A FULL SPECTRUM
of financial services

We offer an extensive range of services that goes beyond what you might expect from the typical financial planner. You can count on us for almost any financial-related need you encounter. It’s this commitment to a comprehensive, holistic approach that allows us to provide the highest level of service and convenience for addressing the busy, multifaceted life you lead.

Our team offers comprehensive wealth management services that go far beyond just typical investment management to address every essential matter that money touches. It’s all in an effort to best serve you and your family, today and for every significant milestone along life’s journey.

In today’s often complex marketplace, even the most sophisticated investor is challenged to keep up and respond to changing conditions. By utilizing asset allocation strategies and carefully selected money managers across a diverse range of equity and fixed-income disciplines, our goal is to provide you with an institutional-quality portfolio designed to help achieve financial objectives.

Asset allocation does not guarantee a profit nor protect against losses.

Our objectives are to preserve your wealth, achieve a reasonable rate of return, and counter the erosive effects of inflation and taxes. We know that a proper asset allocation among cash, equity, fixed-income securities and alternative investments can be an effective way to pursue investment goals. We believe the formula for successful and effective investment management should include the key components of skilled investment research, long-term planning and a well-managed professional relationship.

Asset allocation does not guarantee a profit nor protect against loss. Alternative Investments are not suitable for every investor. They involve substantial risks that may be greater than those associated with traditional investments and may be offered only to clients who meet specific suitability requirements, including minimum net worth tests. There is no assurance that any investment will meet its investment objectives or that substantial losses will be avoided.

Preserving your wealth and maintaining your standard of living are among your highest priorities. Because people are living longer today, the possibility of spending 30 years in retirement requires careful planning and disciplined investing. We can design a plan focused on generating an income during retirement. We can also assist you with longevity planning, required minimum distributions, income planning, tax strategies, proper account titling and beneficiaries, multigenerational wealth transfer, charitable giving, asset protection and reallocation.

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Through Raymond James, we offer personal lines of credit,* investment accounts with check writing, online bill payment, enhanced reporting and more. We can also assist you in evaluating short-term interest-bearing instruments such as brokered certificates of deposit and cash sweep options.

*The personal line of credit is through a margin account.

A margin account may not be suitable for all investors. Borrowing on margin and using securities as collateral involves a high degree of risk, and an investor can lose more funds than he or she deposited in the account. Market conditions can magnify any potential for loss. If the market turns against the investor, he or she may be required to deposit additional securities and/or cash in the account. The securities in the account may be sold by the firm to meet the margin call, and the firm can sell the investor’s securities without contacting them. An investor is not entitled to choose which securities or other assets in his or her account are liquidated or sold to meet a margin call. The firm can increase its maintenance margin requirements at any time and is not required to provide an investor advance written notice. An investor is not entitled to an extension of time on a margin call. The interest rates charged are determined by the amount borrowed. Please visit sec.gov/investor/pubs/margin.htm for additional information.

If you retire or change jobs, rolling over your retirement assets to an IRA can be a good move. It is a non-taxable event when done properly, gives you access to a wide range of investments, and offers the convenience of consolidating your savings in a single location.

If an objective of your IRA is to provide for your beneficiaries, you may be interested in what are called stretch provisions. These provisions, when written into your IRA plan document, will allow your beneficiaries to take distributions over their life expectancy as outlined in the Internal Revenue Code. Some stretch provisions will allow you to designate second-, third- or even fourth-generation beneficiaries, if life expectancy allows for it.

In addition to rolling over your 401(k) to an IRA, there are other options. We can help you determine which is most suitable for your specific situation. Here is a brief look at all the choices.

  • Leave money in your former employer’s plan (if permitted) You may choose to leave your money where it is if the investments offered are to your liking, and there is no additional fee for leaving your money in the plan. (The typical internal expenses still apply.) It is not a taxable event.
  • Roll over the assets to your new employer’s plan (if available and permitted) It’s also not a taxable event, and keeping all your money together in one place means you have a larger sum of money working for you. There is also the benefit of convenience. Keep in mind, however, that not all employer plans accept rollovers.
  • Roll over to an IRA As discussed above, this is not a taxable event. There is the convenience factor of consolidating your accounts, and you will likely have more investment options. 401(k) plans usually do not have a rollover fee or termination fee.
  • Cash out the account This is a taxable event, and, of course, there is also the loss of investing potential. It is even more costly if you are under the age of 59½; in addition to income taxes, there is a penalty of 10%.

You should carefully consider all of your available options and the applicable fees and features of each before moving your retirement assets.

Preserving your assets and managing risk take on added urgency when you’ve reached a certain level of wealth. Maintaining your standard of living, providing for your family, generating income with minimal tax consequences, and safeguarding your wealth against unexpected events are concerns that we address for you – so you can focus on enjoying your life.

Asset allocation is one of the most important determinants of overall investment performance.* Choosing the appropriate mix of asset classes can also reduce portfolio volatility. We make asset allocation a key component of our investment strategy, selecting a mix of asset classes that reflects your financial objectives, timeline and risk tolerance.

*Asset allocation does not guarantee a profit or protect against a loss.

Family wealth is often concentrated in a single stock, either inherited or earned during a successful business career. If you’re in this situation, there are many options available beyond simply selling the stock. Although mitigating the risk of a concentrated equity position can be complicated, we can provide a variety of strategies that can hedge, monetize, diversify or transfer the position while managing the tax implications.

