Broker Check

Client Services – The Right Puzzle Pieces

Income Taxes

Objectives – Design an income tax plan to increase deductions and arrange your affairs so your taxes are as low as possible. There are two ways to reduce taxes; Reduce income, or Increase Deductions. 95% of Americans use no tax planning, yet income tax planning forms the foundation of any successful financial plan.

Cash Flow | Debt Planning

Objectives – Design a strategy that identifies potential savings in taxes, insurance premiums or unallocated income that can be redirected to your savings and investments. There are two ways to find out where your excess is going. Keep track of every penny or the ACH way. Start saving most of the surplus. In a couple months, you will know where it is going ... or better yet you won’t miss it and you will be that much closer to retirement.

College | Education Planning

Objectives – Structure an appropriate college strategy using UTMA, UGMA, 529 Plans, Education IRA’s and ROTH IRA’s for your children. The evaluation is based on the number of children, their ages, educational plans, school selection, possible scholarships and student loans that may be available, student earnings and family income.

Retirement Planning

Objectives – Design and implement a plan to avoid outliving your income during your retirement years. We calculate your total income, expenses and taxes during your stated life expectancy. The evaluation reveals potential issues that may cause you to outlive your income and helps you adjusts your working and savings strategy to select an appropriate retirement date and savings goal to reduce or eliminate the shortfall.

Protection Planning

Objectives – Design a strategy that provides for your needs and goals after your death. We fund two key areas: First, funding that covers Immediate Expenses. Second, we fund for the Loss of Income to your loved ones. We also fund three key periods: Until children are age 18, Until retirement of the surviving spouse, and During retirement of the surviving spouse.

Estate Planning

Objectives – Discover the most useful means of owning property. Simplify disposing of your estate in a manner that meets your objectives. Provide enough money to meet known and expected settlement expenses due to death. Preserve the assets you have worked hard to accumulate. Provide funds for education expenses and debt repayment. Provide a satisfactory income for your survivors. Reduce estate and income taxes, administrative expenses, executor’s fees and attorney fees.

Disability Planning

Objectives – Implement a disability income plan that pays a monthly benefit if you are unable to work because of an accident or illness. The practical and prudent alternative in dealing with disability is to transfer the risk to a disability insurance company. Other alternatives are: Build up sufficient personal savings. Borrow the funds from family or the bank. Sell Assets. You rarely receive true value in a forced sale.

Long Term Care Planning

Objectives – Design a long term care plan to help you avoid seriously eroding or exhausting your assets. This strategy accounts for a broad range of health care, personal care, rehabilitation, and social services for ill or disabled people who need help with their daily activities. The US Department of Health shows that 70% of people over age 65 will require some long term care. Many states now offer incentives for those who complete their own Long Term Care planning.

Investment Planning

Objectives – Design and customize your portfolio with the flexibility to defend against great market risk, capitalize on periods of good returns and a stable strategy that helps you buy low and sell high. We use a combination of two asset allocation strategies depending on your risk tolerance. The first method is the stable or balanced strategy combined with reallocation triggers which forces you to sell some of the best performers while buying more of the weakest performers. The second method is an active strategy where you determine your tolerance for risk combined with your long-term goals. This higher risk strategy would direct you to increase your investments in the best performers if you are confident that the market is in a period of good returns or allocate more dollars into cash as a means to protect your portfolio if you believe we are in a period of great market risk.