Wealth Management

Wealth Management encompasses all areas of your financial life. We focus on your complete financial situation and offer tools to help you achieve financial independence. We employ a series of steps in helping you reach your financial dreams.

THE FIRST STEP

We start by taking a fresh, close look at your current financial situation. Together we’ll examine your:

  • Assets (and their fair market value)
  • Liabilities
  • Monthly Cash Expenditures
  • Income Tax Situation
  • Wills and Trusts
  • Insurance Contracts
  • Retirement assets

Gathering facts about these and other aspects of your current financial situation gives us and you a clear starting point on the road toward helping you meet your financial objectives. A thorough discussion will reveal any immediate actions that may be necessary before proceeding with our analysis.

SETTING THE OBJECTIVE

Once we have a clear understanding, together we determine what your financial goals are. We never assume your objectives are the same as those of any other person. We want to hear about what you desire and what you will need in the future.

We review your expectations with you and discuss their relationship with what we already know about you. Once again, our knowledge of economic trends helps us to develop tactics that are realistic. We have listed the types of objectives you may wish to take into consideration:

Investment Planning

  • Determining Investment Temperament & Risk Tolerance
  • Setting Investment Goals
  • Selecting Investment Variables
  • Monitoring Investment Portfolio

Retirement Planning

  • IRA Selection
  • Retirement Plan Selection and Design
  • Targeting Income Needs at Retirement
  • Targeting Retirement Age
  • Distribution Alternatives & IRA Roll Over Options
  • Design of Deferred Compensation Plans

Cash Flow Analysis

  • Identifying Income Sources
  • Projecting Living Expenses
  • Projecting Debt Service Expenditures and Tax Liabilities
  • Implementing Methods to Improve Cash Flow

Income Tax Planning

  • Projecting Income Tax Liability
  • Methods of Reducing Tax
  • Tax Deferral Techniques
  • Income Shifting Techniques
  • Defining Legitimate Deductions

Insurance Planning

  • Determining Life Insurance Needs
  • Determining Disability Insurance Needs
  • Determining Property and Casualty Insurance Needs
  • Selecting Insurance Products

Business Planning

  • Selecting a Business Entity
  • Techniques for Transferring Ownership
  • Recapitalization Plans
  • Employee Benefit Plans

Education Planning

  • Targeting Cash Needs for Education
  • Selecting Methods for Funding Education
DEVELOPING A STRATEGY

Once we have reviewed your financial objectives, we can start designing tactics and an overall strategy. With our previous experience and training, as well as the new information we are constantly receiving, we will be able to carefully design the right plan for your needs and desires. All of the input you provide us ensures your plan will be uniquely fitted to the attainment of your particular goals. Once we have laid down a strategy, we again consult you to make sure we haven’t missed anything. This ensures that you thoroughly understand every aspect of the strategy. We take time to answer all of your questions before we take another step.

A GREAT BEGINNING

Now it’s time to set the plan into motion. We will assist you through every phase of the implementation process until each and every part of the plan has been put into effect.

THE SUPPORT TEAM

Having taken such a rational, thorough approach to your financial planning, it would seem irrational to leave you at this point. At Future Finances, we sign on for the long term. We support you in the initial implementation of your plan and your progress. As your circumstances and desires change, Future Finances updates and improves the initial plan. We invite your questions and can assist with day-to-day financial decisions.

THE TIME IS NOW

We are sure you understand the necessity for careful review and planning to get the results you want. To get those results, take the first step and call or write to us. We’ll set up an interview at your convenience. Let us get you started on the path to a great financial future.

 

 Securities and investment advisory services offered through FSC Securities Corporation, member FINRA,  SIPC and a registered investment advisor.  Additional investment advisory services offered through Future Finances, Inc., a registered investment adviser not affiliated with FSC Securities Corporation and is not a broker-dealer.

© 2007 Future Finances, Inc. All rights reserved.