Wealth Management
We have years of experience as private wealth managers, ready to guide you through life's transitions. Our services include:
- Comprehensive, Holistic Financial Planning
- Capital Gain and other Tax Planning Strategies
- Multi-generational Wealth Transfer Strategies
- Business Succession Planning
- Tax-Efficient Charitable Giving & Philanthropy
- Wealth Replacement Strategies
We have years of experience as private wealth managers, ready to guide you through life's transitions. Our services include:
Comprehensive Financial Planning
Financial planning is a thorough, comprehensive process that involves evaluating an individual's current financial situation, setting financial goals and objectives, and creating a strategy to achieve those goals and objectives. This process typically encompasses various topics such as budgeting, saving, investing, risk management, and retirement planning. Financial planners analyze income, taxes, expenses, assets, and liabilities to develop a tailored plan that aligns with the client's short-term and long-term financial aspirations. By considering factors such as risk tolerance, time horizon, and financial objectives, financial planning aims to optimize resources, minimize uncertainties, and pave the way for a more secure and prosperous financial future
Portfolio Management
Today, you have the option of investing in actively managed portfolios that are tailored to meet your individual requirements. These portfolios offer a wide range of investment options, including low-fee ETFs, and the opportunity to invest in different asset classes, including alternative investments. Additionally, you have the flexibility to choose your own stocks to include in your portfolio.
Modern portfolio management includes access to top-tier Wall Street money managers without multi-million-dollar account minimums or unreasonable fees.
We don't make get-rich-quick promises, we don't sell proprietary products, and we don't answer to shareholders - we only answer to you.
Advanced and Custom Employer-Sponsored Retirement Plans
As a retirement plan sponsor, it's crucial to understand that you are a fiduciary. This means that you are legally required to adhere to all the rules and regulations set forth by the Department of Labor. Failure to comply with these rules and regulations can lead to significant fines and penalties.
We provide consulting services for employer-sponsored retirement plans that are both cost-effective and full-service.
Retirement Planning
Retirement planning is a savings strategy that aims to maintain your current standard of living while also ensuring that you save enough to support your desired lifestyle during retirement. However, it encompasses much more than just saving money, and being well-informed will help you be better prepared.
Asset Protection Solutions - Risk Management
We spend our entire lives working hard to build wealth to secure a financial future, but a single devastating event can erase everything we've worked for. Thankfully, insurance offers a cost-effective solution to minimize the potential risks to our financial security.
Nevertheless, developing an effective risk management strategy can be complex and cumbersome and may require assistance from a licensed financial professional, preferably with an insurance background and substantial experience.
In our experience, it's not uncommon to encounter insurance agents who may not always act in the best interest of their clients. In many cases, they are not legally obligated to do so. This is because many insurance agents are held to a suitability standard of care instead of the industry’s highest standard, a fiduciary standard. The suitability standard means that they are only required to recommend insurance products that are suitable for their client's specific objectives rather than what’s in their best interest. As a result, they could prioritize their own interest or their employer's interest over the client's.
Don't risk that consumer being you. At My Personal Financial Advisor, we are held to a fiduciary standard of care requiring us to put our clients’ interests first. If you want someone on your side, we can help.
Portfolio Assessment and Evaluation
It's crucial to your future financial security not to become too complacent with your investments or those who manage them. Holding those who have been chosen to act in your best interests accountable is a prudent decision. You should always expect the best from your trusted advisors, and one effective way to ensure this is by having an objective third party periodically review not only the assets in your account, but also the performance of your account relative to the market over time, how your allocation matches your appetite for risk, and the qualifications of your advisor.
Personal Tax Return Review
We provide a thorough and impartial evaluation of your federal tax returns as an independent third-party service. We are not accountants and do not prepare taxes, ensuring that our assessment is unbiased. However, as part of the financial planning process, we review tax returns to help identify tax planning opportunities.
At My Personal Financial Advisor, we want to help you do life better.
Trust Evaluation
We offer an independent, third-party review and assessment of your existing or proposed trust documents. We don't sell or create trusts, so our assessment is unbiased. We are not attorneys, but our knowledge and experience could help you ask better questions about other options, concerns, or strategies that could produce a better result at a more favorable price.
If you're considering creating a trust or have a trust that hasn't been reviewed recently, My Personal Financial Advisor can help.
Inflation & Retirement
Tax & Estate Strategies for Married LGBTQ+ Couples
