Our Services
Financial Strategy and Goals-Based Planning
Building a solid foundation using goals-based, financial planning that is on-going and accessible so we can focus together on meeting and exceeding important milestones, regardless of market conditions and performance.
- Goal Setting and Planning
- Develop, implement and monitor all financial goals
- Calculate net worth and review cash flow annually
- Conduct annual planning evaluations and tracking of goals
- Provide proactive follow-up on action items
- Provide advice on healthy financial behavior, e.g. wants vs. needs
- Retirement Planning
- Evaluate pension plan structures, IRA's, Roth IRA's or qualified plans
- Analyze distribution options for pensions
- Calculate retirement plan benefits, including Social Security
- Calculate IRS Required Minimum Distributions (RMD's) and educate on regulations
- Provide Roth IRA conversion calculations and advice
- Educate on how the timing of retirement will affect retirement lifestyle
- Review and update goals, objectives and priorities to analyze the impact of these changes on overall financial situation
- Update financial projections to monitor the effect of stock and bond markets, changes to cash flow needs, risk tolerance and other variables
- Analyze the effects of inflation on financial goals
- Provide stress test analysis of portfolio, i.e. Risk Tolerance
- Provide Social Security analysis and optimization
- Education Planning
- Evaluation of the various vehicles for educational savings and selection based on individual needs
- Monitor age of student(s) to ensure proper allocation based on risk tolerance and time horizon
- Provide guidance and advice on financial aid and scholarship funding
- Monitor state and federal tax laws for changes to education benefits, contributions, credits and deductions
- Networth Statement and Balance Sheet
- Gather and analyze information to create household balance sheet
- Analyze debt structure and organization; assess lending opportunities
- Evaluate mortgage financing, the economic benefits of refinancing, semi-monthly payment programs, accelerated payment programs and PMI reduction strategies
- Calculate net worth
- Monitor net worth to ensure the financial plan is working to preserve and grow assets
- Help prioritize spending and prepare for potential pitfalls
- Look for opportunities for additional savings
- Benefit Plan Analysis
- Provide advice to maximize employee benefits
- Annual analysis of employee benefits
- Provide stock option strategies
- Provide advice on employee stock purchases as a part of overall investment strategy
- Monitor contributions to retirement plans
- Tax Sensitivity Analysis
- Provide information about tax-planning strategies
- Work in symphony with CPA to enhance tax efficiencies in overall financial plan
- Assist CPA with gathering data
- Simplify tax reporting
- Discuss tax benefits of optimizing 401(k), 403(b) or other retirement plan options
- Provide information on the benefits of section 125 plans and health-savings accounts
- Help reduce taxation of Social Security benefits
- Provide advice on possible benefits of Roth conversions
- Monitor tax law changes and the impact on overall situation
- Establish and track cost basis on taxable accounts
- Provide advice on retirement plan distributions prior to age 59 ½
- Provide advice on Required Minimum Distributions (RMD’s) after age 70 ½