Creating your personalized financial plan requires an in-depth understanding of your personality, goals and risk tolerance. Once we gather this information for you, we will develop customized strategies and put your plan in place. In assessing your specific financial needs and designing an appropriate plan, we use sequential approach:
Preparing for the future means protecting yourself properly. Therefore managing risk comes first when creating your comprehensive financial plan. We evaluate your needs and help ensure you are properly outfitted with life, long-term care and umbrella insurance.
When the time comes for your legacy to be passed on to your heirs, little room should be left for interpretation. Your detailed plan will help facilitate the smooth transfer of assets to your beneficiaries in accordance with your wishes. Along with setting up will and trusts, we can help in establishing medical directives such as power of attorney.
Many people pay too much in taxes. We'll design your plan using tax-efficient strategies that correspond with your specific needs, so you can keep more of your hard-earned money. Carefully timing recognition of gains and losses, along with proper use of tax-exempt* and deferred alternatives, is key to making the most of your income.
Knowing you'll have a planned income during your retirement years can contribute considerably to your well being. With social security and pensions becoming increasingly insufficient as sole means of planning, we will need to do a personalized cash flow analysis to determine which alternatives are suitable to help you achieve the retirement you've always envisioned.
Once we've completed our comprehensive assessment of your financial needs and objectives, we will create a portfolio of diversified alternatives designed to help you accomplish your goals. With an eye toward planned, long-term cash flow, as well as an ongoing focus on active risk management, we will guide your financial plan alongside you through life's various stages."
* Every investor's situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. There is no assurance that any investment will meet its investment objectives or that substantial losses will be avoided. Diversification and asset allocation do not ensure a profit or protect against a loss.
Raymond James does not provide tax or accounting services.