 172.58 162.33 1

60 424.56 377.83 338.65 305.60 277.54 253.56 232.94 215.10 199.57 185.97 174.01 163.42

65 438.34 387.95 346.10 311.10 281.59 256.56 235.16 216.74 200.79 186.88 174.69 163.92 1

70 454.09 399.28 354.26 316.98 285.84 259.63 237.38 218.36 201.96 187.74 175.31 164.38 1All Information contained and recorded in this document including the document itself is the property of
mailto:[email protected]


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Corbin Lindsey and will not be shared with any third party without the express written consent of the client.