Home masthead

Experienced guides will
lead you on a disciplined journey.

Wealth Management Process

Having the right tools is important. Knowing how to use them is essential. The Envision® Process of Wells Fargo Advisors is a tested method to identify, define and achieve your goals. Combining goal-based advice with sophisticated statistical modeling, this unique process creates an effective, easy-to-understand method for you to prioritize and achieve important life goals.

  1. Getting Started

    1

    Discovery Process

    • Define major life goals, values, and special concerns
    • Discuss mutual fit
    • Collect pertinent documents
  2. 2

    Develop Envision Plan

    • Confirm discovery facts and figures
    • Analyze cash flow needs and timelines
    • Prioritize goals
    • Present recommendations
  3. 3

    Craft Investment Strategy

    • Develop asset allocation strategy
    • Analyze current investment portfolio
    • Determine risk tolerance
    • Build portfolio construction and asset migration plan
  4. 4

    Mutual Commitment Meeting

    • Present Envision plan
    • Review investment strategy
    • Create Envision plan of record
    • Commit to relationship
  5. 5

    Execute Investment Strategy

    • Open new accounts
    • Conduct trades to implement agreed-upon investment strategy
    • Transfer existing assets
  6. On Going

    6

    Follow-Up Meeting

    In-person meeting to discuss

    • Review of first statements
    • Setting up online account access
    • Organization of paperwork
    • Developing a schedule for future review meetings
  7. 7

    Address Wealth Management Needs

    • Liability management
    • Charitable giving
    • Risk management
    • Estate planning strategies
    • Education planning
  8. 8

    Monitor Wealth Management Plan

    • Envision progress (the "Dot'')
    • Ongoing reviews
    • New goals and priorities
    • Client education events
    • Performance reporting and benchmarking

IMPORTANT: The projections or other information generated by Envision® regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time. Envision methodology: Based on accepted statistical methods, the Envision tool uses a simulation model to test your ideal, Acceptable and Recommended Investment Plans. The simulation model uses assumptions about inflation, financial market returns and the relationships among these variables. These assumptions were derived from analysis of historical data. Using Monte Carlo simulation, the Envision tool simulates 1,00 different potential outcomes over a lifetime of investing varying historical risk, return, and correlation amongst the assets. Some of these scenarios will assume strong financial market returns, similar to the best periods of history for investors. Others will be similar to the worst periods in investing history. Most scenarios will fall somewhere in between. Elements of the Envision presentations and simulation results are under license from Wealthcare Capital Management LLC, © 2003-2018 Wealthcare Capital Management LLC. All Rights Reserved. Wealthcare Capital Management LLC is a separate entity and is not directly affiliated with Wells Fargo Advisors.