Our Services

Financial Planning

Clients seeking counsel for comprehensive Financial Planning receive a comprehensive financial plan which includes an analysis of their financial situation, including a review of and recommendations about their investments, tax planning, employee benefits, insurance, retirement and estate planning, and planning for anticipated major expenses - like children's college education.​

Financial planning is a lifetime process, so periodically these analyses are updated to help us be aware of our client's changing circumstance and to help clients keep on track towards achieving their financial goals.

 

We assist you in identifying your short and long term financial goals; we provide you with specific written recommendations, which offer strategies for the following:

  • Net Worth & Cash Flow Investment Management
  • Retirement Planning
  • Tax Planning
  • Risk Management
  • Long-Term Care
  • Estate Planning
  • Education Planning
  • Philanthropic and Multigenerational planning

 

We also review and make recommendations on financial issues specific to your circumstances, for example, your employee benefits, business compensation and ownership transfer. Working with your CPA and attorney, we provide a coordinated, comprehensive approach to meet your financial needs.

 

After your initial planning is completed, Financial Planning services are available on a retainer basis which provide annual Financial Planning actions and recommendations to ensure you are in track to achieve your financial goals​

 

Our Six-Step Financial Planning Process

 

1. Establishing and defining the client-planner relationship.

We will clearly explain or document the services to be provided to you and define both his and your responsibilities. We will fully disclose how we will be compensated and by whom. You and the planner will agree on the lenght and scope of the professional relationship and on how decisions will be made.

 

2. Gathering client data, including goals.

We will gather comprehensive information about your financial situation, including all necessary legal and financial documents. You and the planner should mutually define your personal and financial goals, understand your time frame for results and discuss, if relevant, how you feel about risk.

 

3. Analyzing and evaluating your financial status.

We will analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments, tax, and/or estate strategies.

 

4. Developing and presenting financial planning recommendations and/or alternatives.

We will offer financial planning recommendations that address your goals, based on the information you provide. We will thoroughly discuss the recommendations with you to help you understand them so that you can make informed decisions. The planner should also listen to your concerns and revise the recommendations as appropriate.

 

5. Implementing the financial planning recommendations.

You and the planner should agree on how the recommendations will be carried out. We may carry out the recommendations or serve as your "coach," coordinating the whole process with you and other professionals such as attorneys or other professional advisors.

 

6. Monitoring the financial planning recommendations.

You and the planner should agree on who will monitor your progress towards your goals. If we are in charge of the process, we will be meeting with you periodically to review your situation and adjust the recommendations, if needed, as your life changes.

Plain and Simple.

 

We charge you a fee for our advice and receive no compensation from any other source. Nothing is hidden, we are totally transparent in our costs. We are happy to meet prospective clients who are interested in our services but we feel that we can provide the greatest benefit to those who have over $500,000 investible assets or have complex financial situations.

 

Planning Fees

Financial Planning fees are fixed fees that typically range from $2,000 to $10,000 for most clients and depend on the complexity and scope of the work and advice for the first year. The fee is determined after you initial complimentary meeting during which time we will together review your goals and specific financial concerns.

 

We will provide you with a Financial Planning contract which requires a 25% initial payment and subsequent 25% payments are due each quarter or balance due upon completion or the plan whichever comes first.

 

Since a successful financial plan needs implementation, which often requires some behavior change on your part, and it takes time to acquire new habits, our financial planning contract duration is typically for 2 years, and the subsequent years plan fee is determined when the plan is completed and progress coaching and monitoring begins. There is no obligation to continue our planning relationship. However, over 95% of our Financial Planning clients retain us for ongoing Investment Management advice.