Investment Management
When most retirees seek out a financial advisor, they are looking primarily for investment expertise. We therefore leverage the resources of institutional asset managers to establish appropriate, academically sound, allocations for our clients’ accounts and place trades in line with our investment philosophy in coordination with our client’s goals and preferences. We custody client assets at Charles Schwab. For more on this topic, and to understand how we compare with other advisors, see 10 questions we recommend you ask when considering any financial advisor.
Income Management
Every retiree asks the same question. “How much can I spend?” To answer that question, we avoid rules of thumb and instead walkthrough a detailed analysis that incorporates our clients’ long-term goals, assets, outside sources of income, and risk preferences.
Tax Planning
Since taxes are typically one of a retiree’s largest expenses, taxes are at the center of every decision we make. We will annually review our client’s tax returns, plan around opportunities, and coordinate with the tax preparer to make sure all strategies are appropriately accounted for.
Estate planning
Whether you are passing assets to future generations or supporting important charitable organizations, we make sure the correct documents, language, account types, and beneficiary designations are in place. Just as importantly, we review these items on a regular basis to make sure they remain coordinated as your life and goals change throughout retirement. When legal documents need to be drafted or updated, we will coordinate with your estate attorney. If you don’t have an estate attorney, we can provide referrals and help you identify the person or firm that is most likely to be the right fit.
Insurance planning
While we do not sell insurance, we fully understand how different products fit into our client’s retirement plans. We’ll regularly review our clients' policies and where appropriate, coordinate with trusted insurance advisors to make sure the Medicare, life, long-term care, and property insurance policies are all appropriate and in coordination with the rest of the plan.