Helping You Plan
Fee-Based Financial Planning
We support individuals and small business owners in reaching short and long-term financial goals by taking a holistic relationship-based approach to financial and retirement planning. Following our initial service, we do periodic reviews to monitor progress and to help ensure you are still on track.
Financial Planning for Your Future -
We begin by talking about your objectives and concerns. Then, we go through the process with you, explaining what you can expect and the associated fees. We help you understand the ‘whys’ behind the numbers and begin prioritizing your goals based on your needs.
We begin the analysis by verifying plan data and highlighting areas of concern or opportunity. We then share our initial findings with you and follow up by collaborating on possible scenarios that lead to our custom recommendations and actionable plan.
We discuss our recommendations and strategies with you, answer any questions and review an action plan by charting a specific time-sensitive path to help achieve your financial goals.
Implementation* And Monitoring
Together we decide on an action plan for implementing the recommendations. We will then be in touch several times throughout the year to monitor your progress.
* You have a choice to implement the recommendations in your financial plan on your own, with your Financial Planner or though another financial services professional. If you choose to implement your plan with your Financial Planner, he or she may sell other services and products to you in his or her capacities as (i) an investment adviser representative (“Advisory Representative”), (ii) registered representative of Pruco Securities, LLC, and/or (ili) a licensed insurance agent of Prudential (collectively “Prudential Representative”.)
The Fundamentals of Financial Planning
_ CASH-FLOW ANALYSIS _
We take a comprehensive look at your spending trends, then help you establish a budget based on the annual amount you need to live off and remaining surplus amount. In the event of outstanding debt, we advise you on a viable repayment strategy.
_ RISK MANAGEMENT ANALYSIS _
We review all your insurance policies based on your current needs and intended beneficiary arrangements. We help you determine if you need more, less, or a different type of insurance protection and present potential solutions to help ensure you are still on track.
_ INVESTMENT ANALYSIS _
We review your investment portfolios based on your risk tolerance. This will give us a perspective as to how you are invested, in comparison to your risk tolerance.
_ TAX/ESTATE PLANNING STRATEGIES _
We research income tax methods for legacy, trust, multi-generational wealth and business succession plans, either through general tax strategies or tax-efficient portfolios that reduce capital gains. We then work with your CPA and trust & estate attorney to review the recommendations.
We use eMoney* interactive technology to tie all your finances together in one convenient place for oversight. You are provided with 24 /7 access to keep easy tabs on money and goal progress.
*eMoney is intended for informational purposes only and is not intended to replace official account statements from the sponsor or custodian. As always, you should refer to your official account statements to compile a complete and accurate inventory of your accounts. You are also strongly encouraged to review your official account statements and compare them against the values and other information contained on your eMoney website. In the case of any discrepancy, you should rely on your official account statements as the most accurate source of information. Questions regarding any account listed should be directed to the customer contact information identified on the official account statement. Assets may not be covered by SIPC.