Investments

Brokerage Accounts1, Mutual Funds1, IRA’s (Traditional, ROTH, Education, Rollover IRA), College Education Funding, Asset Allocation1, Asset-Management Accounts1.

Insurance

Life Insurance (Whole Life, Term Life, Universal Life and Variable Universal Life1), Fixed and Variable Annuities1, Mortgage Protection Insurance (funded with Life Insurance or Disability Income Insurance), Long-Term Care and Disability Income Insurances.

Retirement / Estate Strategies

Needs Analysis, Pension Maximization, Estate Planning3 (Wills, Trusts, etc), Charitable Gifting3, Annuities (Fixed and Variable1), Rollover IRA’s, Wealth Management, Distribution Strategies (Required Minimum Distributions, 72-T Distributions, etc), Stretch IRA’s, and Personalized Financial Profile.

Business / Tax Strategies

Informative Financial Seminars, Qualified Retirement Plan Setup2 (401k, SIMPLE, SEP, etc), Cafeteria Plans (IRS Section 125) , Optional Benefits, Payroll Deduction, Group Life and Health Insurance, Corporate Owned Life Insurance, Deferred Compensation Plans, Employee Displacement Services (401k to IRA rollovers), CPA Relationships3 (Tax Returns, Tax Planning, etc), and Buy-Sell Agreements.

Objective Advice

Objective planning advice is provided on a flat fee or hourly fee basis and can address the following issues:

  • General PlanningNet worth statement; Cash flow analysis; Objective review of work benefits (pensions, insurance, 401(k), etc.) and all personal life and disability insurance policies.
  • Family Financial PlanningPersonal financial planning goals; to include college and private school funding structures; planning for elderly family members, disability/premature death and other financial situations.
  • Retirement PlanningAnalysis of current retirement position in conjunction with goals and objectives based upon desired retirement ages, rates of return, and cash flow efficiencies; restructuring of assets to support retirement needs; IRA required minimum distribution (RMD) planning; Education on Medicare, Medicaid and long term care.
  • Business Owner & Executive PlanningBusiness owner succession planning; executive bonus compensation planning; buy-sell agreements; employee benefits review, key-employee strategies, etc.
  • Investment PlanningReview of all current investments and their corresponding benchmarked results against their peers and overall volatility; review of your asset allocation; education on your choices for investment types, account options and their expenses.
  • Estate PlanningProperty ownership alternatives; estate tax reduction techniques; qualified plan distribution; family gifting; charitable planning; inherited IRA; overall wealth transfer strategies.

Customized Plans

Customized financial planning addressing your specific situation, issues, and concerns. The plan may include the following meetings:

  • Initial Meeting (1-2 hours): Introduction of client’s current financial situation and objectives (goals, worries, wants vs. needs, etc.). Explanation of how we can assist them in evaluating and managing their financial assets. The areas that will be discussed are the clients’ personal net worth, income, and any complexities in their planning situation to determine a fee structure that is best suited to their needs.
  • Discovery Meeting (1-2 hours): Clients return with their cash flow information and all original documents for us to copy and retain for the planning process. We will discuss their current financial situation in more depth and learn what their goals and concerns are for our planning design.
  • Draft Plan Meeting (2-3 hours): We present a draft of the plan to the client and use this as an opportunity to verify the information used is accurate and to determine whether or not adjustments are needed. We will present our observations of the current client scenario with adjoining recommendations. The emphasis of this meeting is to educate the client on their current financial situation and illustrate the choices they may have for the future to assist them in making informed decisions regarding their financial goals.
  • Final Plan & Implementation Meeting (1-3 hours): After implementation is completed, we update their current situation to reflect recommendations that have been utilized. At this point, the client receives their bound, final plan for the current year.