Give us a call and we’ll schedule an introductory meeting. Don’t be shy…your future depends on it.
So how do you find out what type of adviser someone is? Ask your adviser what broker-dealer they are registered with. If they are a Fee-Based adviser, a broker dealer will be listed on their website and business cards, and you’ll see words like ‘Securities offered by…..’ and acronyms like SIPC and FINRA, followed by lots of legal disclaimers. Fee-Only advisers like Shakespeare, must register with the SEC and do not have to register with a broker dealer.
- A more complex financial situation relative to your average investor
- Several moving parts to a financial plan, including multiple retirement accounts, investment accounts, real estate investments, second homes, businesses, LLC investments, complex family dynamics and more.
- Clients who have saved consistently throughout their life and whose asset levels now require the guidance of a more sophisticated adviser
- Clients preparing for retirement, needing help navigating Social Security, Medicare, 401k Rollovers, Pension distributions, tax planning, and more
- People experiencing life transitions, such as loss of a loved one, divorce, widowed, business sale, retirement, career change, and more.
- Clients whose number one asset is their family, and who have a strong desire to provide contingency planning for their family. They want to make sure they have a trusted adviser in place to help manage the family’s finances before a sickness or death occurs.
- Many of our clients live modest lives but have accumulated significant assets.
- Quantify your expenses, both current & future.
- Quantify your income, both current & future.
- Quantify your assets, both current & future
- Understand the significance of inflation and its impact on expenses, income and assets.
- Understand the significance of sequence of returns during the distribution phase.
- Identify different ways to arrange your spending, either a static or dynamic approach to spending.
- Build a cash flow reserve ladder that matches short term liquidity needs with your immediate income needs
- Build an investment portfolio that encompasses all of the above, accounting for the potential of both bull and bear markets. Use disciplines such as account rebalancing to keep your plan within safe parameters.
- Create a ‘synthetic paycheck’ from your assets, with scheduled monthly withdrawals to be deposited into your checking account to facilitate your cash flow needs.
- Stress test your financial plan to ensure the plan is working.