|
Regardless of the size or complexity of a client’s assets, FCA’s approach to financial planning and servicing remains simple: listen to you, customize plans to successfully meet the determined specific needs and goals and be available to fully support the relationship.
We accomplish this approach with a team structure. Primary financial advisors are supported by other FCA financial / legal professionals familiar with your entire estate. The team remains readily accessible.
This process allows comprehensive implementation of your specific financial plans based on a total review of all of your assets, not just liquid stocks and bonds. The intent is to formulate a tax-sensitive approach for meeting your financial goals.
We provide planning that includes the following areas:
The Financial Inventory
The financial planning process begins with an assessment of the current financial picture through the identification of all assets and liabilities. This “Financial Inventory” becomes the centerpiece from which all planning is done. Insurance planning, estate issues, gift planning as well as other contingency planning cannot be done adequately without the proper identification and relationship these assets and liabilities regardless of their size and complexity.
Cash Planning
Cash planning is a key piece of the financial program. FCA recognizes you have unique circumstances which contribute to an underlying capacity to save. This capacity to save is important for long-term retirement planning, educational planning and estate preparation. Through cash flow modeling, which in turn assists you in examining your consumption patterns, you can more effectively determine any needed changes required to obtain future goals.
We refer to this resulting cash flow report simply as our “Financial Score Card”. Despite the simplistic name, the information provided is vital regardless of the size and complexity of the assets involved.
Contingency/Retirement
Review of the “Financial Score Card” leads to contingency planning essential for determining whether your current financial situation is in line with your goals. Certain life events can be anticipated such as college or retirement. Other life events such as death or disability are unexpected. Where coverage is needed, FCA works with you and your insurance representative to identify and plan for the proper amount of life or disability insurance coverage to ensure your family and business are protected in the event of death or disability. FCA does not market insurance products but will assist in selecting policies most appropriate for your circumstance.
Tax Planning
FCA is equipped to provide a wide range of tax planning services as a part of the financial planning process. A thorough analysis of current tax situations and potential tax saving strategies are reviewed. FCA offers tax return preparation services for its financial planning clients and readily works with outside CPA’s when making tax-planning recommendations.
Investment Planning
FCA works to develop portfolios designed to help accomplish the determined goals. Proper asset allocation and diversification of investments are integral to effective asset management.
FCA prides itself in its asset management teams and the personal knowledge those teams have of each client. There may be some similarities between portfolios through time but each portfolio is individually designed for the respective client.
Please refer to the “Investment philosophy” portion of this site for further description of the investment process and personnel.
|