The Services

that encompass comprehensive wealth management

Your financial needs change over time, from accumulating wealth to planning for retirement to making your money last as long as possible through retirement. One constant, however, is our ability to help you pursue your goals throughout your whole life. Through the full spectrum of financial services we offer, we can help you plan not only for a wide range of needs, but for the long succession of significant events that span your lifetime.

Because people are living longer today, the possibility of going 30 years without a paycheck takes careful planning and disciplined investing. We can help you with every phase of planning for your retirement. During your working years, we'll develop and monitor a wealth accumulation plan based on your specific goals and objectives. As you approach retirement, we'll assist you with critical decisions regarding retirement plan options, pension and Social Security benefits, beneficiary review, healthcare and Medicare, and tax planning. Once you are retired, we will determine tax-efficient income and wealth transfer strategies designed to help you in retirement. LEARN MORE

As we get older, our circumstances continue to change, sometimes rapidly. What doesn’t change is the need to feel independent, to have social connections that enrich our lives and to be able to do the activities that bring us joy. Financial planning that can meaningfully address these quality of life issues can make all the difference.

We can help you sort through the possibilities and offer financial advice designed to guide you up to and through the retirement you’ve envisioned.

Even in retirement, housing remains the largest spending category. Where we choose to call home is an important decision, and one that deserves serious thought. Most retirees want to age in place. In a recent AARP survey, 89% of those 50 and older said they want to continue living in their homes indefinitely. However, there are a number of other options in retirement, and it’s best to think about the issue before it becomes an immediate need.

Points to consider:

  • 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

Safeguard your well-being

Your finances and your health are intertwined in complex ways. And as you age, health issues and their associated costs tend to add up. Consider that the average couple at age 65 can expect healthcare costs of $266,000 over a 20-year retirement – and that number doesn’t include any chronic conditions or health emergencies, according to the Employee Benefit Research Institute. An important part of financial planning is to help ensure that healthcare costs don’t become a drain on your quality of life.

Points to consider:

  • What will the treatment of existing medical conditions cost over the long term?
  • Do you know what costs Medicare will cover?
  • Should you consider long-term care insurance?

Addressing the need for TLC

It’s a sobering statistic: 70% of Americans age 65 (in 2014) will need some kind of long-term care during their lives, according to the Department of Health and Human Services. At some point, you may be providing care or receiving care, so this must be taken into account in long-term financial planning.

Points to consider:

  • Do you understand the full impact of being a caregiver?
  • How will you get the care you need as you age?
  • Is long-term care insurance a good idea for you?

Go where you want to

It may come as a surprise, but 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.

Points to consider:

  • 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?

We understand the challenges business owners often face. Most important, we recognize your business is unique. Working with you as a partner in your success, we'll take the time to understand your goals and help you address a wide variety of needs, including asset protection, cash management and capital needs assessment, employee retention programs, insurance, financing, business valuation, and succession plan documents and funding.

The rewards of providing uncommon vision and leadership can be significant, but with them often come unique challenges and risks, such as highly concentrated stock positions. We can help you with many different executive transactions, including employee stock ownership plans, stock option strategies, restricted securities, rule 144 executions, 10b5-1 sales plans and hedging and monetization for concentrated equity positions. In addition, we can assist with share repurchase programs, corporate cash management, executive benefit platforms, estate planning and retirement programs.

We offer financial guidance for important matters facing today's families, such as the support of aging parents, special-needs family members and domestic partners, as well as college planning. Funding a child 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.

Philanthropy can bring personal satisfaction, enabling you to support causes and organizations that matter most to you. It can result in significant tax advantages, as well – including income tax deductions, reduction of capital gains taxes, and lower estate taxes. We can help tailor a charitable giving plan for you that can include a charitable trust, donor advised fund, private family foundation, community foundation or outright gift.

Since insurance helps protect you in case of accident, illness, disability or death, it plays a crucial role in your comprehensive financial plan. Through Raymond James, we can provide a wide array of quality insurance alternatives that can offer an important layer of safety for you, your family, your business or your organization. We can help you build a protective cushion with life insurance and disability insurance, business overhead insurance, and liability insurance including umbrella coverage and key person insurance. In addition, we can also help preserve your estate with long-term care insurance and combine protection and tax-advantaged growth opportunities with annuities.

Asset allocation has been shown to be the most important single determinant of overall investment performance and risk.* Choosing the right mix of asset classes also can reduce portfolio volatility significantly. We make asset allocation a key component of our investment strategy, selecting a mix of asset classes that reflects your financial objectives, time horizon 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 reducing the risk of a concentrated equity position can be complicated, we can provide a variety of solutions that can hedge, monetize, diversify or transfer the position while managing the tax implications.

We take a tax-sensitive approach to financial planning and work with you and your other professional advisors to help minimize the impact of taxes. By developing and implementing strategies to lessen or shift current and future tax liabilities, we can 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.

A rewarding aspect of wealth is being able to share it with others. Working with your tax and legal professionals, we can help develop a plan that enables you to maintain your lifestyle now while building a financial legacy for the future.

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.

Through our affiliate, Raymond James Trust, N.A., we offer a full array of trust structures, including charitable-giving tools that may also feature tax advantages. 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.

We can collaborate with your accounting or legal professional to help ensure that important documents and matters are addressed, including wills and living wills, durable power of attorney, healthcare proxy, asset titling, estate tax funding strategies, family dynamics/family meetings.

Second Opinion Service
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Wealth Management Consultative Process
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The Client Experience
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Economic Commentary by Dr. Scott Brown
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Investment Strategy by Jeff Saut
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Bond Market Commentary
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