Financial Advisory Services
Our Financial Advisory Service is ongoing and includes:
- Initial Analysis and Evaluation – Where is your portfolio overexposed - What are the specific issues that you should be concerned about and our recommendations to restore your financial health. This evaluation will include an objective review of your portfolio to identify areas of risk as well as other weak spots in your finances.
- A full evaluation of your ability to take risk based upon completion of a detailed questionnaire and a full data in-take session
- A cash flow planning session to develop a spending plan, prepare for milestones and goals and to improve the effectiveness of your ability to make your money work for you.
- Prepare a strategy for your investments in the form of an Investment Policy Statement, which will position you to protect your assets and then grow them. This strategy is developed, based upon empirically proven and Nobel Prize winning methods, which have been proven over time.
- Prepare a retirement sufficiency analysis to plan for your retirement
- Evaluate and prepare for tax issues around investments
- Conduct a complete risk analysis around all potential weak spots which include
- Life, Health and Disability Insurance Analysis
- Property and Casualty Insurance Analysis
- Long Term Care Planning
- Assistance with formulating and revising estate plans - joint meetings with your estate attorney as required
- Assist the Client throughout the year in defining personal financial planning goals and objectives ongoing and as needed
- Review issues relating to small business ownership such as retirement plan formulation, tax savings ideas, etc.
- Quarterly and annual reviews
- Emphasis on educating the client on financial issues
- Advisor is available to accompany client to meetings or participate in teleconferences with accountants, insurance agents, and attorneys as requested.
- Access to Baron Financial Newsletter and other educational seminars
Customized Analysis to meet individual client needs may include any of the following:
- budgeting and bill paying
- business funding and management
- business succession planning
- car purchases
- cash flow development
- charitable giving
- college planning
- divorce financial planning
- employee benefits
- estate planning issues
- executive compensation
- gifting strategies
- goal setting
- implementation of financial goals
- insurance needs
- investment strategy
- issues involving employers and career changes
- mortgage issues
- portfolio design
- quarterly review and rebalancing
- real estate investing opportunities
- retirement income distribution planning
- retirement planning
- tax planning
- wealth accumulation
- wealth transfer to younger generations
- everything relating to financial success not specifically mentioned
