It’s clear that 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 also for the long succession of significant events that span your lifetime.
Asset allocation is a long-term strategy designed to help investors achieve their financial goals without assuming undue risk. By allocating your assets to a diverse variety of sectors and investments, we attempt to increase the likelihood of generating a more consistent, positive return over the long term. Depending on your risk tolerance, the economic environment, your specific objectives and other factors, your portfolio may include domestic and global stocks, fixed income, real estate and alternative investments.
Asset allocation does not ensure a profit nor protect against loss. Alternative Investments 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. International investing involves special risks, including currency fluctuations, differing financial accounting standards, and possible political and economic volatility.
Many investors understand the sense of relief that can come from placing the time-consuming task of managing wealth in the hands of financial professionals acting on their behalf and in their best interests.
With asset management, you set the direction and goals while our experienced team works together to help ensure proper implementation of an investment strategy that is based on your goals, comfort with risk and investment timeline. Ongoing communication and transparency help to ensure the strategy and portfolio remain consistent with your objectives and preferences.
Whether it’s providing income for a spouse, educating children or grandchildren or leaving money to your favorite charity, proper estate planning can help ensure that your assets accumulated over your lifetime are preserved for the use you have intended.
A well-designed estate plan can effectively help mitigate your family’s tax burden. We can offer financial strategies designed to efficiently manage the transfer of wealth from one generation to the next, and mitigate related tax issues.
By coordinating our efforts with your tax and legal professionals and working closely with you and your family, we will strive to help you establish a financial tradition that can be passed on for generations.
There’s much more to your life than simple transactions and returns. Similarly, there’s more to financial planning than just a portfolio and a retirement strategy. You have many things to plan for now, soon and well into the future, so we look at financial planning through a wide lens, and we develop strategies designed to keep you comfortable in the present while helping you reach your near- and long-term goals.
Our comprehensive financial planning services include:
- Net-worth analysis
- Cash flow planning
- Strategic asset allocation
- Retirement planning
- Traditional IRAs
- Roth IRAs
- Qualified retirement plans
- Company retirement plan rollovers
- Education planning
- Education savings accounts
- 529 college savings plans
- Custodial accounts
- Trust and estate planning
- Insurance and annuities
- Liquidity and cash flow strategies
- Tax planning and liability management
Because people are living longer today, the possibility of going 30 years without a paycheck takes careful retirement planning and disciplined investing. Once in retirement, preserving your wealth and maintaining your lifestyle are likely among your highest priorities. You aspire to stay in your home as long as you want and be able to leave behind the legacy you had envisioned. We can help you prepare for this most significant milestone in life.
If you’ve changed jobs or are retiring, rolling over your retirement assets to an IRA can be an excellent strategy. It is a non-taxable event when done properly – and gives you access to a wide range of investments and the convenience of having consolidated your savings in a single location.
In addition, flexible beneficiary designations may allow for the continued tax-deferred investing of inherited IRA assets. We can handle all details for you, including contacting your former plan administrator, opening your new rollover IRA and completing the paperwork.
In addition to rolling over your 401(k) to an IRA, there are other options. Here is a brief look at all your options. For additional information and what is suitable for your particular situation, please consult us.
- Leave money in your former employer’s plan, if permitted
- Roll over the assets to your new employer’s plan, if one is available and it is permitted.
- Rollover to an IRA
- Cash out the account
Be sure to consider all of your available options and the applicable fees and features of each option before moving your retirement assets.
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. For example, we can help you build a protective cushion with life insurance, preserve your estate with long-term care insurance and combine preservation and tax-advantaged growth opportunities with annuities.
We take a tax-sensitive approach to financial planning and work with you and your other professional advisors – accountants, tax attorneys – 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. Keep in mind that tax laws are often complex and frequently change.
Please note: changes in tax laws or regulations may occur at any time and as financial advisors of Raymond James, we are not qualified to render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Managing finances and investments is a wide-ranging endeavor. Throughout the process, we are often called to work with other professionals, such as attorneys and CPAs. We are adept at coordinating our activities with other professional advisors and we look forward to collaborating with any professionals with whom you have an existing relationship. This helps ensure that we account for and attend to all aspects of your financial life.
Cash flow analysis provides you with an on ongoing financial document that tracks your sources of income, uses of income, and the difference between the two. Analyzing your cash flow statements helps us create a spending plan or budget for you to potentially improve your overall financial position.
Raymond James’ Asset/Liability Management Services provides you with a robust, dynamic and comprehensive strategy for measuring, monitoring and managing risk. The service leverages the technology of the nationally recognized Sungard Bancware 6 model, employing the institution’s core account data and custom behavioral assumptions. The analytics and model outputs meet or exceed regulatory requirements and provide management with a powerful tool to aid in strategic decision-making.
We believe a comprehensive financial plan must consider and prepare for the unexpected – such as accidents, illnesses and disability. Our team helps you think ahead and consider different scenarios, then prepare contingency plans to address them. We understand that while risk cannot be eliminated, it can and should be mitigated.
Our risk analysis and management services include:
- Life insurance for income replacement
- Long-term care
- Disability insurance
- Liability insurance