Types of clients
We have over 40 years of combined experience working with people just like you. Though each situation is unique, we have the expertise and background to address the numerous issues that arise during the various stages of your life. Read on to see if your situation is similar to these examples.
Elaine and Marty - the retirees
In addition to their pension and social security, Elaine and Marty depend on income generated from their investments (outliving income was a major concern). Their portfolio needs to grow enough to protect them from the effects of inflation while trying to minimize downside risk. They have peace of mind knowing their investment needs are addressed and that should anything happen to either of them, they have established a relationship with an advisor who is aware of their entire financial situation. Estate planning, charitable giving and long-term care issues were also addressed.
Bob and Suzanne - a couple planning for retirement
Bob and Suzanne have fifteen years before retirement. They have just finished putting their two children through college and are ready to really focus on retirement. It is time to review their personal and retirement assets and come up with a plan to coordinate them. Creating a strategy for putting money away and selecting from among the investment options of their company retirement plans is also addressed. Each year, we will review how they are progressing toward their goals and take whatever steps are necessary to keep them on target. When the time comes, we will help them rollover their retirement plans to IRAs. We will also address any changes in the tax laws and make sure their beneficiary designations are correct.
Kelly - a recent widow
Like Kelly, most people in this situation rely on us for guidance in several areas. Not only is she going through an emotionally challenging time, but she has always depended on her husband to handle their finances. We take the time to understand her complete financial picture, sorting through social security and pension changes, making any necessary portfolio adjustments, reviewing life insurance benefits, determining what debts to pay off (if any) and updating beneficiary designations. We will go forward at a pace that is comfortable for her and provide the education and guidance she needs to feel more in control of her financial situation.
Fred - the business owner
On the business side, Fred needs a retirement plan that helps him best save for his own retirement as well as reward and retain his employees. He doesn’t have the time to review plans, investment options and changes in tax laws and appreciates our expertise in this area. He also likes the fact that we will educate his employees. On the personal side, we make sure his assets are coordinated with his retirement plan so everything is properly diversified and working together. Business owners often have specific estate planning issues as well.
Patty and Glen - the recently wealthy
New-found wealth can come in many forms: an inheritance, a legal settlement, the sale of a business or other real estate, stock options, lottery winnings, etc. Regardless of the source, financial situations and goals must be reassessed. When Patty and Glen received an inheritance, they wanted to purchase a second home, supplement their income and ensure that a substantial portion was left to their children and grandchildren. Whatever the goals, a new level of comprehensive management is usually needed. Estate planning and charitable giving are often addressed as well.
Jane - a recently divorced woman
Jane has received assets from her settlement. She has children and is anxious to protect her current and future income and needs to understand her options. We provide guidance regarding investment selection, cash flow, and retirement planning.
Larry - the rollover candidate
There are many scenarios where a person may want to roll their company retirement plan to an IRA: retirement, a job change, a layoff or corporate buyout or merger. In Larry’s case, his employer was bought out by another company and his 401k became eligible for a rollover. The benefits of a rollover, such as greater control, increased flexibility and a much wider selection of investment options, are discussed. Common mistakes to avoid are also pointed out. Our office handles all of the paperwork and tracking, making the rollover process as easy as possible.
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