What to Expect as a New McLean Client, Part 3: Monitoring & Adjusting

What to Expect as a New McLean Client, Part 3

The following is an excerpt from our ebook, “What to Expect as a New McLean Asset Management Client,” which you can download by clicking here.

Organizing and investing your finances is not a set-it-and-forget-it ordeal. It is a team effort. It requires an ongoing relationship between you and your financial advisor and our entire McLean team. We will always be at your disposal for any questions or issues you might have, and we’ll reach out to you to keep you informed in a few different ways.

What You Can Expect If Everything Is Going Perfectly (and When There Are Wrinkles)

An ongoing relationship doesn’t necessarily mean you review your portfolio on a set schedule. You should expect quarterly check-in calls and, at least twice a year, review meetings to assess your situation.

If there are issues, you can expect your financial advisor to contact you to address these with you. In such circumstances, communication may be more frequent.

Types of Communication You Can Expect (and the Goal Behind Them)

You can also expect regular communication that goes out to all clients, like quarterly portfolio reports, in addition to having online access to your performance reporting whenever you want.

Our clients and friends receive Occam’s Razor, our quarterly deep dive into some area of finance, plus emails that highlight what is going on with the firm as well as blog posts and webinars that might be interesting and insightful.

The goal behind all this communication is your comfort. It’s not enough for you to know what needs to be done. You should understand why and feel comfortable knowing you’re in good hands and bringing questions to your advisor anytime.

Beyond Quarterly Reports and Occasional Questions: Two Ways Your Advisor Keeps You on Track

But communication extends beyond quarterly reports and the occasional question. Our team will continuously monitor and re-evaluate your portfolio.

  • Your advisor will rerun your financial plan every night to ensure any problems are identified early on. The earlier a problem is identified, the smaller the tweaks to fix it. You don’t want to make drastic changes to your plan.
  • Your financial advisor will also periodically reassess your plan according to your needs. As time passes, your situation changes. As your goals change, some of the aspects of your portfolio — like the level of risk you’re taking — might no longer be appropriate for you. It’s important to periodically reassess your plan, because it doesn’t do anyone any good to monitor a plan that’s wrong for you.

The frequent communication serves one purpose: making sure your plan is always on track.

Working with an Advisor Is not a Passive Process

Your financial plan and investment portfolio reflect your financial needs throughout your entire life. Consequently, your financial needs are just as in flux as your life situation. The needs you have early in your career will be vastly different from the needs you have when raising a family, and those needs will be different from your needs during retirement.

As a result, hiring a financial advisor is something you should consider carefully. You want an advisor who will be able to help you navigate the winding, bumpy paths of life. At McLean Asset Management, we have the expertise and processes that will allow us to help you through whatever issues come your way.

Click here to download the rest of this ebook, “What to Expect as a New McLean Asset Management Client.”


McLean Asset Management Corporation (MAMC) is a SEC registered investment adviser. The content of this publication reflects the views of McLean Asset Management Corporation (MAMC) and sources deemed by MAMC to be reliable. There are many different interpretations of investment statistics and many different ideas about how to best use them. Past performance is not indicative of future performance. The information provided is for educational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy or sell securities. There are no warranties, expressed or implied, as to accuracy, completeness, or results obtained from any information on this presentation. Indexes are not available for direct investment. All investments involve risk.

The information throughout this presentation, whether stock quotes, charts, articles, or any other statements regarding market or other financial information, is obtained from sources which we, and our suppliers believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Neither our information providers nor we shall be liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness of, or for any delay or interruption in the transmission there of to the user. MAMC only transacts business in states where it is properly registered, or excluded or exempted from registration requirements. It does not provide tax, legal, or accounting advice. The information contained in this presentation does not take into account your particular investment objectives, financial situation, or needs, and you should, in considering this material, discuss your individual circumstances with professionals in those areas before making any decisions.