Broad-Based Planning Services
Broad-based financial planning services will typically cover most, if not all, of the subjects below, depending on your needs.
Cash Flow Analysis and Debt Management
Assessment of your income, expenses, assets and debts. This aids in discussions surrounding personal budgeting to meet your goals.
Analysis of investments, and appropriate adjustments to existing investments, based upon your goals, needs, time horizon, risk tolerance, and investment concerns. Discussions may involve descriptions and use of different types of investment vehicles including equities, fixed income, mutual funds, and real estate, as well as portfolio management techniques and their applications to help meet your stated goals and objectives.
Risk Management and Insurance Planning
Analysis of your insurance needs and coverages, taking into account your accumulation goals, assets and liabilities, sources of income, and income needs for your beneficiaries upon your death or disability.
Focuses on the accumulation of savings and investments required to meet your stated goals during retirement. This analysis takes into consideration your assets and liabilities, projected social security, pension or other retirement benefits, target retirement age, and desired level of income.
Tax Planning Strategies
Analysis of your tax situation that is based on a general understanding of current tax laws. The emphasis is to better understand your current and future tax picture and develop strategies that can be used to reduce your overall tax liabilities.
Focuses on an analysis of methods to achieve long-term transfer of assets to your heirs. These methods may include gifts, trusts, power of attorneys, and wills. Goals include ensuring your rightful heirs will receive your assets as well as reduction in your estate settlement costs, including taxation and administrative costs.
Focuses on accumulation of assets to pay for the education needs of yourself or your children and dependents.
Review of your employee benefits. These may include health plans, disability coverage, life insurance coverage, stock purchase plans, deferred income considerations, and retirement and pension plans.