Design Your Financial Future with The Bucket Plan®: Step 2

The Bucket Plan® On-Demand Podcast

Simplify Your Financial Planning Process with The Bucket Plan®: Step 2, Design

In This Episode

About the episode:

Join our hosts Jason L Smith, Dave Alison, and guest Bryan Bibbo, AIF, NSSA, BPC, President and CFO of JL Smith Holistic Wealth Management, as they continue their discussion on The Bucket Plan® holistic wealth management process.

Building on the foundation established in the discovery phase, step two, ‘design,’ focuses on creating and implementing personalized financial plans for your clients.

Key Points Discussed:

The Design Phase: An in-depth look at organizing client information, analyzing current financial positions, and educating clients on key concepts.
Family Estate Organizer: How this tool helps organize crucial documents and provides peace of mind for families.
Volatility Tolerance Analysis: A unique approach to assessing risk tolerance for different “buckets” of money separately.
The Bucket Plan® Framework: Detailed explanation of the Now, Soon, and Later bucket concept and how it’s tailored to each client’s needs.
Pyramid of Risk: Educating clients on various investment options and understanding their past experiences with different asset classes.
Financial Modeling: Using software to analyze different scenarios and optimize recommendations.

Learn how to create comprehensive, personalized financial plans using The Bucket Plan® methodology, and discover strategies for effective plan implementation and long-term client relationships.

Resources:

Previous Episode
Book Referenced: The Bucket Plan®: Protecting and Growing Your Assets for a Worry-Free Retirement
Training Referenced: The Bucket Plan® 1.0

About the Hosts:

Jason L Smith is a father, husband, nationally acclaimed speaker, financial planner, best-selling author, coach, and entrepreneur dedicated to simplifying financial planning for families worldwide and supporting advisors everywhere. He is the Founder and CEO of C2P, as well as his own financial services practice, JL Smith Holistic Wealth Management. Jason’s passion and expertise lie in all aspects of holistic financial planning, further evidenced by being Founder and CEO of Prosperity Capital Advisors, a nationally recognized planning-first RIA. As a skilled leader in the financial services industry, Jason truly enjoys helping advisors secure and scale their businesses and better serve clients through C2P’s trusted processes and models.

Dave Alison is an accomplished financial planner and business leader committed to helping advisors expand their reach and improve the quality of their service to clients. In addition to being the President and a Founding Partner of C2P and the Founder and CEO of Alison Wealth Management — his own financial services firm — he is also the President and Founding Partner of Prosperity Capital Advisors, an acclaimed planning-first RIA. Dave leverages his expertise in all things financial planning, particularly taxes and solutions for high-net-worth clients, to educate financial professionals on best practices and ways to raise the bar in their own practices. Wealth Management, his own financial services firm.

About the Guest:

Bryan Bibbo, AIF, NSSA, BPC, serves as President, CFO, and Lead Advisor at JL Smith Holistic Wealth Management, focusing on retirement planning, estate, and financial income planning. Since 2015, he has provided financial education and retirement planning strategies to residents in Northeast Ohio. His client base includes successful professionals, business owners, and retirees seeking to develop financial strategies for wealth optimization and securing a reliable income source during retirement. Bryan is committed to ensuring his clients’ financial plans are both comprehensive and adaptable, allowing for peace of mind regarding their financial futures.
He holds various professional licenses and designations, including Life and Health Insurance, Series 65, and the Annual Filing Season Program (AFSP) with the Internal Revenue Service. His specialized designations include National Social Security Advisor, Accredited Investment Fiduciary, and Bucket Plan Certified®. Bryan advocates for a holistic retirement plan that addresses key areas such as withdrawals, taxes, risk tolerance, long-term care mitigation, and inflation, emphasizing the importance of flexibility to adjust plans according to changes in laws, taxes, and the economy.