Advanced Planning Wealth Management Process

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True wealth management involves substantially more than just investment consulting. Wealth management is the analysis and preparation of advanced planning techniques revolving around five specific areas.
1. Wealth Preservation.
2. Wealth Enhancement.
3. Wealth Transfer.
4. Wealth Protection.
5. Charitable Giving.

The basis of developing any advanced planning wealth management strategy revolves around the meeting where YOUR Life’s Portrait was developed. In the meeting following the YOUR Life’s Portrait meeting, we will present to you an initial findings report. That report is our preliminary financial assessment. We will be sharing our observations and the potential opportunities we believe exist.

At the Implementation Meeting, we will present the advanced plan, which contains a range of recommendations, each designed to address a specific financial concern. Some of them will be created by us, and some will come from our professional network.

Every advanced plan will deal with the key areas of your financial life beyond your investments:

⦁ Wealth enhancement aims to optimize your cash flow and liquidity while mitigating income taxes.
⦁ Wealth transfer identifies the most tax-efficient ways to pass assets to succeeding generations while preserving and promoting your values.
⦁ Wealth protection and preservation aim to protect your wealth against catastrophic loss, creditors, litigants, children’s spouses, and potential ex-spouses.
⦁ Charitable giving helps maximize and formalize your philanthropic endeavors.

Regular Progress Meetings provide the opportunity to continue to build our rapport while we work to help improve your potential of obtaining all that is most important to you. At each meeting, we will look to uncover any changes in your life—a job change or the birth of a grandchild, for example—that might require us to make adjustments to the wealth management plan. We will also review your progress to ensure that you are on track to pursuing key goals. Regular progress meetings may be more frequent at the onset.

Schedule an Introductory Call with Randy