Nicole Sennett’s Values and Investment Process

After working hard to grow your wealth, you can make it work for you by enlisting the support of a trusted financial advisor. But first, you need to find an advisor who understands your unique financial needs and goals.

Renowned for her commitment to personalized service, Nicole Sennett is an independent financial advisor and Chartered Retirement Planning Counselor (CRPC®) with over 15 years of experience. She’s built a career helping pre-retirees, retirees, and high-net-worth individuals craft tailored investment strategies that support a prosperous retirement.

In this article, we’ll outline Nicole’s core values and explain how they shape her wealth management strategies. After that, we’ll review Nicole’s four-step investment process so you can determine if she’s the right financial advisor for you.

Nicole Sennett’s Core Values

Every financial advisor has a unique approach to wealth management. Nicole’s approach centers around her core values of personalized service, transparent communication, and holistic collaboration.

Let’s take a closer look at each of these core values:

#1 Personalized Service

Nicole understands that there’s no one-size-fits-all solution in wealth management. Thus, personalization is at the heart of her practice. From the very first consultation, Nicole pays close attention to her clients’ needs, goals, and risk tolerances.

“If there’s one thing I’ve learned over my 15 years of wealth management, it’s that no two clients are the same,” Nicole said. “That’s why I take great care to understand what matters most to my clients from the start, whether that’s securing a comfortable retirement, leaving a legacy for their children, or achieving specific financial milestones.”

Nicole begins her consultations by helping clients define their goals and gain clarity on their current financial situation. After that, she crafts personalized investment strategies that align with their objectives, integrating expert retirement planning, tax optimization, estate planning, and legacy building.

Nicole also understands that clients’ needs can change over time. By maintaining regular communication with her clients, she enacts prompt adjustments to accommodate their evolving financial needs and priorities.

#2 Transparent Communication

Early on in her career, Nicole learned that clients value timely portfolio updates just as much as sound financial advice. Thus, she prioritizes transparent communication during every step of her investment process.

Regardless of the market’s direction, Nicole regularly reaches out to her clients to fill them in on their portfolio’s performance and explain any notable economic changes. She also uses this time to see if any adjustments need to be made to their asset allocations. This proactive, attentive communication helps her clients feel secure and informed.

Nicole’s dedication to transparency stems back to a statement a client made early on in her career. “I don’t like to see surprises in my financial statements,” they said. This statement has stuck with Nicole ever since, fueling her commitment to clear communication.

Read More: Nicole Sennett Discusses Why You Should Freeze Your Credit in 2024

#3 Holistic Wealth Management

Nicole’s wealth management philosophy extends beyond investments. She believes in offering her clients a comprehensive suite of services, including:

• Retirement planning
• Tax optimization
• Estate preservation
• Multi-generational wealth transfer
• Debt management

Nicole also works closely with her clients’ certified public accountants (CPAs), attorneys, and other trusted professionals. Through careful coordination, she expertly ensures her clients’ financial plans support their goals and maximize their wealth potential.

Additionally, Nicole has access to institutional managers through her Registered Investment Advisor (RIA), Alden Investment Group. These investment experts collaborate with Nicole to construct strategic portfolios designed to optimize her clients’ returns, minimize their tax liabilities, and protect them from significant drawdowns during retirement.

Nicole also regularly consults with her investment committee, which rigorously evaluates various money managers’ performance and risk management practices to ensure the best outcomes for her clients. These managers employ a range of investment strategies, including equities, mutual funds, bonds, ETFs, and more.

Read More: The Bond Curve is No Longer Inverted—Learn if Your Bond Ladder is Ready with Nicole Sennett

Thanks to Nicole’s holistic, collaborative approach, her clients benefit from a broader range of expertise than what an individual advisor could provide on their own.

Nicole Sennett’s Four-Step Investment Process

Now that you know Nicole’s core values, you may be wondering what working with her looks like. Her investment process is broken down into these four essential steps:

#1 Understanding: Gaining Clarity on Your Goals

The first step in Nicole’s investment process is to gain a thorough understanding of where you stand financially and what you want to achieve. During this stage, she’ll conduct a comprehensive overview of your current financial situation, taking a close look at your:

• Assets
• Liabilities
• Income sources
• Existing investment strategies

Next, Nicole will ask about your short-term goals, long-term objectives, and primary motivations for enlisting her services. By having these open discussions early on, Nicole can help you define your financial priorities and craft a clear vision for your financial future.

