Wealth Planning

We can create a comprehensive financial plan that encompasses your business, your family, and your legacy. Our advisory team is dedicated to creating financial plans to help advise and guide you on a path to financial success in the following areas: retirement, life transitions, and saving for college.

Wealth Planning

We can create a comprehensive financial plan that encompasses your business, your family, and your legacy. Our advisory team is dedicated to creating financial plans to help advise and guide you on a path to financial success in the following areas: retirement, life transitions, and saving for college.

Our Wealth Planning Services

Investment Planning

As part of our process, we work with you to discover your investment risk profile. This includes analyzing your current, overall asset allocation to ensure your portfolio matches your risk profile. We also review the mix of assets allocated between taxable and tax-deferred assets for better tax optimization. No portfolio assessment is complete without a “stress test” to determine how your portfolio performs under different market conditions. Your investment strategy is also coordinated within your estate, gift and philanthropic plans.

Income Tax Planning and Coordination

We identify tax planning opportunities by reviewing your prior-year tax returns to understand your historic tax situation. This allows us to prepare multi-year income tax projections, if necessary. We also review asset allocation opportunities for better tax optimization of your portfolio. Our tax planning includes coordinating further with any business entities you might control or have a taxable interest in, along with how these taxes fit within your estate plan. Our advisors then implement your overall tax strategies through a coordinated effort with your CPA and other financial advisors.

Core Lifestyle Planning

We take a personalized approach to developing your planning goals and objectives. Our team collects, organizes and reviews your important financial documents and related data. We then prepare a detailed net worth statement, including an inventory of your financial assets and liabilities. This is used to create a comprehensive lifestyle analysis which projects your after-tax cash flow from all sources for the current year through your life expectancy. We apply Monte Carlo simulations to assess the probability of successfully realizing your goals, and develop alternative scenarios, if applicable, to meet your goals and objectives.

Estate, Gift, And Philanthropic Planning

As part of preparing a wealth transition plan to ensure your legacy benefits future generations, we review and evaluate your existing wills, trusts, powers-of-attorney, and letters of instruction. This includes a review of your beneficiary designations and asset ownership. We document and diagram the flow of assets through your estate plan, including the cash flow available to your surviving spouse and/or heirs.

We will also provide you with an estimate of the estate tax due based on your current and projected net worth, and an assessment of the liquidity available to pay estate taxes and the capital needs of your survivors. We illustrate the impact of estimated estate taxes through potential planning strategies, including lifetime and testamentary dispositions, charitable planning, and generation skipping planning.

Risk Management and Insurance Planning

It’s crucial to protect your wealth from unforeseen loss, creditors, litigants and potential lawsuits. This is why our planning includes a comprehensive needs analysis to determine the adequacy and appropriateness of your currently in-force life, disability and long-term care policies, as well as your property and casualty insurance policies, including auto, homeowners, and umbrella liability coverage.

We then research, analyze and recommend alternate or additional coverage, when needed. Our advanced planning services include an assessment of effective legal structures you may be able to take advantage of to limit your exposure to creditors, as well as how those structures fit within your investment, tax and estate plans. We can also assist in determining the entity structure or entity formation and in the coordination with your legal counsel.

Looking to learn more?

GET IN TOUCH TODAY

Looking to learn more?

GET IN TOUCH TODAY