Wealth planning refers to the process of making appropriate decisions concerning one’s wealth to pursue one’s goals in life. It incorporates a holistic planning process, that can involve a variety of different strategies, but the overall goal is to determine how to invest, how to manage wealth, and how to provide for the future.
Our advisors help our clients establish their goals in life, both short and long term, determine their assets and liabilities, and evaluate their current financial position. Then the advisor and client can develop and implement a plan, focusing on the client’s retirement and estate goals and objectives.
We are assisted by our national Wealth Enhancement Group, comprised of a team of Attorneys and CPA’s that are experienced in developing wealth plans designed to meet our clients’ needs and goals.
Most importantly, because of this planning process, we offer focused planning services to help calculate the rate of return your family may need to achieve your life goals. We refer to this number as your “family index number”. This is a useful benchmark to help us in ongoing management of your portfolio, as opposed to a stock or bond market index. We also offer help in factoring the multiple Social Security choices into your financial plan.