Episode 47: The 5 Elements Of a Well-Structured “Financial Plan”

"In this Advisor PACT™ Monthly Session, Mark McKenna Little dives deep into two cornerstone concepts: the Comprehensive Written Lifetime Financial Strategy™ and the Greatest Probability Strategy™ (GPS). He explains how these frameworks define the difference between “traditional financial planning” and Truly Comprehensive Financial Services™. Mark breaks down the structure of the Comprehensive Written Lifetime Financial Strategy™—a coordinated plan developed by five Subject Matter Experts (Tax, Estate, Insurance, Money Management, and Financial Planning)—and shows how it becomes the backbone for every Ideal Client relationship. He clarifies that this document is internal, while clients receive five concise Critical Reports™ summarizing their progress. He then introduces the GPS Report™, a dynamic, actionable roadmap updated before every client meeting, detailing the next steps to ensure lifelong alignment with financial goals. The session concludes with guidance on leading teams, compliance structuring, and implementing Truly Comprehensive Financial Services™ that consistently generate Spontaneous Unsolicited Client Referrals™."