WEALTH MANAGEMENT SERVICES
As you strive to grow your personal net worth, the financial challenges you face may become increasingly complex. As a result, each level of net worth may require a different mix of products and services to help you plan for your financial future. The services listed under each level are examples of what may be required for a typical client at the stated asset level. Not all services listed may be required for each client. Specific services to be rendered will be based on a client’s individual needs.
Level 1: Net Worth $3,500,000+
- Retirement planning
- Estate planning
- Business planning
- Risk management planning
- Education planning
- Asset protection/umbrella insurance
- Tax management/reducing transfer tax
- Wealth transfer planning
- Health care planning
- Long-term care review
- Coordination and integration of financial planning with existing or new financial professionals (i.e., CPA, attorney, etc.)
- Quarterly client planning review in home or office
- Monthly advisor contact
- Weekly and monthly market update via email
- Stock option planning analysis
- Cash flow analysis
- Charitable planning
Level 2: Net Worth $2,000,000–$3,499,999
- Retirement planning
- Estate planning
- Business planning
- Risk management planning
- Education planning
- Wealth building
- Asset protection/umbrella insurance
- Tax management strategies
- Investment tax planning
- Basic estate review
- Debt management review
- Cash flow analysis
- Insurance (e.g., life, disability, long-term care) and 401(k) review
- Plan benefits review
- Salary deferral options review
- Qualified and nonqualified deferred compensation plans review
- Net worth statement
- Semiannual client planning review in home or office
- Monthly advisor contact
Level 3: Net Worth Below $2,000,000
- Retirement planning
- Estate planning
- Business planning
- Education planning
- Wealth building
- Debt management
- Basic insurance (e.g., life, disability, long-term care) and 401(k) review
- Asset protection/umbrella insurance
- IRA/nondeductible IRA options review
- Net worth statement
- Annual client planning review in office
- Semiannual office contact
- Monthly market update via email
- Cash flow analysis