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At Legacy Capital Group California, we compare managing one's personal
finances to running a company. To run a company effectively, you
need: trusted Officers, access to real-time, accurate and easy-to-digest
data and the ability to make well-informed decisions. This is exactly
how LCGC works with its clients; we view the client as the CEO,
who is responsible for overseeing their personal "financial" business,
and ourselves as the CFO, who is responsible for providing you with
financial recommendations and explaining how each action will impact
your affairs.
LCGC is applying for the job of CFO of your "financial" business.
Because it is difficult, if not impossible, to make a long-term
hiring decision of this nature without seeing your prospective CFO
in action, we have structured an evaluation period designed to allow
you the opportunity to determine if you feel comfortable with our
skills and working style while also allowing us to become comfortable
with you - this process generally takes 4-6 meetings. The objective
is to create a well thought out strategic business plan along with
a set of recommendations as to how to tactically implement the plan.
You, the CEO, are charged a flat-fee to engage us in this evaluation
of your finances. We charge 50% of that fee up-front and 50% at
the completion of the process. If you feel our skills are not up
to par after completing the process, you have the right to decline
to pay the second half of our fee. Worst-case scenario is that you
are out half of the fee and some of your time. Best-case scenario
is that we have proven we are a competent CFO and you have gained
a trusted advisor with whom you want to have an ongoing relationship.
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