Financial Planning
Many individuals consider financial planning to be general savings and investing advice. While how to save (and how much!), and where and when to invest those savings, is every bit important, sensible Financial Planning goes much beyond the realm of just saving and investing. The sooner you understand the role of financial planning in meeting your short and long-term financial aspirations, the better you’ll be able to control your financial future. A well-grounded financial plan is essential for everyone.
Retirement/Income Planning
For our clients, retirement planning doesn’t start at retirement. It starts much earlier! Our Retirement Planning service takes a long-term view of your financial wellbeing. We use a life-cycle approach to ensure your “Life after work” is as well-planned as your life prior to retirement. Everything we do for you centers around four pillars - Helping you plan to achieve your financial goals prior to retirement; Helping you transition assets to produce income during retirement; Putting plans in place to safeguard your Nest Egg and yourself against potential catastrophes; Planning for your legacy.
Investment Planning
Whether you have a few thousand or millions of dollars to invest, simply taking the time to decide where to “park” the money until you need it can be a rewarding exercise. How your money grows, what you pay for that growth, and the ease and comfort with which you “journey” towards reaping the rewards of your investments, are all important aspects of a good investment plan. In the absence of such a plan, you may not reach the financial goals you’re striving for. Investing is about more than just making money – it’s also about helping you go from point A to point B with the least amount of risk needed.
This is what we do
Estate Planning
Effective estate planning aims to ensure that your estate is handled according to your wishes. We work with specialists that can help you create your will, designate Power of Attorney and reduce potential taxes left to your heirs. By creating your plan early, you can relax knowing that the people you care about are taken care of.
Risk Management
Thoughtful Risk Management gives you the ability to withstand or recover from unforeseen adverse events. This can include anything from an unexpected job loss to a natural disaster. We’re here to advise and guide you on which plans make the best sense for you and your family.
Life Insurance
Good planning helps you identify and plan for all risks involved in every aspect of your financial life. If you have people that depend upon you being around for many years to come, like your spouse/partner, minor children, or aged parents, we’ll advise on what life insurance policies best protect your family’s future.
Long-term care
You may be in the best of health now, but illness has a way of sneaking up on the fittest amongst us. Let us help you determine if you need to insure against a critical illness and, if so, under what terms.
Disability
We all like to think that we're careful, but accidents and illnesses can happen to anyone at any time. They can leave you severely disabled and financially burdened. Let us help you insure and protect yourself against unexpected events.
Cash Management
We'll make sure your money is where it needs to be, when you need it - so you can focus on what's important to you. We help our clients set up banking relationships and coordinate the set-up process (credit cards, checking, savings), obtain mortgages, line of credit and automate bank sweeps to savings, bill payments and distributions.
Tax Minimization Strategies
Should you invest with pre-tax dollars, or post-tax income? How should you invest, and in what types of vehicles? Your answers can make a significant difference to the taxes you pay. We’ll help devise tax planning strategies that potentially reduce taxes, increase tax refunds and guide you to increase tax-friendly investment returns.
We’ll also plan for the types of income that you might receive: Dividends, Interest, Annuity payments, Capital Gains, Inheritance, Employer or Government benefits. While all of these are potential income streams in retirement and before, each has different tax implications. We can help you foresee impacts on your future net wealth.
College Planning
College is an investment. And like any investment, it requires careful planning to ensure that you get the most out of your hard earned money. Our Educational Planning experts will help you put tax-advantaged strategies in place that are in accordance with a myriad of Federal and State laws.
Our Educational Planning experts will help you make sense of some of those ESAs, including: 529 plans, Prepaid Tuition Plans and Educational Savings Plans (ESP), Coverdell Education Savings Accounts (ESA). Some might not be deductible while others are income-tested. Which are right for you? We’ll help you decide which are ideal for your needs.
Need help with something else?
If you have any other financial needs that we haven't mentioned, don't worry! We have access to a network of professionals who can help with just about anything. From family law to prenup agreements, or even purchasing a home, contact us to see how we can help.
