Beginning with our First Conversation, we take your complex questions and goals to frame your Financial Picture. Together, we create dynamic solutions allowing your unique financial puzzle to take shape.
Fee-Based Investment Management
Fee-based investment management consists of developing and managing a customized investment portfolio based on many factors, including a client’s risk tolerance, goals, objectives, and age. Our team emphasizes proper asset allocation through careful analysis of a client’s portfolio to ensure proper diversification without excess stock overlap. We do not sell proprietary products, but rather, as independent advisors, select investments and money managers based on several objective factors, including historical returns, risk, manager tenure, tax efficiency, and style. Additionally, if applicable, individual bonds are carefully selected and purchased in client accounts.
Financial planning involves services and strategies that will likely include the creation, expansion, and preservation of your wealth. Areas covered include retirement planning, education funding, investment allocation, and cash flow planning.
Estate planning entails distributing, as you desire, the property that you have accumulated throughout a lifetime while minimizing the estate’s erosion from taxes and expenses. Your goals may include gifting, providing for your surviving family, or supporting the work of charitable causes. Estate planning strategies, such as will and trust planning, property titling, gifting techniques, the use of irrevocable insurance trusts, charitable trusts, family limited partnerships, GRATs, and so on, are used to implement an estate plan.
Risk Management/Insurance Planning
Risk management is a critical component of wealth management. A good insurance strategy will be well-coordinated with your overall plans for business, investments, taxation, estate, and retirement. We will evaluate your life, health, long term care, and disability insurance policies and assess that your policies are 1) serving their intended purpose, 2) still competitive in today’s pricing environment, and 3) set up properly to maximize what your heirs receive while minimizing taxes. We will also explore, if appropriate, cutting-edge strategies utilizing insurance as a tax-effective method to fund estate costs, transfer qualified plan money free of taxes, or maximize gifting to minimize taxation.
Benefits planning is an important element of your financial plan. Proper benefits can enhance your retirement and the financial security of you and your family. We provide assistance with all types of qualified plans (solo(k), 401(k), 403(b), profit sharing, money purchase pension, SEP-IRA, SIMPLE IRA), nonqualified plans (deferred compensation, stock options), and insurance plans (health, disability, life, long-term care).
We will work with you to ensure your charitable giving is done in the most tax efficient manner. We will strive to maximize the amount the charity receives while minimizing your taxes. We will explore various charitable giving strategies including Qualified Charitable Distributions, Donor Advised Funds, donating appreciated securities and charitable trusts. Planning Your Charitable Giving for 2019