Programs
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|Financial Planning| |Retirement Planning| |Investment Management|
ObjectivesIf you are more than 10 years from retirement, this program provides a personal game plan for achieving your most important goals--such as purchasing residence and vacation homes, funding college educations, affording a comfortable life style, providing support to aging parents, building up retirement savings, minimizing taxes, and insuring against such risks as death, disability, or costly medical conditions.
Approach Since any plan is only as good as its input, our first efforts involve coming to understand you, your goals and your overall financial situation--spending levels, income sources, savings and investment programs, portfolio make-up, company benefits, tax situation, and insurance coverage. Once these inputs are finalized, we use sophisticated planning software plus our own expertise to craft a plan that systematically leads you towards attainment of these goals. Moreover, your plan is rigorously tested under different scenarios so that you have a clear picture as to the effects of varying inflation rates and investment returns on your overall situation. Deliverables Your final plan lays out specific recommendations covering such areas as:
We assist in plan implementation by providing referrals for specific products and services and coordinating activities with accountants and lawyers as appropriate. And, if you enter our Investment Management Program, we carefully monitor ongoing investment performance, suggesting portfolio changes as circumstances warrant Because your personal situation, market conditions and the economic environment are continually changing, annual plan reviews are important. Fees Our fees for developing your initial plan are based on the complexity of your financial situation. Ongoing fees will be determined based on the type and level of service provided.
Objectives This program provides a customized game plan for intelligently addressing the most important goals of the pre-retirement and retirement years. These include: ensuring the sufficiency of overall retirement savings; achieving a comfortable, sustainable lifestyle; enriching the overall quality of life; developing an efficient stream of retirement income; creating a sound long-term investment plan; protecting oneself against both market downturns and periods of high inflation; establishing the right insurance coverage and legal documentation to deal with serious medical situations; and developing a solid estate plan. Approach Since any plan is only as good as its input, our first efforts involve coming to understand you, your goals and your overall financial situation; including current and future spending levels, pre-retirement income sources and years to retirement; retirement income sources; savings and investment programs, portfolio make-up, company benefits, tax situation, insurance coverage, and estate wishes. Once these inputs are finalized, we use sophisticated planning software and our own expertise to craft a plan that systematically sets forth a realistic retirement plan for you. It shows you the consequences of retiring at various ages, the expense levels that are sustainable long-term, and how to move towards achieving your most important objectives. Moreover, your plan is rigorously tested under different scenarios so that you have a clear picture as to the effects of varying inflation rates and investment returns on your overall situation. Deliverables Your final plan presents clear recommendations for all the key areas your actions impact. Thus, typical plans include guidance as to:
We assist in plan implementation by providing referrals for specific products and services and coordinating activities with accountants and lawyers as appropriate. And, if you enter our Investment Management Program, we carefully monitor ongoing investment performance, suggesting portfolio changes as circumstances warrant. Because your personal situation, market conditions and the economic environment are continually changing, annual plan reviews are important. Fees Our fees for developing your initial plan are based on the complexity of your financial situation. Ongoing fees will be determined based on the type and level of service provided.
Objectives If you are seeking ongoing portfolio guidance within the context of an overall investment strategy, this program is for you. Given that this strategy can only be developed in light of your overall financial situation and life goals, the first step involved is to complete our Financial Planning or Retirement Planning program. With this foundation established, we then proceed to address your specific investment needs. Approach Our approach does not rely on short-term market timing efforts, but on long-term investment principles. Since research studies identify asset allocation as the key determinant of portfolio returns, the cornerstone of our work is development of a custom-tailored allocation strategy reflecting your risk tolerance, cash flow needs, tax status and time horizons. Deliverables Once that strategy is agreed to, we construct a diversified portfolio for you, one designed to enhance returns, controls risks and minimize expenses. In light of the strong evidence that most mutual funds do not outperform their benchmark indices in the long run, our recommendations rely heavily on index and exchange traded funds; supplemented in some very specialized market sectors by no-load mutual funds with solid track records. We review your portfolio on a quarterly and annually we sit down together to carefully assess performance. If initial allocations have shifted markedly due to variations in returns rebalancing may be recommended. We also use this meeting to examine any possible changes in strategy warranted by changes in personal circumstances or the overall financial environment. As a rule, however, we believe in keeping changes to the minimum because a disciplined, long-term strategy is far more likely to achieve favorable results than an approach relying upon frequent portfolio turnover. Fees Our fees are based on the amount of assets in the portfolio we are managing for you. Fidelity All securities and cash balances managed by us are held in accounts established with Fidelity Investments. Having your accounts with Fidelity does not restrict the investments we select for your portfolio. In fact, we can choose from thousands of mutual funds and virtually every publicly traded stock and bond, with rare exceptions. Securities in accounts at Fidelity are protected by the Securities Investor Protection Corporation up to $500,000 and Fidelity has arranged for unlimited insurance protection for cash and securities to supplement this coverage. Of course, this coverage does not protect against a decline in the market value of securities. And, in addition to summary reports provided by us, you receive detailed monthly statements from Fidelity identifying all your current holdings and transactions. Please click here to learn further why we work with Fidelity.
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Retirement Planning
Investment Management