A Comprehensive Financial Planning Partnership
For this engagement we’ll work together in an ongoing collaborative partnership to bring clarity and certainty to the financial planning goals and concerns you may have. We’ll get to know what you’re trying to accomplish, what makes you tick, and what your concerns are.
After determining where you are trying to go, we analyze all areas of your financial house to identify any deficiencies or areas for optimization that would put you on a better path.
During this engagement we will analyze and look to provide recommendations in the following areas:
- Retirement Income Planning
- Cash Flow
- Estate Planning
- Income Tax Planning
- College & Education Planning (if applicable)
- “One-Offs” (specific goals like purchasing a second home, etc.)
- Benefits Planning (employer provided benefits)
- Medicare (if applicable)
- Social Security (if applicable)
- Risk Management a.k.a. insurances (life, disability, long-term care, home, and auto)
- Stress Testing – for the “what if’s” that can happen such as poor market conditions, high inflation, premature death, disability, a long-term care event, varying rates of return, etc.
At the end of the engagement, you’re provided with a detailed report of the supporting work behind our recommendations, and a summary of action items for you to implement. We can provide guided plan implementation and regular reviews of your progress where we’ll determine if any planning changes need to be made.
This is a fee-based engagement with the fee being determined by your particular set of circumstances and the amount of planning work involved.
Financial Planning “Light” Partnership
If you don’t need assistance with all that’s covered in the comprehensive financial planning partnership, but you do need help with some, a financial planning “light” partnership may be a better fit. In this engagement, we’ll work with you in a collaborative partnership to address a few of the core areas that you need help with.
With this engagement, you are provided with a detailed report of the analysis supporting any recommendations, and a summary of the actionable items based on those recommendations.
Investment Advisory and Wealth Management
In this engagement we provide the ongoing oversight and management of your investment portfolios that allow for us to do so, typically those outside of your employer provided retirement plan.
We perform a deep dive analysis of any existing investment portfolios you might have to determine whether your investments are aligned with your risk tolerance, investment objectives, and time horizon. We’ll also evaluate whether your investments are best positioned for current economic and market conditions.
We’ll make recommendations around proposed investment changes and work with you to implement an investment portfolio or portfolios that are right for you. We’ll provide ongoing oversight of all portfolios. We perform a deep dive review of our designed portfolios every few months to determine if any investment changes need to be made. With the technology, tools, and data we have available we’re also able to regularly monitor the underlying investments that make up our portfolios to determine if any immediate changes need to be made based on circumstances that may arise.
There is a fee for service in this engagement that is billed directly to your investment portfolio/s that we manage. The fee level is dependent on the asset level with fees reducing at various break points as asset levels grow. This service can be added to either or our financial planning engagement offerings.