The 13 Wealth Management Steps

We serve each client’s individual needs by providing a high level of service through a 13-Step Wealth Management Assessment, which allows us to provide assistance with:

• Investments – Provide an asset allocation and portfolio review

• Insurance – Assess client’s life, disability, and long-term care insurance needs and assist in evaluating existing insurance policies

• Liabilities – Take into consideration client’s liabilities and net worth

• Qualified Retirement Plan/IRA – Review current contribution amounts, investment alternatives, and plan limits

• Stock Options – Prepare an exercise strategy for qualified and non-qualified stock options

• Business Succession Planning – Work with client’s attorney to develop a succession plan that meets stated goals

• Durable Power of Attorney – Discuss existing powers of attorney

• Gifting to Children/Descendants – Assist in determining family gifting goals and work with client’s attorney to identify opportunities for wealth transfer to heirs

• Lifetime Charitable Gifting – Assist in determining charitable gifting goals and work with client’s attorney to identify possible gifting strategies

• Titling of Assets – Review current titling of assets with client and his/her attorney to determine if appropriate to meet estate planning objectives

• Executor/Trustee – Discuss existing executor/trustee designations in light of client’s distribution goals

• Distribution Plan at Death to Spouse/Descendents – Assist client in identifying family wealth transfer goals and objectives with client’s attorney in implementing estate planning documents

• Charitable Gifting at Death – Assist attorney in determining gifting strategies to meet client’s charitable goals at death