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The Wealth Management Plan

We utilize the following Wealth Management Plan to uncover your most important goals and to design and implement appropriate recommendations.                                                                                                                                                                                     

Investment Planning

  • Investment Management
  • Portfolio performance analysis
  • Risk evaluation
  • Asset allocation
  • Assessment of impact of costs
  • Assessment of impact of taxes
  • Investment Plan
  • Investment Proposal
  • Investment Policy Statement

Financial Planning

  • Retirement planning
  • Major purchase planning
  • Income and asset protection planning 
  • What if? scenerios

Advanced Planning

  • Wealth enhancement
  • Wealth transfer
  • Wealth protection
  • Charitable giving
  • Professional network relationship management

The complete Wealth Management Plan consists of three parts:

1. Investment Planning: includes an Investment Plan, an Investment Policy Statement, and an Investment Proposal, which provides an overview of your profile, our consulting process, and our investment recommendations.

  • The Investment Plan utilizes information gathered during the Discovery Meeting to create your total client profile and address your financial goals and concerns. It also includes a description of our fees, as well as our firm’s background and philosophy.
  • The Investment Proposal goes into detail about your risk tolerance, your current asset allocation, and our proposed asset
    allocation. It also includes a stress test comparison of your existing portfolio and our proposed portfolio and provides
    performance information on your current and proposed investment holdings.
  • The Investment Policy Statement delves into substantially more detail on our investment approach and our strategic portfolio management process.

Together the Investment Plan, Investment Proposal and Investment Policy Statement will provide the foundation for your Wealth Management Plan. This plan gives us the ability to address a range of financial challenges you may be facing beyond your investments. Having a comprehensive Wealth Management Plan in place allows us to systematically manage all your financial concerns, which in turn maximizes our ability to help you pursue your most important financial goals.

This planning process serves as our framework, but it is only the beginning. To ensure that your family’s most important financial concerns are addressed as needed, we serve as your wealth advisor. If, during our Mutual Commitment Meeting, we both decide to work together, we will create The Financial Plan and The Advanced Plan.

2. Financial Plan: This is a comprehensive plan that looks at where you are today and where you want to go. It defines your short-term, intermediate-term, and long-term financial goals and how to pursue them. This plan includes your retirement planning goals, your major purchase planning goals, a review of your income and asset protection, and “what if?” scenarios. Once the Financial Plan is in place, we address additional components of your financial picture.

3. Advanced Plan: In the advanced plan, we focus on four broad areas of your financial life:

  1. Wealth Enhancement: Aims to produce the best possible investment returns consistent with your level of risk tolerance,
    while mitigating the tax impact on those returns. It also explores other ways to reduce your overall taxes.
  2. Wealth Transfer: Aims to facilitate the most tax-efficient way to pass assets to succeeding generations in a way that
    meets your wishes.
  3. Wealth Protection: Aims to protect your wealth against potential creditors, litigants, children’s spouses, and potential
    ex-spouses, as well as to protect your wealth against catastrophic loss.
  4. Charitable Giving: Helps fulfill your charitable goals. It is most effective when coordinated with the three services above.