WealthGuard™ is an ongoing process of logical and professionally accepted steps through which we develop, implement and consistently monitor a clients’ financial plan for retirement. It is through this process that our clients develop a sense that their plan is likely to provide them with a comfortable income through their retirement years. Each plan is individually designed and investment performance is consistently monitored which allows our client’s comfort level to rise each time the results meet the plan’s expectations. The process consists of four basic steps.
Plan Development
- Goal setting and understanding the client’s concerns and issues
- Evaluation of:
- Assets available to provide for the plan’s goals
- Asset allocation/ diversification of existing assets
- Risk Tolerance
- Existing assets performance ranking
- Existing tax situation
- Monte Carlo simulation of the plan’s likely comfort level
- Provide client with a written plan including:
- Cash Flow analysis
- Monte Carlo results
- Current allocation
- Current investment analysis
Recommendations
- Provide recommendations for necessary changes to:
- Asset allocation plan
- Individual assets (Which assets to buy, sell or hold)
- Ownership and methods of holding assets to facilitate eventual passing to heirs
Implementation
- Upon acceptance of the plan, implementation is begun with specific attention paid to tax and expense implications.
- Transfer is managed by our staff to ensure that all transactions are completed in a timely manner
Review and Monitor
- Client reviews are done quarterly and include:
- Evaluation of investment performance
- Discussion of recommended changes
- Comparison to the appropriate index(s)
- Comparison to the plan
- Adjustments to the plan as necessary
- Tax Planning and Evaluation (twice a year)
- Will Evaluation (every three years)
- Estate planning needs review
- Insurance reviews
- Life
- LTC
- Medicare
- Survivorship Life
Please note that:
- Our plans are not based on trying to guess or predict what might be the next great investment, the next hot mutual fund or who is going to win the next election.
- Our plans are designed to reach your goals with as little risk as possible. We use a system that is based on your personal asset allocation model, and uses diligence and statistics to attempt to provide superior performance from the growth portion of your investments, as well as a structured plan to improve the return on your income producing investments.
- Our recommendations are not based on or influenced by commissions earned on product sales. The fees we charge are for the advice we provide. Since we are compensated as a percentage of your assets that we manage, our interests are more closely aligned with yours. We charge a fee for our advice. Mutual funds are provided on a no commission* basis using A shares or institutional shares where applicable. Our focus is on attempting to provide you with investment performance in line with your risk parameters through consistent fund management and evaluation, expense management and tax reduction planning. There is no penalty should you decide to leave. We want you here because you are happy with our services.
* Most mutual funds are available through TD Ameritrade or Fidelity with no transaction charges. While we attempt to use those funds some transactions may incur a transaction fee. All fees are disclosed in advance.
