Our Financial Planning Process

Onboarding Process

At OmniStar Financial Group, we prioritize clarity and comfort as you embark on your financial journey with us. Our structured, step-by-step process ensures a seamless transition and a personalized strategy tailored to your financial goals.

Getting Started

  • We get to know each other. Questions are encouraged! 
  • We discuss your financial goals, plans and concerns.
  • We talk "OmniStar" and how our process helps clients navigate the wealth management journey.
  • We talk about how OmniStar is compensated and how your information and money will be handled.
  • Together, we decide how to move forward and implement your personalized wealth management plan.

Action Items

Complete the following forms to provide a more complete picture of your financial situation:

  • Fact-finder
  • Risk tolerance questionnaire
  • Confidentiality and compensation agreements

Provide specific financial documents, such as:

  • Income tax returns
  • Will or other estate planning documents
  • Account statements
  • Income statements

Goal Setting

  • We discuss your financial and personal goals together.
  • We review the information you provided and make sure it’s correct.
  • We help you turn broad needs and goals into specific, measurable objectives.
  • Your questions or concerns will be addressed.

Action Items

  • Our team will analyze your data and use it to compare your goals with your current financial situation.
  • During the process, we will identify areas of financial strengths and weaknesses. The completed plan will include recommendations for maximizing your strengths and reducing your weaknesses.
  • We will contact you for additional data if we identify gaps.
  • The initial financial plan draft will be ready for viewing.

Implementation

  • Our team presents an initial plan with detailed analysis and recommendations.
  • We review the plan together, making adjustments according to your concerns.
  • You’ll decide which assets will be directly under our management.
  • We discuss how to efficiently and safely transfer your assets.
  • We establish a schedule for future meetings.

Action Items

  • Our team will document the meeting outcome and provide you with a summary for your records.
  • Necessary documents which require your signature will be provided in person or electronically.
  • New accounts will be opened at our custodian. Old accounts will be closed following the transition.

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