Financial Planning Services
Financial Planning generally involves assessing a client’s assets and liabilities, income and expenses, risk tolerance, tax exposure, and estate planning needs. The financial planning process takes a detailed look at a client’s personal financial needs and goals for the future, with the objective of creating and implementing a financial plan designed to help each client achieve their financial goals.
Not every client needs the extensive financial or retirement planning services provided by a CERTIFIED FINANCIAL PLANNER™ practitioner. Michael will work with each client to determine the planning services appropriate for their unique situation.
Services offered by Michael may touch upon several financial areas, including:
Investments
Individualized management of investment assets (Investment Management clients only).
Formulation and prioritization of short-term and long-term financial goals.
Analysis of cash flow needs.
Evaluation of current or prospective investment portfolio and suitability.
Retirement Planning
Formulation of retirement goals and budgets.
Determination of income and assets required to meet retirement goals.
Evaluation of retirement investment vehicles.
Evaluation of retirement plan distribution options.
Taxation
Analysis of tax implications of investments and property.
Analysis of gift tax and estate tax situations.
Preparation of individual tax returns (Investment Management clients only).
Estate Planning
Explanation of Estate Planning needs and documentation, including Wills, Trusts, Community Property Agreements, Directives to Physicians, and Powers of Attorney.
Evaluation of current or prospective fiduciary representatives.
Assistance with coordination of estate plans with insurance and investment plans.
Insurance
Evaluation of property, liability, health, disability, life and long term care insurance needs.
Assistance with coordination of policy coverage and selection.
Your Invitation
Michael invites you to contact him to discuss your goals and financial planning concerns.