Investment Portfolio Management

Your savings and investments play a major role in the Advanced Wealth Planning process. Our role is to provide you sound, quality advice when it comes to how you invest and monitor the funds you have set aside to reach your financial goals.

Nearly all the investment accounts we manage for our clients are discretionary accounts. We manage the day-to-day activities including constructing, trading and re-balancing on your behalf while strictly following parameters based on your individual risk tolerance and long-term objectives identified during the planning process and formally outlined in your individualized “Investment Policy Statement.” A common theme found in all our portfolios however is broad diversification across the major sectors, asset classes, market capitalizations and geographic regions while employing a long-term investing approach. Special attention is paid to tax efficiency when managing your taxable accounts.

Life, Disability & Long Term-Care Insurance

Insurance products play a vital role in Advance Wealth Planning. Your ability to earn an income and control expenses is critical to the success of any plan. Insurance products provide a back stop in the event an accident, illness or loss of life interrupts the flow of income or your control of expenses.

Our independence allows us to work with many insurance providers which is critical in today’s insurance market as there are more product solutions available in the market today than ever before. Because of this, it is quite impossible for one carrier, no matter how good to provide the best solutions the market offers for every situation and product type. The company that offers the best-in-class life insurance product may not offer the same for long-term care insurance. Some of the insurance companies we work with include but are not limited to:

The Guardian, Massachusetts Mutual Life, Lincoln Financial, Principal Financial Group, John Hancock Life, Mutual of Omaha, Jackson National Life, Prudential Life, New York Life.

Retirement Income Planning

Retirement planning has two distinct stages. The first is the accumulation of wealth stage which spans from the time you start saving and investing and ends when you retire. The second is when you retire or begin to draw on your life’s savings and ends at your death. Both are part of your overall life long wealth plan, however the objective’s and goals in each stage couldn’t be more different. Retirement income planning focuses on the most efficient manner to draw down what you’ve spent a lifetime building up. Special attention is paid to tax efficiency and lifetime income.

Estate, Charitable Gift & Legacy Planning

Estate planning encompasses a broad array of topics ranging from establishing wills and medical directives to beneficiary designations to complex gift planning. During your planning process, we will discuss various aspects of estate planning as it pertains to your situation and provide the necessary guidance and introductions to qualified legal and tax professionals to address your needs and goals.

Business Succession Planning

If you are an owner or co-owner of a closely held family business, then you likely find yourself thinking about what you may want for your business and your family once you retire or unexpectedly leave the business prematurely. Whether you’re planning to pass your business to the next generation, sell to a valued employee or partner or sell in the open market, we have the tools, products and knowledge to help you achieve your objective. Partnership Agreements and Key-Man funding are common strategies used when planning for the transition of your business.