Wealth Management Services
Services
“Know well the condition of your flocks, and give attention to your herds” Proverbs 27:23
Retirement Planning
Longer life expectancies, higher price inflation, and the prospect of tax increases present a formidable challenge for the retirement plans of working Americans today. We guide our clients through our proven A3 Process to see their retirement plans become a reality. Considerations include: the percentage of income to be designated towards retirement, the most beneficial tax-advantaged retirement plans to employ, the age at which Social Security benefits should be triggered, the income solutions to harness, and others.
Investment Management
We have carefully researched and developed strategic, diversified client investment portfolios with various investment objectives and risk levels. Our pro-active and personalized management service includes planned periodic reviews, regular account re-balancing, and a prompt reply to account inquiries.
Long-Term Care Planning
The high cost of skilled care later in life often becomes the biggest risk against both the retirement plan and the estate of many Americans. As a Certified Long Term Care Specialist (Shaun T. Scott, CLTC), we help clients understand the role LTC plays in their Principal Family Plan (PFP), as well as the costs, benefits and features of the many LTC options available today. Then, given each client’s personal needs and goals, we help them choose the right plan with the right benefits at the smallest cost.
Estate Planning
Careful planning is essential in the avoidance of unnecessary family altercations, bureaucratic delays, and increased taxation of estates. We assist clients and their estate and elder law planning attorneys by making sure vital documents are current, and that every beneficiary-eligible account has both primary and contingent beneficiaries named at all times.
Education Planning
Absent an early plan, the high cost of a college education today often results in substantial investment account distributions or untimely home equity loans, moves that can delay or even diminish your retirement unnecessarily. We’ll help you establish an education plan that fits your goals and resources, while taking the time to explain how it fits into your Principal Family Plan.
Small Business Owner Services
Are you a sole proprietor? Attract and retain high quality employees by offering a competitive retirement plan! We’ll help you identify the right cost effective plan for your business, and then customize its design for the benefit of your employees. We’ll also work directly with your record-keeper during set-up to simplify the adoption process, and maximize participation by explaining the many benefits to employees.
Tax Planning
We’ll explain the tax implications of your financial options involving investments, distributions, and loans, not only on this year’s tax return, but also on your longer-term Principal Family Plan. We also assist with tax planning by communicating these implications to you and your tax preparer.
Client Education
Your understanding of the dynamics and role of each component in your financial life, including the budget, savings & investments, insurances, and legal documents, as well as a basic apprehension of the financial principles at your disposal, is critical to both our mission and your success. The tools we use to this end include client meetings, periodic phone or zoom reviews, the weekly blog, website resources, and posted social media articles.