Wealth Management
We work with individuals, families, professionals, and business owners in all stages of wealth, whether they are in the early accumulation phase or have already built a nest egg. Regardless of their circumstances, many want to plan for the future and feel more confident in their situation. In order to assist a wide array of clients with unique needs, we offer a number of services, including:
Investment Management*
We can create an investment strategy that aligns with a client’s unique goals, comfort level, expectations, and tax implications. Because investment management is something that should be adjusted as goals evolve and portfolios change, we work with clients on an ongoing basis to monitor and rebalance as needed. We can assist with:
- Bonds
- Common Stock
- Educational IRA
- Traditional IRA
- Roth IRA
- SEP IRA
- Simple IRA
- Brokerage Accounts
- Treasury Bills
- Government Securities
- Treasury Notes
- Variable Annuity
- Principal Protected Market Linked CDs
- Mutual Funds
- Exchange Traded Funds (ETFs)
- Options
- Life Insurance
Retirement Planning*
We seek to identify opportunities for building a consistent income that will last through retirement and help clients determine when they may be able to retire. The retirement income planning process often includes analyzing income sources, managing assets, and determining future expenses. Beyond developing a retirement plan, we can offer clients advice on long-term care insurance, IRA rollovers, and other financial elements of retirement.
Legacy Planning
Estate planning is critical for ensuring one’s wishes are carried out. Without a plan, the state will handle the assets according to probate laws and taxes can quickly add up. We can help clients identify how they want to pass on their assets, who will receive what, and when and how. Additionally, we can work with clients’ attorneys to help ensure an estate plan is in place.
Education Planning*
Funding a child’s education may be one of the most important expenses a family faces. The longer one delays starting a college savings plan, the more money they will have to save. Although the most important considerations in choosing a college program are educational, there are financial ones as well. We can help families understand the costs of a college education and evaluate ways to help them start saving today.
Business Planning
For small business owners, proactive business planning may help avoid common pitfalls. From selecting employee retirement, benefit, and insurance plans to maximizing tax credits, we can help businesses with a number of needs.
Cash Flow Analysis & Debt Management
Everyone knows they should spend less than they earn, but not everyone actually does this. Working together, we can identify where a client’s cash is going each month and evaluate potential opportunities to improve their cash flow through proper debt management. We can also help clients determine if certain strategies, such as refinancing, debt consolidation, or changing their tax withholding, could be advantageous to their situation.
Insurance
There are a number of different insurance options available, which can make it difficult to determine what policies are most appropriate. We help educate clients on insurance options, including life, disability, and long-term care insurance.
*These services are offered by Albert Davidoo through his affiliation with Avantax.