WHO WE SERVE
We provide comprehensive financial planning services tailored to the unique needs of individuals, families, and business owners at every stage of life. From personal savings and retirement planning to business succession strategies, we help our clients build secure financial futures with confidence.
Individuals
Managing your finances is an important component of any financial security plan. From mortgage payments to tax savings, we can help you manage your money as effectively as possible, given your personal situation.
Savings
Whatever your personal situation may be, we can help you develop financial habits that will lay a strong foundation for your savings. Whether you’re dealing with student loans, planning for a family, or enjoying retirement, we’ll create a strategy that fits your current situation and future goals.
Tax Planning
No one likes taxes, but with the right professional guidance, you can access products and services that help ease the burden. Working together, we will consider your personal situation and design a tax plan that fits your needs.
Succession Planning
We can help you and your loved ones approach succession planning in a constructive manner that helps ensure they avoid problems and are well cared for in the event of your death. The process involves two main considerations: life insurance and preparing a will.
Mortgages
Whether you’re looking at a one-bedroom condominium or a five-bedroom house, we will work with you to help plan a mortgage strategy that fits your needs and considers your other financial responsibilities.
Families Saving For College
As the cost of a college education continues to rise, planning early is more important than ever. For people starting a college savings plan today, questions abound about the best way to save. For such an important and long-term goal, having the right strategy and professional guidance is crucial.
College Savings Planning
There are many factors to consider when selecting a college savings plan. Working together, we can examine college investment options to build a customized portfolio that takes into consideration your financial goals, risk tolerance, taxes, and timeline.
Traditional Savings Methods
College savers can opt for the more traditional methods of accumulating college funds, such as savings accounts, CDs, money market funds, tax-free municipal bonds, U.S. Treasury securities, or mutual funds. These methods offer simplicity and control but come with limitations in terms of tax benefits.
Tax Advantaged Methods
If you start early, tax laws provide for tax-advantaged methods to pay for college expenses. The methods involve different tax rules, so they can be somewhat complicated and require careful coordination.
IRC Sec. 529 Qualified Tuition Plans
These plans are designed to help you cover the cost of college by taking advantage of tax incentives provided through the federal tax code. The plans may vary between individual states and the educational institutions that offer them.
U.S. Savings Bonds
The interest earned from certain savings bonds may be excluded from income if used to pay for qualified education expenses in the year the bonds are redeemed. Also, savings bonds offer unique benefits, including inflation protection and the backing of the U.S. government. They’re great for those seeking to diversify their education savings approach.
Financial Aid
When saving for college, special consideration should be given to future eligibility for financial aid. Most needs-based financial aid programs base eligibility on the amount of assets that are owned by the child, not the parents. If assets are held in the child’s name or in a trust for the child, they could negatively impact eligibility.
Business Owners
Growing a business is a difficult undertaking today, as business owners must confront a myriad of tax laws and regulations while trying to effectively create products or services, manage their employees, develop and cultivate clients, and do so profitably. Often, business owners are too absorbed in their business to tend to their own financial needs, and they may also overlook key planning considerations that could help their business grow and prosper.
Business Owner Needs
For many business owners, their business is their primary retirement asset. But business owners today must prepare for retirement with the same level of diversification recommended for any retirement plan. Many have access to a number of qualified and non-qualified retirement plan options that can provide a cornerstone for their retirement income needs.
Key Employee Protection
One of the more devastating events a small business can suffer is the loss of a key employee. The loss could set the business back for a time, and at tremendous cost. In financial planning, we are taught that our most valuable assets should be insured against an unexpected loss. It’s no different for business owners. In our experience, buying life insurance coverage on a key employee makes good business sense.
Executive Compensation
Executive talent is hard to come by, and it is even more difficult on the business when it walks out the door in pursuit of another opportunity. When key executives are presented with a strong monetary incentive package, they are more likely to stay and utilize their talents where they feel appreciated and appropriately rewarded. Structured incentive plans can help keep key executives in place and motivate them to higher levels of performance.
Don’t Wait To Start Planning Your Financial Future
Let’s work together to create a personalized strategy that aligns with your goals and gives you peace of mind about your financial future.