Because insurance protects you from the unexpected, it plays a crucial role in your comprehensive financial plan. Raymond James provides a wide array of quality insurance alternatives, including life insurance, long-term care insurance and annuities. They can offer an important layer of safety for you, your family or your business.

We take a tax-sensitive approach to financial planning and work with you and your other professional advisors – accountants and tax attorneys – to help minimize the impact of taxes. By developing and implementing strategies designed to lessen or shift current and future tax liabilities, we can help improve your prospects for meeting your financial objectives. In addition to impacting your life today, prudent tax planning can play a large role in the amount of wealth you will be able to someday transfer to your heirs.

While we are familiar with the tax provisions of the issues presented herein, as financial advisors of RJFS, we are not qualified to render advice on tax or legal matters. You should discuss tax or legal matters with the appropriate professional.

What do you want to leave behind? How do you want to be remembered and who do you want to help? The wisest of people understand the impact of making their mark and making a difference. We can help you do just that. By collaborating with tax and legal professionals, we can help develop a plan that enables you to maintain your lifestyle now while leaving a meaningful legacy long after you’re gone.

Whether it’s providing income for a spouse, educating children or grandchildren or leaving money to your favorite charity, proper estate planning can ensure that your assets accumulated over your lifetime are protected and preserved for the use you have intended.

Giving can not only help the organizations you choose, but can also generate personal tax benefits and advance your wealth management plan. We can help you with solutions that include private family foundations, charitable trusts, charitable gift annuities, pooled-income funds and donor-advised funds.

Through Raymond James Trust, N.A., we offer a full array of trust structures, including executor and estate settlement services, agent/trustee services, corporate trustee services, and charitable-giving tools that may also feature tax advantages. These include the Raymond James Charitable Endowment Fund, donor-advised funds, pooled income funds, charitable remainder trusts and charitable remainder annuity trusts.

Under its federal charter, Raymond James Trust may act as trustee, custodian, agent to the trustee or personal representative/executor in a wide variety of trust and estate situations. In these roles, it offers estate settlement services to facilitate what is often a complex and technically demanding process.

Whether your goal is to minimize estate taxes, help ensure you have the funds you need down the road, provide for a loved one or spell out exactly how you want your wishes to be carried out, we can help.

Funding a child’s or grandchild’s higher education can be a personally rewarding use of your wealth. We can help you provide for this opportunity with investment vehicles such as 529 college savings accounts and specialized trust vehicles.

Earnings in 529 plans are not subject to federal tax and in most cases state tax, as long as you use withdrawals for eligible college expenses, such as tuition and room and board. However, if you withdraw money from a 529 plan and do not use it on an eligible college expense, you generally will be subject to income tax and an additional 10% federal tax penalty on earnings. An investor should consider, before investing, whether the investor’s or designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program.

Many of today's retirees can expect to spend 30 years or more enjoying the fruits of their labor. That's why it's increasingly important not simply to plan for retirement, but to plan for longevity in retirement - all of the years it might last, all of the ways your life will change and all of the events you can't foresee.

In addition to the financial implications, retirement has life implications. Our knowledgeable and experienced team can help you sort through the possibilities and offer financial advice designed to guide you up to and through the retirement you’ve envisioned.

Ask yourself these key retirement questions:

Whether you’re bound for a dream home or planning to stay put, housing likely will be your biggest expense in retirement. While aging in the comfort of your own home would be ideal, modifications to the home – or your plan – could be necessary as mobility and transportation challenges arise.

Let’s talk about:

  • Do you want to stay in your home? Will it need to be modified?
  • What housing options are available to you, and what will they cost?
  • Would you want to downsize? Relocate to a pedestrian-friendly neighborhood?

Being mobile means being independent. And retirement life brings more opportunity to go where you want whenever you want. That may help explain why transportation is the second largest expense for individuals older than 65 and accounts for about 15% of their annual expenditures, according to the Bureau of Labor Statistics. That’s why we make sure to account for it as part of your long-term financial plan.

Let's talk about:

  • How will you get to your favorite places in retirement?
  • Who will assist you if you can't drive yourself somewhere?
  • What transportation options are available in your area?

Your health and your finances are intertwined in complex ways. Most expect Medicare to pay for their healthcare expenses in retirement. But, in reality, Medicare pays only 60% of healthcare costs* - you still will have premiums, copays, and deductibles. As you age, healthcare costs can add up.

Let's talk about:

  • Do you have an existing condition? What will treatment cost over the long term?
  • Do you know what costs Medicare will cover?
  • How will you pay for what Medicare doesn't?
  • Have you considered Medigap?

*Employee Benefit Research Institute, 2015

As we all live longer, chances are you may, at some point, provide care for a loved one or receive care yourself. Becoming a caregiver can be not only stressful, but also can have financial consequences if it requires taking time away from work. And long-term care is not covered by Medicare.

Let's talk about:

  • Do you understand the full impact of being a caregiver?
  • How will you get the care you need as you age?
  • Should you consider long-term care insurance?

Giving yourself every opportunity to save enough for a long, fulfilling life requires careful, detailed longevity planning - strategies for saving, investing and taking withdrawals. Making the right Social Security claiming decisions is vital to optimizing your retirement income strategy.

Let's talk about:

  • When are you planning to retire?
  • What sources of income will you have in retirement?
  • How much income you will need in retirement?
Someone’s sitting in the shade today because someone planted a tree a long time ago.
Warren Buffett