Financial Planning

Philosophy

Our Financial Planning Process utilizes techniques and concepts proven over years of experience from the disciplines of banking, investments, insurance, economics and finance. We analyze the data and the goals you provide to us through our personalized comprehensive questionnaire.

Goals Based

  • Planning is designed to identify specific goals, and then determine if what you are now doing will enable you to accomplish those goals. Goals based planning uses a conservative "worst case" scenario approach.

Financial Life Cycle

  • Every person during his or her life goes through a similar economic life cycle. Your success in the final phase of this cycle is determined by your preparation and planning during the earlier phases. To that end we utilize a combination of the following modules to determine the likelihood that you will meet the set goals.

Basic Planning

  • Considers the following aspects of your financial well being; Cash Flow, Net worth, Liability Management, Liquidity Analysis.

Investments

  • We will have a detailed discussion around your savings and investment status, potential risks, liquidity, financial attitudes and asset allocation.

Retirement Solutions

  • We will review your retirement goals and objectives, assets available to use in retire¬ment and an estimate of how long your funds might last based on various assumptions. Monte Carlo simulations may be included where appropriate.

Education Funding

  • Providing educational funds can be one of life's greatest financial burdens. Fortunately, it is an expense that can be planned. We will analyze the benefits of both a lump sum and monthly deposit method to help you plan for these anticipated expenses.

Income Tax

  • Analysis of your income sources, exemptions, deductions and Federal and State taxes due.

Wealth Transfer

  • We evaluate your financial estate with an illustration of potential estate taxes and settlement costs. We highlight the potential savings that may be realized through the use of certain estate planning tools (Gifting Programs, ILIT, Charitable Qualified Terminable Interest Trust, Generation Skipping Transfers, Credit Shelter Trusts, Qualified Personal Residence Trust, Wealth Replacement Trusts etc.).

Risk Management and Insurance

  • An important consideration for your financial security is the need for funds in the event of premature death, disability or estate liquidity. Our in house risk management specialist will work closely with you and your Vestor Capital Advisor to make certain that you are protected.