Our Process & Services
Our Process:
- Assess the clients current situation
- Set financial objectives and priorities
- Determine appropriate course to help achieve objectives
- Review recommendations and determine appropriate actions
- Implement decisions/The Plan of Action
- Report and monitor progress periodically and review with client
Our Services:
- Financial Planning
- Retirement Planning
- Investment Strategies
- Estate Planning
- Insurance Planning
- College Planning
- Tax Savings Planning
Independent Objective Portfolio Analysis:
This analysis will include a comprehensive review of your fixed investments, stocks, bonds, and mutual funds.
Asset Allocation Review:
A very basic approach to financial planning involves a review of allocation based upon 5 major components: Age, Income, Net Worth, Risk tolerance, and Time Horizon. This is used as a starting point to the planning process.
Asset Based Long Term Care System and Traditional Long Term Care Analysis:
Determining which kind of long-term care insurance is right for you can be a time-consuming and often a very difficult task. There are dozens of insurance companies, each offering various policies and contract provisions. We will help you with this arduous task of reviewing numerous plans with a host of insurance companies. You will be presented with the clear facts that will help you to more quickly and easily make an informed decision with the confidence that you are considering appropriate coverage limits for a plan that best fits your budget. (At the present time, based on health condition, age, etc.)
Estate Protector System:
Learn how to possibly pass more on to your loved ones. Depending on you situation, when you pass your legacy on to your next generation your assets may be substantially affected by income taxes, estate taxes, and fees that can possibly reduce your retirement accounts by as much as 70%! Utilizing available trust and/or tax strategies can often help avoid this. There are four primary categories of beneficiary who may receive your assets when you pass away, namely, your heirs, charities, attorneys, and the IRS. If you are like most people and you want to maximize what you leave to your loved ones and charities, you may benefit by implementing an “Estate Protector System.” Program. Note: When planning your estate be sure to consult with your legal and tax adviser. We can help you coordinate with these advisers or provide referrals to qualified advisors.
The Important-Document Organizer System:
How do you arrange all of your important documents into a logical and orderly system that is both convenient and easy to use? We organize your documents into three (3) main categories, namely, Protection, Savings and Growth. Within these three main categories there up-to are nine (9) sub-categories. Now you can instantly retrieve each document. Gathering your documents for an annual review of your overall plan is no longer a chore—everything is already together inside your portable file box.
Asset Cycle Portfolio System®:
Do you understand the specific purpose for each of your investment accounts and what exactly they are designed to accomplish? If you aren’t sure, you aren’t alone. Many folks feel their investment accounts are like a puzzle dumped out on the floor, meaning you aren’t sure how it all fits together. Our Asset Cycle Portfolio System® can help you understand how each part of your financial assets fit together so you can complete your entire financial picture.
Income Tax and Social Security Analysis:
This will identify how to potentially reduce your federal income tax and coordinate your income with your Social Security benefits so that you can possibly reduce the tax on both.
Multi-Generational Qualified Disbursement Review:
This will consider the impact of a Stretch IRA Strategy, giving you the ability to allow your heirs to “stretch out” your qualified dollars over their life expectancy. Stretch IRAs work best for investors who will not need the money in their IRA account during their lifetime for their own retirement needs. This strategy may be beneficial by deferring income taxes and preserving the value of qualified plans as they are distributed to beneficiaries.
Roth IRA Conversion Report:
The process of converting a traditional IRA to a Roth IRA can often be very beneficial, or very costly if not analyzed and executed properly. Consider this service if you have qualified dollars earmarked for long term savings/estate goals, and are interested in seeing the advantages and/or disadvantages of converting those dollars into a Roth IRA position.
In-Force Life Insurance Audit:
Often times individuals own life insurance policies that may not be the most beneficial for their current situation. This audit is done by analyzing in-force illustrations and combing them for a number of potentially costly factors: Lapse, Over-insuring, Under-insuring, Under Performance, etc.
