~ Risk Assessment Process ~
The Boulevard Basic Assessments are designed to provide you with a basic understanding of the risks facing your financial life, and are available to anyone without a fee. Advanced Assessments are available only to clients of Boulevard, and are designed to inform our 3 primary service offerings. These advanced assessments are based upon each phase of the Life Cycle of Wealthâ„¢. Depending upon your situation, any combination of the assessments may be necessary to completely address your risk management picture.
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​Phase One – Prepare
This advanced assessment identifies the fundamental risks involved in your financial life. In particular, morbidity, mortality, cash flow, and market risk are all tested. Special attention is given to existing insurances and aggregate portfolio risk.
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​Phase Two – Produce​
This advanced assessment identifies the risk associated with your retirement funding, and your overall tax considerations. If you are a
business owner, special consideration is given to the risks inherent in business ownership based upon entity type, structure, other
partners, and benefit programs. Particular attention is given to the expected length of your life in Phase 2, risk-adjusted return
expectations, and inflation risk.
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Phase Three – Prosper
This advanced assessment identifies the risk associated with your income strategy and the related tax considerations. If you are a business owner, it will also detail business succession scenarios. Special attention is given to the expected length of your life in Phase 3 and 4, risk-adjusted return expectations, inflation risk, and longevity risk.
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Phase Four - Preserve
This advanced assessment identifies the risk associated with your estate strategy and your family structure, health, and relationship
dynamics. If you are a business owner, it will also detail business succession risks and opportunities. Special attention is given to
the expected length of your life in Phase 3 and Phase 4, in addition to tax risk and estate distribution risk.