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 helps
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 help 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 help client’s
charitable goals at death
