Many people today are too busy keeping up with the changes in their own specialized areas to remain current with the ever-changing financial services industry. To prepare a financial plan with the same attention to detail as that of a professional advisor would just take too much time and research. This could be time away from your personal life, occupation, business or civic responsibilities.
With your financial situation being monitored by a financial advisor, your time and attention can be focused on effective management of your professional life and pursuing your personal interests.
Financial Goal Planning
Creating customized and elaborate projections with objectives, savings requirements and current financial position; assistance with account establishment and evaluating savings avenues; contribution recommendations with monitoring; and assistance maximizing employee benefits
Conducting needs analysis for life, disability, long term care, auto, homeowners, and umbrella insurances; assistance utilizing Health Savings Accounts (HSA) and/or Flexible Savings Accounts (FSA); and offering employee benefits package review
Offering account funding options and recommendations; expense and savings projections to reach goals; and allocation recommendations
Crafting personalized allocation and asset selection based on agreed-upon risk tolerance, designated investment objectives, taxes, time horizon, current regulatory environments and any other unique circumstances; implementing recommendations; rebalancing recommendations; and employer-sponsored plan asset allocation assistance
Focusing on appropriate debt reduction; budgeting; cash inflow and outflow analysis; retirement cash optimization; and generating net worth statements.
Real Estate planning
Assistance with timing for sales and purchases; financing and refinancing options; mortgage and Home Equity Line of Credit (HELOC) options; analyzing income tax consequences; and providing relocation tax advice
Income tax planning
Preparing income tax projections; capital gain treatment and tax loss harvesting; abating income tax penalties; tax consequences in regard to rental income treatment, business owner income, and education funding benefits; and exploring tax credit possibilities
Optimizing wealth transfers to heirs and/or charities; limiting estate tax liabilities; trust funding assistance; educating on types of estate documents with selection recommendations; estate administration assistance; and providing options for probate avoidance
Small business planning
Assistance in understanding the potential legal structures for the business; educating on qualified plan options and other fringe benefits; educating on the assumption of risk; and succession plan assistance