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Five-Step Asset Management Process
To Seeking A Successful Financial Future
- Through personal consultations, we develop a profile of your individual investment needs, objectives, time horizon, and attitude toward investing.
- We develop a personalized asset allocation and investment policy statement as identified in Step 1. This policy helps maximizes your investment returns relative to your risk tolerance through the carefully diversified allocation of your investments.
 Your asset allocation policy is implemented by investing in a well-diversified portfolio – diversified among asset classes and styles. Individual stocks, top quartile mutual fund selections, Limited Partnerships along with pre-eminent institutional money management firms may be used to accomplish your selected objectives.
- Your investment portfolio is carefully monitored to ensure that it remains consistent with your specific asset allocation policy. If the relative value of investment in your portfolio changes enough to become inconsistent with this policy, it is rebalanced.
- Conduct annual reviews to evaluate performance, review investment policy, and corresponding individual account allocation relative to life changes and personal preferences. Provide statements of your account(s) including total asset value and a record of all transactions that occurred during the reporting period.
Comprehensive Financial Planning
Services consist of, but not limited to:
- Gather appropriate data both quantitative (financial), subjective, related to client’s personal, business, professional situation
- Determine client objectives
- Evaluate and present plan status in relation to desired objectives
- Observation and evaluation of assets and their relative value to the current and desired plan
- Evaluate the advantages and disadvantages of each concept and planning opportunity
- Design a strategy/plan and time table to accomplish planning objectives
- Make recommendations for client consideration
- Work with other professional advisors in the planning and implementation of the plan
- Written recommendations for action, schedule of attainment, monitoring and review
Estate Planning
Services consist of, but not limited to:
- Gather appropriate data both quantitative (financial) and subjective related to client’s personal, business, professional situation
- Gather copies of existing wills, trusts, business agreements, tax documents
- Outline present situation in relation to current tax law and objectives of the client
- Evaluate the advantages and disadvantages of each concept and planning opportunity
- Design and implement a strategy/plan to accomplish client objectives and to minimize income and death taxes
- Make recommendations for client consideration
- Work with other professional advisors in the planning and implementation of the plan
- Written recommendations for action, schedule of attainment, monitoring and review
Qualified Plans
Services consist of but not limited to:
- Gather and review of census
- Review of existing plan – documents, tax reports, participant statements, summary descriptions
- Consider Plan Issues – Existing or Anticipated:
- Type
- Effectiveness
- Cost
- Compliance
- Amended or Alternative Plan
- Design
- Communication
- Implementation
- Education
- Liaison Services (non-fiduciary)
- Document preparation and review and filing assistance
- Investment services provider identification
- Compliance issues – identification and appointment of TPA and record keeping services provider – ongoing plan review
- Communication to employees
- Enrollment services
- Individual employee meeting and continued assistance
- Written recommendations addressing plan type, effectiveness, cost, compliance, plan risk, plan alternatives, opportunities and schedule of attainment, monitoring and review
Employee Benefit Planning
Services consist of but not limited to:
- Gather and review of employee census
- Review existing benefits
- Vacation/ Sick Leave Policy
- Employer Communication Practice
- Current Cost Review
- Non-discrimination Compliance Review
- Identify Exposures
- Design Benefit Structures – deductibles, co-insurance, eligibility criteria, elimination periods, benefit periods and amounts
- Funding Considerations
- Cost Sharing:
- Employer Paid
- Employee Paid
- Pre-tax 125
- Type Benefits:
- Life
- Medical
- Disability (long and short term)
- Dental/Vision
- Long Term Care
- Pre-paid Legal
- Optional Supplemental Benefits
- Cancer
- Intensive Care
- Employee communication materials design, preparation and presentation
- Compilation of comprehensive employer report and identification of cost saving and exposure limiting opportunities
- Comparable industry and competitor survey report
- Exposure and cost saving opportunity report
- Sample employee benefit letter and annual report
- Sample employer-employee benefit and cost report
- Written recommendations for action, schedule of attainment, monitoring and review
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