We understand that the complexities of wealth are often confusing and sometimes overwhelming for clients. Therefore, it is with a sense of purpose and responsibility that we first understand each client’s “money story.” Understanding your goals and concerns, such as building toward a comfortable retirement, providing for your children’s or grandchildren’s education, planning your legacy through a carefully designed estate, maximizing tax advantages and selecting appropriate insurance policies are all a part of the process. The outcome is a tailored financial plan and investment strategy that aligns with your current situation, identifies opportunities and blind spots, and creates a roadmap for the achievement of short-, mid-, and long-term goals.
We start with the end in mind, understanding your risk capacity, time frame in which you will need access to cash, tax situation, and growth objectives. From there, we identify the types of investments (stocks, bonds, cash and alternatives, etc.) that serve as a best fit and how much should be invested in each type. We then implement the plan, monitor, and rebalance your investments on a regular basis, and make recommendations for change, as appropriate. Our many years of experience and pooled market knowledge help provide you with sophisticated investment guidance and well-informed, thoroughly researched recommendations.
Retirement planning is dynamic as situations change over time, and the process is often long-term. We pivot with you as things like healthcare needs change, living costs fluctuate, and your work situation evolves. Whenever possible, we carefully plan for income distributions during retirement far in advance to maintain purchasing power and minimize tax consequences. And we work with clients to understand other retirement aspirations – social, emotional, health and wellbeing – to connect the financial side of these goals in the retirement planning process.
We work with your estate planning attorney and other advisors in the development and review of your plans and support their implementation. In addition, we work with families and regularly consult across generations to help ensure continuity, using the family’s values and interests as our guide. We also evaluate tax-efficient ways to pass assets to heirs and charitable organizations real time or through estate planning.
We work with you to identify insurance gaps and unaddressed risks that could lead to unnecessary or catastrophic loss. Risk management can range from long-term care and life / disability insurance to elder fraud. Our team helps you think ahead and consider different scenarios, then prepare contingency plans to address them. We understand that while risk cannot be eliminated, it can and should be mitigated.
We work to minimize tax impacts on your investment returns through ongoing monitoring of your overall portfolio. Whenever possible, we make recommendations to maximize tax efficiencies as new legislation rolls out, during end of year planning, and when other circumstances change. We also support you in closely monitoring cash on hand and cash outflows, to be sure you have money when you need it most.
Our advisors focus on the big picture for small business owners and executives. We provide retirement planning, employee and executive benefit analysis – from 401(k)s to pension and profit-sharing plans, multiple insurance products, income tax planning, succession planning and investment services, all with your personal financial situation in mind.
We know that education planning has become more challenging because people are living longer – which means more money must be set aside for retirement, many parents are waiting longer to start a family – which means there are fewer years between their children finishing college and normal retirement age, and the cost of college is continuously on the rise. Saving for your child’s future can be a daunting task, but with some careful planning, it is possible to take the sting out of college costs, even while saving for retirement. We will review different savings strategies with you to determine which makes the most sense for you today and into the future.
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