Why Do I Need Personal Financial Planning?

Two Reasons: to gain financial clarity about your wealth and to organize your finances in the most efficient manner in order to reduce taxes, create a personalized investment policy, provide adequate risk management, save time, and attain financial peace of mind.

But Can't I Do That Myself?

Perhaps, but will you? Most business owners and professionals are finding it increasingly difficult to plan adequately for their personal financial growth and security. Among the most common reasons for their frustrations are:

  • Lack of time
  • The wide variety of today’s investment opportunities
  • The complexity of ever-changing tax laws
  • The entwining of employee compensation and benefits

What Is Typically Included In A Comprehensive Financial Plan?

A plan may range from less than 50 pages to over 150 pages, based on the complexity of circumstances and the degree of explanation and detail. Depending on your specific needs, your plan would include some or all of the services below:

  • Goals, Objectives, and Purpose Development
  • Cash Flow Budgeting Analysis
  • Capital Management (debt and investment portfolios)
  • Estate Planning and Liquidity Analysis
  • Income Tax Planning
  • Retirement (forecasting benefits, costs, and options)
  • Insurance Needs Analysis (life, property, casualty, and disability)
  • Educational Funding Requirements
  • Employee Benefit Analysis (coordinate personal holdings)
  • Closely-held Business Analysis