Broker Check

Wealth Management

wealth management

Defining Wealth Management

Wealth Management is an investment-advisory discipline which incorporates financial planning and investment portfolio management.  High-net-worth individuals, small-business owners, and families who desire the assistance of a credentialed financial advisory specialist call upon wealth managers to coordinate retail banking, estate planning, legal resources, tax professionals and investment management.  Wealth managers generally have backgrounds such as independent Certified Financial Planners, Chartered Financial Consultants, and professional money managers who work to enhance the income, growth and tax-favored treatment of long-term investors.

Wealth Management Issues

Our focus may include one or more of the following Wealth Management Issues:

1. Investment Management

I start with a disciplined investment strategy that is designed just for you, with your unique goals and needs in mind. Your tolerance for risk and market volatility is a critical concern.  

2. Retirement 

I partner with you to create a strategy, considering the level of assets needed to fund your vision of retirement including likely income needs, potential tax implications, and risks that can stand in the way of realizing your vision.

3. Income Taxes
We are uniquely positioned to assist our Wealth Management clients in this critical area. We provide tax advice on various matters, including the possible tax impacts of various investments, and prepare annual federal and state income tax returns for our Wealth Management clients.

4. Cash Flow and Debt Management

Cash flow is the cornerstone of your wealth management plan and the key to a disciplined strategy. In addition, your debt level and credit history are important barometers of financial health. Good debt management can lower the amount of interest you pay, and may ensure you have credit when you need it.

5. Education Planning

Every child dreams about what they will be when they grow up, and a college education can be the most important factor in that dream becoming a reality. I can help you identify how much money you may need to send your children or grandchildren to college, determine how much they need to save, and how a dedicated contribution to a college fund may fit with your overall goals and objectives.

6. Family Risk Management

Even the best plans can crumble if you have not properly prepared for the risks that exist for every family. Should something happen, such as disability, death, or long-term-care need, the carefully planning and investing can become unraveled.

7. Legacy and Estate Planning

Legacy planning is about so much more than just money. Simply stated, a legacy plan ensures that what you want to happen will happen in your later years and at the time of your passing. We are uniquely positioned to assist our Wealth Management clients in this vital area and we can work with your attorney to implement an estate plan that achieves your legacy objectives. Having an estate plan in place reduces stress and red tape. Proper legacy and estate planning can eliminate the problem of placing your family in the position of facing uncertainty at the worst possible time.

8. Business Planning

As a business owner, you likely face daily challenges. The demands of running your company may leave very little time to focus on the important financial matters that can have a major impact on you, your family, your business, and your future.  I can help you evaluate and implement strategies that not only may protect your business, but also take advantage of opportunities that could improve the cash flow, tax situation, benefits, and bottom line of your business. We can provide specific business retirement plans which may help provide long-term financial security to both the owners and employees of your business.

9. Special Situations Planning

Throughout your life some expected and unexpected needs will come your way, whether it is planning for a wedding, taking a spur-of-the-moment dream vacation, deciding to buy a second home or facing unexpected expenses due to unforeseen events. I am here to help you with situations that do not always fit nicely into the other wealth management issues. I can assist in determining a path to get you through whatever financial challenges and opportunities arise.