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Our clients engage us for help in addressing specific issues or to prepare comprehensive financial plans analyzing several issues. Our client relationships run from one-time, as-needed engagements to on-going relationships with multi-generational families. Our customers are people of all ages from all walks of life.
You can expect our plans to include specific recommendations and detailed steps on implementation. If your needs require the services of insurance professionals, lawyers or money managers, we’ll give you some guidance on where to go for this support.
The benefit of fee-only financial planning services is that you pay for just the time we work with you or for you -- just like you do with your medical, legal and accounting professionals.
We offer:
- Retirement cash flow modeling
We prepare detailed models of “cash flow for the rest of your life.” These models are flexible to respond to all of your “what-if” questions. For example, we can prepare a base scenario assuming retirement at age 62 and a second “what-if” scenario with retirement delayed until age 65.
- Investment portfolio review
We find that investment portfolios have become an accumulation of assets from a variety of sources, such as the current employer retirement plan, a rollover IRA, individual stocks and mutual funds, and a concentrated position in one security. We analyze individual components of your portfolio (along with the portfolio taken as a whole) and provide you with a coordinated plan for attaining your investment objectives.
- Asset allocation advice
Proper asset allocation among the classes and styles of investments is critical to the execution of all financial plans. Our asset allocation recommendations take into account your risk tolerance. We accomplish this by having you complete a Risk Tolerance Questionnaire which addresses (1) your investment time horizon, (2) how much risk you can afford to take and (3) what is your psychological tolerance for risk.
- Personal spending analysis
Have you ever said to yourself “Where does all my money go?” We prepare detailed analyses of your spending habits focusing on the breakdown between discretionary items and non-discretionary expenditures. We assist you in developing emergency cash reserves and developing a “pay yourself first mentality”.
- Insurance needs review
We take the time to guide you thru the options available for selecting life, disability and long-term care insurance. Since we are not influenced by commissions on the sale of financial products, the selection process will be objective and goal-oriented.
- Education funding
From personal experiences, we are very familiar with college education funding and the options available to finance this major expenditure. We will assist you in developing a savings program and determining the proper asset allocation for your education funding assets.
- Divorce/family planning
Cash flow planning/budgeting is one of the most often overlooked issues of couples facing divorce or starting a new family. We’ll work with you to develop a personal budget and educate you on how to monitor your spending. As tax advisers, our tax planning strategies are another valuable asset for clients facing a change in their family situation.
- Estate planning review
Estate taxes may only affect the “rich and famous,” but having updated estate planning documents, such as a will, is essential to everyone regardless of their income. We will answer your questions about these documents and suggest other estate planning strategies, whenever appropriate.
- Employer stock compensation strategies
Stock options, stock appreciation rights and employee stock purchase plans have a unique way of complicating your personal tax situation. We understand the intricacies of equity compensation plans and will work with you to develop an exercise strategy that addresses your financial planning goals and minimizes the tax burden.
- Income tax advice and tax return preparation
We are available to prepare your income tax return as part of an all-encompassing relationship. We find that this is an opportunity for us to stay current with your personal finances each year.
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