Financial Planning

Areas of a Holistic Life Plan

Goal Setting

Our customized financial plans begin listening to our clients to identify their primary concerns as well as goals and objectives. Once goals are achieved, new ones are set and monitored until achieved using “Blue Box” communication.

Lifestyle Income

We’ll develop multi-year cash flow models in which short- and long-term expenditures (tax payments, new residences, children’s education, retirement, etc.) are anticipated and appropriately funded. At the same time, we’ll model cash flows that can be available to fund investment strategies.

Tax Reduction

Through a thorough review of tax planning opportunities, we can proactively plan financial transactions to minimize current and future tax liabilities. We will coordinate and collaborate with your CPA to ensure your personal, corporate and fiduciary federal and state income taxes are appropriately prepared.

Retirement Strategies

We’ll review your current retirement plans to maximize accumulations while minimizing taxes on distributions. We’ll analyze whether you’re “on track” for your targeted financial independence goals.

Protection Planning

We’ll analyze your individual current personal and employer-provided insurance coverage as well as your capital needs to determine the optimum level of life, disability insurance and/or Long-Term Care insurance. We will also review your property/casualty coverage including homeowner’s, auto, and umbrella liability contracts.

Business Succession

Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company’s day to day operations. We help you address the complex issues of business continuation and can assist you in developing a strategically sound plan.

Portfolio Management

We’ll analyze your current portfolio to ensure that the mix of assets is consistent with your financial objectives. We evaluate your risk tolerance and present and future income needs to determine appropriate anticipated yields as well as relevant tax strategies. Then we’ll suggest a specific asset allocation then adjust the portfolio as needed.

Legacy and Charitable Planning

We will work as a team with your estate planning attorney to develop alternative gifting strategies to generate current or deferred income and tax savings. These strategies may include the use of Charitable Trusts or other vehicles to help you achieve your desired vision. Once you have secured your income and that of your family, you may consider establishing a Family Foundation, Donor Advised Fund or another Charitable gifting program to give back to society while keeping the family involved during your lifetime and beyond, thereby leaving a legacy for generations to come.