Frequently Asked Questions

Q: When do individuals usually seek financial advice?

A: We find that seeking financial advice is something that people do when a significant emotional event occurs in their life. These events include the birth of a child, marriage, job changes, divorce, retirement or the death of a loved one. It is at these times that people tend to get off the merry-go round of life and take stock of how things have changed and what the next steps are moving forward. Often times people don't know what those next steps are, and that's where we can help.

Q: What are the advantages of working with a financial advisor?

A: A good financial advisor will take a comprehensive approach in establishing action plans for accomplishing your goals and objectives. This includes not only investment advice, but also tax planning, employee benefit utilization, debt management, life, health, disability, and long term care insurance advice, estate planning, gifting strategies, business succession planning, etc. Having one person advise you in all these areas makes for a coordinated approach to accomplishing your goals and objectives. Working with such an advisor who offers objectivity, support, and guidance can ultimately help you implement the proper action plans and stay focused on your overall goals.

Q: What are two important factors as I consider retirement?

A: Peace of Mind - This uncertain world calls into question retirement account values, pensions, and even social security. Knowing, however, that your retirement income source can grow prior to retirement despite market downturns provides peace of mind. Allocating your investments to reflect your changing attitude toward risk and being able to confidently project your income at retirement adds to that peace of mind. Finally, knowing that you will not outlive your retirement income allows you to plan for your future and develop the lifestyle that it will support.

A: Security for you and your family can possibly be achieved by proper titling of assets, designating appropriate beneficiaries, considering income and estate tax, effectively using your employer benefits, and protecting your assets from unknown risks. All of these need to be incorporated into your retirement planning.