“During initial consultations, I want to narrow down what’s most important to my clients, whether that’s ensuring a comfortable retirement, supporting a growing family, or preserving wealth for future generations,” explained Nicole. “This way, I can support my clients emotionally and financially as they pursue their long-term goals.”

#2 Design: Crafting a Tailored Plan for Your Needs

Once Nicole has an in-depth understanding of your goals, she’ll move into the design phase, where she develops a customized wealth management plan that’s tailored to your risk tolerance, investment preferences, income requirements, and long-term objectives.

In this phase, Nicole evaluates potential tax strategies, calculates retirement projections, and reviews estate planning considerations. If you’re a retiree or pre-retiree, she can create a comprehensive retirement blueprint that focuses on stability as you move from the accumulation phase to the distribution phase.

“During the accumulation phase, many clients focus on maximizing returns. However, when the time comes for them to finally retire, we must shift the focus to minimizing taxes and ensuring their assets last throughout retirement,” explained Nicole. “That’s why I place such an emphasis on tax planning and drawdown strategies during my design process.”

#3 Implementation: Putting Your Personalized Plan Into Action

After crafting your custom wealth management plan, Nicole will implement it with her team. She’ll carefully consider potential investments, whether you want to focus on traditional stocks and bonds or explore alternative strategies, such as hedge funds, real estate, or private equity. Your preferences, risk tolerance, and long-term goals will be at the forefront of every investment decision.

Once your custom wealth management plan is in place, Nicole and her team will take care of all the details. “We handle all the paperwork, select the investments, and ensure the portfolio is properly structured to meet the client’s needs,” she explained.

Risk management is another key component of Nicole’s implementation phase. She employs robust measures to manage your portfolio’s risk, ensure proper diversification, and optimize its tax efficiency, whether that involves adding institutional managers or incorporating alternative investments.

#4 Management: Ongoing Monitoring and Modifications

After implementing your plan, Nicole’s work doesn’t stop there – she’ll continually monitor your portfolio’s performance to ensure it remains aligned with your goals. For example, she may make adjustments during market fluctuations or major life milestones.

“We monitor our clients’ progress regularly to make sure their investments stay on track,” said Nicole. “If anything changes, whether that’s a shift in market conditions or a change in a client’s personal circumstances, we’re ready to make prompt adjustments.”

Throughout this process, you can expect transparent communication and timely updates from Nicole. In turn, you’ll never be caught off guard by unexpected changes in your monthly statements.

Read More: Nicole Sennett Discusses the Importance of Staying Invested: How the Best 5 Days of the Year Can Impact Your Portfolio

Why Choose Nicole Sennett?

If you like the sounds of Nicole’s investment process, you may want to learn more about her experience and accolades. Nicole’s deep commitment to client service originates from her days at Merrill Lynch, where she learned the importance of proactive communication.

In her current role as an independent advisor, Nicole’s personalized approach has garnered her recognition in the industry. She made the Forbes’ Top Women Wealth Advisors list and the Working Mother and Shook Research’s Top Wealth Advisor Moms list in 2020.

Nicole’s dedication to building lasting relationships with her clients has also earned her a reputation as a trusted, dependable advisor. Her clients know they can rely on her to guide them through every stage of their financial journey toward long-term success. By joining their ranks, you can enjoy the same dedicated support and confidence in achieving your desired retirement outcomes.

Schedule Your Consultation With Nicole Sennett

If you’re ready to build a prosperous future, you need a trusted financial advisor by your side. Thanks to Nicole Sennett’s personalized service, transparent communication, and holistic approach, she’s an invaluable partner for anyone seeking long-term financial security.

By combining time-tested investment strategies with a focus on tax optimization and estate planning, Nicole can help you navigate complex financial landscapes with confidence.

Ready to craft a financial plan that’s tailored to your unique needs? Schedule your consultation with Nicole Sennett today.

Sources:

Forbes. Nicole Sennett.
https://www.forbes.com/profile/nicole-sennett/

Working Mother. Top Wealth Advisor Moms 2020. 
https://static.twentyoverten.com/5f06119daad58d5ae2b8e3d6/wAO5T8IRIf/Top-Wealth-Advisor-Moms-2020.pdf