Services essential to your financial life

One of the most important parts of your financial life is planning for your retirement. We believe in planning as far ahead of time as possible. This analysis may include projections to determine if you will be able to live within the same lifestyle as prior to retirement or at what age it is most likely you will be able to retire. There are many variables associated with retirement planning since it can span 40 years or more depending upon when you begin the process and your life span. This is why setting up a plan is just the first step. It is equally important to continue monitoring the plan and implementing changes due to the inevitable changes in life events. Whether you are close to or at retirement, an analysis of your net assets, income and expenditure patterns needs to be reviewed and analyzed. Revisions to your retirement plan may need to be made to keep pace with a constantly changing environment.

We believe the first step in developing a good investment portfolio is developing an asset allocation, which will be based upon several factors, including risk tolerances and time horizon to reach certain goals and objectives. There are many options available to you as an investor, and we believe in analyzing what is best suited for your particular circumstances, which may include mutual funds, ETFs, equities, bonds, options, annuities, etc. Once we have determined the best selections, we will continue to analyze and monitor your investments, and to systematically rebalance your portfolio, when appropriate, to make sure that they remain effective and timely to meet your original or revised goals and objectives.

Asset allocation does not ensure a profit nor protect against loss.

One of the most difficult areas upon which to focus attention during the financial planning process is trying to prepare for the unthinkable, "What will happen when I pass away?" Estate planning is a process involving the counsel of professional advisors who are familiar with your goals and concerns, your assets and how they are owned, and your family structure. It can involve the services of a variety of professionals, including your attorney, accountant and financial planner. Estate planning covers the transfer of property at death, as well as a variety of other personal matters, and may or may not involve tax planning. The core document most often associated with this process is your will.

The first and most important idea to keep in mind is that planning ahead provides a simpler transition during a very difficult time for your family. Also you may need to provide for any financial shortfall created by an untimely passing. If you pass later in life, most likely your children will be grown and it is likely that, except for possible provision for estate taxes, you have achieved financial stability to provide for your spouse. However, if you have young children or are the sole provider of household income, consideration must be given to income replacement. Regardless of age it is also important to be sure that your estate will be distributed according to your wishes while minimizing any expensive estate tax liability.

Estate planning is not just for the young or old or just for the very wealthy, it is for anyone with planning needs. Estate planning is not a one-time occurrence, but is a process that over time may have to be adjusted to account for changes in federal and state laws and changes in personal circumstances. Our services include financial planning, which encompasses insurance needs, investment advice and planning for income and estate taxes. We do not prepare tax returns, nor do we provide legal advice or draft documents – services that are provided by a qualified estate planning attorney.

We employ a disciplined and coordinated approach to address all the issues and complexities that often accompany the accumulation of wealth. It is customized to your needs and preferences, and designed to bring cohesiveness to your financial life. It often involves collaboration with other professionals such as your CPA and attorney.

Components of wealth management can include:

• Financial planning
• Investment management
• Asset allocation
• Estate planning
• Trust services
• Retirement planning
• Risk management
• Tax mitigation
• Insurance planning
• Business succession planning
• Multigenerational planning
• Wealth transfer
• Charitable giving strategies

You have many things to plan for now, soon and well into the future, so we look at financial planning through a wide lens, and we develop strategies designed to align with both near- and long-term goals.

Our comprehensive financial planning services include:

• Net-worth analysis
• Cash flow planning
• Strategic asset allocation
• Retirement planning
  • Traditional IRAs
  • Roth IRAs
  • Qualified retirement plans
  • Company retirement plan rollovers
• Education planning
  • Education savings accounts
  • 529 college savings plans
  • Custodial accounts
• Trust and estate planning
• Insurance and annuities
• Liquidity and cash flow strategies
• Tax mitigation and liability management

If your goals include providing for the future of a child or grandchild, we can help you investigate your many options and develop an education funding strategy. We can help you provide for this opportunity with investment vehicles such as Coverdell education savings accounts, 529 college savings accounts and specialized trust vehicles.