Financial Planning

Put Our Proven Experience To Work For You!

Our Financial Planning Consultants have the technical skills, the industry knowledge, and the proven experience to promote the long-term financial well being of our clients. We will work closely with you to help you identify, manage and meet your goals and objectives so that you and your family may enjoy a secure financial future.

Goal Setting

Identifying and prioritizing personal financial goals is the first step in a successful financial plan. We help our clients answer questions such as “Are we prepared for a comfortable retirement? Can we afford a second home? Can we provide for our children’s or grandchildren’s educations? Are we spending too much?” and a multitude of other questions as diverse as our clients themselves. Then, we’ll consider your resources, risk profile and current lifestyle to develop a balanced and realistic plan to meet your goals, thereby maximizing your potential for financial security and success.

Investment Planning

Our Financial Planning Consultants will work with you and your advisors to develop a savings and investment strategy that maximizes your return on investments. We will review your current investment holdings including asset allocation, risk levels and performance, and how each investment fits into your overall portfolio.  Developing a savings and investing strategy that you’re comfortable with must take into consideration your acceptable level of risk and you personal tolerance for market volatility.  Based on your stated risk tolerance, long and short-term goals, tax considerations and the performance of your current investments, we may recommend repositioning investments to align your objectives and risk tolerance with your stated goals.

While only your accountant or attorney may provide tax or legal advice, we can work with your advisors to minimize taxable income, restructure investments with tax efficiency in mind, and develop strategies to secure and improve net income.  If necessary, we can also recommend professionals with whom we partner to provide advisement outside our areas of specific expertise.

Cash Flow Analysis

Cash flow and budgeting is an important step in reaching your goals. To optimize your net cash flow, relative to your financial goals and objectives, our cash flow analysis looks at the sources and current uses of both your expenses and income.  We will help you establish personal financial statements, a spending plan, and tax efficient strategies geared towards meeting you current and future objectives.

Survivorship Planning

Providing financial stability and continuity because of illness, injury, or death is paramount to achieving your short and long-term financial goals and objectives. We will identify general and potential risks that can negatively effect even the most carefully designed plan and how best to address and plan for those risks.

We will review and assess your insurance coverage, identify both current and potential liabilities, and discuss your needs and preferences.  We will work with licensed insurance professionals to determine whether you are adequately protected and recommend changes to the amount(s) and type(s) of coverage that are appropriate for you and your family.

Tax Planning

Effective Tax Planning is an important component of a properly-balanced financial plan. Proper planning can assist you in reducing the amount of taxes you pay as well as helping you reach your financial goals. Because tax laws are complex and frequently change, we monitor how updates and intricate rules might impact your personal situation.  We will work with you and your advisors to utilize all legal strategies available in order to minimize tax liabilities at both the federal and state levels.

Your financial planner can also identify life’s circumstances and events that can affect the amount of taxes you pay. They include: changing jobs, retirement, moving from being an employee to being self-employed or an independent contractor, getting married or divorced, selling or leasing property, selling a business, signing an oil lease, or taking a withdrawal from a retirement account.

Education Planning

For many of our clients, their most important investment is in their children’s futures by providing for their education. With tuition rates rising each year, having a solid, well-thought-out education plan should be a priority for everyone–no matter what the child’s age. With so many new college savings alternatives available it is critical to choose the one that’s appropriate for you, because selecting the wrong plan, or not investing properly within the right one, can prohibit you from maximizing your savings. However, our knowledgeable and professional planners can help you choose the right alternative, giving your child the opportunity for the bright future he or she deserves. We will work with you and your family to determine the necessary resources given your time frame and objectives.  We will also work with you in evaluating the various savings options available to you, including Uniform Transfer to Minors (UTMA) accounts, 529 investment plans and 2503(c) trusts. When the time comes to access your investments, we will be there to advise you which to access first. We can also work with your child to assist them with budgeting and managing their credit, so they may graduate with their own financial security.

Estate Planning

Estate planning can help you anticipate your future needs and pass on more of your wealth – wealth accumulated over decades of hard work and prudent saving and investing.  Proper planning can involve tax efficient strategies to reduce potential estate tax.  It can take into account the special concerns of young families with minor children, families with children or other dependents having special needs, or grandparents who might want to help their grandchildren go to college. And, it can involve preserving what you’ve spent a lifetime building by addressing the financial impact of long-term care and other estate-eroding expenses. We can help you to determine the best way to leave a legacy. We can review the current planning in place and help you use wills, trusts, and other advanced planning techniques to more efficiently distribute your wealth to family, charities, and others important to you.

Charitable Giving

Many of our clients are committed to giving to a variety of charitable endeavors, both in their communities and also throughout the world. These commitments are of great importance in their lives, and often that commitment extends to leaving an ongoing legacy. We assist clients in identifying their current and long term charitable goals. We examine their current assets and tax situation to identify how and when to give to the causes they support in the most optimal manner to both parties. The potential options include:

  • Gifts of appreciated assets
  • Charitable Trusts
  • Donor Advised Funds
  • Private Foundations

For long-term giving strategies we will integrate giving objectives with your overall financial and estate plans. In addition, we will advise in coordinating your gifts with the Gift and Planned Giving programs of your designated not for profit organizations.