Helping you reach your financial goals

It is very important to find an expert in the field; someone whose experience you can lean on. A professional will rely on knowledge gained through education, through personal experience, and vicariously through situations they have worked through with their clients. This level of experience allows them to steer you in the right direction.

People often talk to their accountant or lawyer regarding financial matters. These professionals can frequently provide a good second opinion. For specific financial matters however, not all accountants or lawyers have the expertise necessary to deal with the questions asked. When you work with someone who truly specializes in financial planning, you ensure that dealing with these type of questions is their primary focus.

Let’s face it. Most financial planning processes are pretty similar. They begin with some form of assessment of your current situation, which leads to a series of recommendations that form the basis of a strategy. The strategy usually includes a number of action steps or tactics that collectively constitute your plan. Ideally, when the plan is implemented, the results bring you closer to your stated goals as outlined in the strategy.

So what is different about our process? Us.

You see, creating a financial plan to help you reach your financial goals is as much about the person you choose to work with as it is about the process you go through. Of course, we rely not only on our own experience and expertise but also on the knowledge and strength of a team of professionals. Together, we will provide the guidance you need to start you on the path to financial security.

Here are 8 steps to help you maintain your financial health. If you feel you need guidance from a professional who can provide solutions to meet your unique needs, please feel free to contact us.

Manage Debt and Live Within Your Means –Excessive debt can be dangerous in the event of an economic downturn or an unexpected loss of income.
Ask an Expert for Help –Consult independent legal or financial advice before liquidating an asset to purchase an investment or insurance product, or transferring ownership of assets.
Keep Your Wills Up to date –Basic wills naming executors and guardians may not be sufficient as you accumulate assets and prepare for retirement.
Match Your Risk Tolerance to Your Goals –It is usually prudent to have less volatile and more liquid means for education funding (shorter-term) than retirement funding (longer-term).
Make Sure You Have Adequate Insurance Coverage –Insurance is designed to cover risks you cannot afford to take on your own. Life, disability and long-term care insurance can help protect a family’s standard of living if the unexpected happens.
Review the Ownership of Assets –While joint ownership may make asset transfers at death easy, they may also generate unnecessary estate taxes.
Consider Establishing a Trust –The right trust may allow more of your estate to pass to your heirs.
Own Products That Are Appropriate for Your Situation – If you absolutely need to receive a retirement check every month, choose a product that will provide income that is guaranteed to last as long as you do.