FINANCIAL NEEDS ANALYSIS
A Financial Needs Analysis (FNA) is a structured review of your current financial situation, existing protection, savings and investments, financial obligations, and future goals.
It helps organize key information in one place so that potential financial needs, gaps and priorities can be identified before discussing suitable financial solutions.
An FNA is a needs-assessment and fact-finding process designed to support informed financial-product discussions based on your individual circumstances.
WHAT DOES A FINANCIAL NEEDS ANALYSIS REVIEW?
An FNA begins with an overview of your household, including family circumstances, employment or business situation, income sources and key financial information.
✓ Income & Monthly Expenses
✓ Savings & Investments
✓ Real Estate & Mortgage Obligations
✓ Existing Insurance Coverage
✓ Short-, Medium- & Long-Term Goals
✓ Retirement Objectives
✓ Debt & Emergency Fund Priorities
✓ Risk Tolerance
WHY COMPLETE A FINANCIAL NEEDS ANALYSIS?
A FNA can help organize your income, obligations, savings, investments, insurance coverage and financial priorities in one place. It supports a needs-based discussion, helping the advisor focus first on your circumstances, goals and existing coverage before considering specific insurance or investment solutions.
