Our process includes a comprehensive review and analysis of your current financial situation, personal recommendations and an action plan to help you achieve your financial objectives.
Providing personalized education and advice that is in your best interest requires a full understanding of your unique financial situation. Our holistic planning process addresses all of the critical areas of your financial life. The road to your financial independence can be full of bumps. Proper navigation is essential in reaching your destination - a secure and well coordinated financial life.
We offer our three month comprehensive planning at a flat fee of $6,000 per household, payable in two installments. $3,000 is due upon signing of our consulting agreement, and the remaining $3,000 balance is due upon presentation of the plan.
We start with an evaluation of your current holdings, and the setting of your long-term goals. Asset allocation, risk and return measures, investment costs, risk capacity, risk tolerance, and the investment time horizon for your savings objectives are considered in detail.
We will review your overall risk management plan and review your life, disability, long-term care and liability insurance. Your insurance will be assessed from three distinct vantage points; adequacy of coverage, appropriateness of policies and cost effectiveness.
We will show you how effective estate management enables you to manage your affairs during your lifetime and control the distribution of your wealth after death. A titling and beneficiary designation review is one of the most important discussions that we will have. If this is wrong, your financial plan will be wrong. A proper estate plan will spell out your healthcare wishes and ensure that they are properly carried out. It can also designate someone to manage your financial affairs if you are unable to do so.
We will help you make the best social security claiming decision based on your unique circumstances. The Social Security Administration is prohibited from providing advice, which means that without a professional by your side, you are on your own. This is why 70% of Americans leave money on the table and don’t realize it.
We will help you navigate the transition from private health insurance to Medicare and Supplemental Plans. Our discussion will include talking about what Part A covers, what Part B covers, and what is NOT included with Part A and Part B. If you are covered under another personal private insurance plan, we will talk about when you should apply for coverage, and how Medicare works in conjunction with private insurance.
Tax planning is a vital part of nearly every aspect of wealth management. In many cases, taxes represent one of the biggest expenses we have. Structuring investments and personal transactions to minimize this expense is critically important in helping our clients achieve their goals and objectives.
This complementary meeting is usually conducted via video conference to learn more about you, your family, and your objectives and goals.
We will review the financial planning engagement letter that details your planning needs, our mutual responsibilities, and our fixed compensation agreement.
Trust. Honesty. Integrity. We believe values matter, and we live by ours every day.
4. Goal Setting
During our virtual meeting, we will review the accuracy of all of the information that has been accumulated. We will reestablish your goals and objectives, mutually define assumptions that need to be made and begin to create personalized scenarios.
In a final video call, you will gain a full understanding of your current financial situation and learn how to improve your plan to be in alignment with your objectives