Together we help you focus on the "big picture" - where you are today and how you want your life to be different in the future. Then we discuss the financial aspects of your vision, and decide on options to help move you in that direction.
Perhaps the most important initial element in planning is Budgeting - your spending and saving plan. Setting a budget is relatively easy; it is more difficult to stick to it! You need not worry, we are here to help keep you on track.
Risk is the possibility of loss. Sometimes the loss is trivial, while at other times it may cause major personal and financial hardship. There is no way to eliminate all risk, but there are ways to avoid, minimize, or protect yourself and your family from financial risk.
Liquidity is important in cases of financial emergency. When you encounter hardship, you won’t necessarily have time to go through the process of putting your house on the market or selling your collection of rare artwork. You’ll need quick access to funds so you can pay for your essentials and stay on top of your bills.
Debt management is a way to get your debt under control through planning and budgeting. The goal of a debt management plan is to use a customized strategy to help you lower your current debt and move toward eliminating it completely.
When you finance a large purchase like a home or car, you borrow money and pay it back with interest. Usually, you repay it in monthly installments. We will guide you in selecting the appropriate financing options for you.
There are several options for parents and grandparents who place importance on a college education and want to save money to make a financial contribution. The advantages are too good to ignore — contributions may grow tax free, and as long as you use the withdrawals for qualified education expenses.
Retirement planning is important because it can help you avoid running out of money in retirement. Your plan can help you calculate the rate of return you need on your investments, how much risk you should take, and how much income you can safely withdraw from your portfolio.
Estate planning ensures that all your assets – physical, financial and online – are efficiently transferred to the beneficiaries of your choosing. The law might not take into account your personal relationships or preferences while distributing your assets if you die without an estate plan in place.