Our firm will work with you in a total wealth
management approach. Working together, we will
spend significant time on five key areas, assuring
that these resonate with your goals and objectives.
Below are the areas of financial planning focus,
including questions to address en route to developing
and maintaining your financial plan. Please begin
to formulate your thoughts, questions, and feelings
relating to these areas of focus. _________________________________________________________________
Budgeting: Establish a budget
for distribution of income and expenses in order
to optimize your business and personal income
and expense statement.
Asset and Income Protection: Establish
an articulated risk management policy with respect
to personal property, business interests, and
income replacement. " Do you have an appropriate
amount of life insurance, consistent with an articulated
" Do you have too much or too little disability
protection given assets/income and will it pay
you if unable to work?
" Have you protected yourself against catastrophic
loss due to long-term care, property losses, and
" Are your business interests adequately
Tax Management and Reduction/Planning
" Did you use all reasonable means to reduce
" Are your estate planning and investment
planning policies integrated with your tax planning
" Did you receive income from all sources
(earnings, gifts, social security, and pensions)
that was expected this year?
" Did you spend according to plan?
" Have you access to as much debt as reasonably
possible and at the best available rates?
" Have you set aside enough cash for purchases
to be made in the next three years?
Investment Planning: Establish
and monitor a formal Investment Policy Statement,
which acts as a blueprint for both strategic and
tactical portfolio decisions.
" Is your portfolio positioned appropriately?
" Were your annual contributions or withdrawals
" How did your actual rate of return compare
with the expected rate (CPI plus target percentage)?
" Was the portfolio income tax-efficient?
Retirement Planning: Determine
your retirement timeframe, activities, and required
(and discretionary) income
" Are you participating in an employer sponsored
" Are your retirement savings accounts integrated
with your tax and estate planning strategies?
" Are you saving a sufficient amount to properly
fund retirement at your preferred date?
Estate Planning: Assure that
your affairs are managed according to your wishes
throughout your financial life, which will generally
exceed your mortality.
" Do you need and have necessary planning
documents (power of attorney, health care doc,
" Does your will or trust match your wealth
" Have you established and funded all necessary
" Are your assets titled correctly and have
your set up appropriate beneficiary designations?