What You Need to Know About Financial Planning
As a client, a comprehensive financial planning approach provides a collaborative, one-on-one relationship with our Financial Planning Team to make the most of what you have. We will work with you to identify and prioritize your financial goals and offer guidance and strategies specific to your individual needs. You will feel confident and empowered in your plan to preserve your wealth, enjoy your retirement, and leave a legacy.
An essential part of our approach involves a true partnership with ongoing support and advice as markets move, retirement rules change, life circumstances shift, and financial goals evolve.
Our team will guide you in making informed decisions about your finances, focusing on the six areas of financial planning, all of which have an equal impact on a sound financial plan. We will also work with you as you experience life’s many transitions, some of which we touch on below.
Financial Position
Analysis of your financial position to develop a better understanding of where you are right now and where you would like to go. This will help you determine if you’re making the best choices when it comes to cash reserves and debt management and whether your income, expenses and savings are balanced and appropriate for meeting your goals. This gives us a solid starting point in developing a thoughtful plan.
What’s my financial position?
Risk Management
Assessment of the defensive piece of your financial plan to help find ways to protect your family's income and assets over time. We develop strategies to plan for the unexpected and manage risk of all types in order to preserve your wealth and defend your plan.
What’s my risk?
Wealth Management
Our team will design a thoughtful and strategic plan to help you manage your wealth, taking into consideration your intentions, values, and tolerance for risk. Your wealth is not just about your investment assets but the entirety of your resources. We create strategies to achieve long term goals while taking into consideration the impact of associated risks that may be present at different times.
Determine my wealth strategy.
Tax Planning
Frequently missed or overlooked, this is an area that can make a significant difference over the long term if properly addressed, sometimes leading to millions of dollars difference for you or your legacy. We provide guidance to decrease, eliminate, or defer taxes, both in the short term and long term, and address tax law changes proactively.
What’s my tax plan?
Retirement Planning
The ultimate dream is the freedom of choosing when, how, and where we retire. By saving with purpose and direction, the closer we can get to that dream. For those who are near or in retirement, we can help protect your wealth with a fully developed distribution planning approach that addresses taxation, risk, and much more.
Start working on my retirement plan.
Estate Planning
Estate planning can be very personal, and we are sure to address this critical piece of financial planning with an individualized approach. Proper estate planning can help you create a legacy for your family and the causes that are important to you.
