Glossary – Asset Management
and Retirement Planning Terms
Optimal Retirement Age Analysis
We believe that when you’re thinking about when you want to retire and some of the trade-offs, it is important to carefully weigh what your goals are in retirement and try to determine how much money you are going to need to achieve those goals. If you feel comfortable after that planning and that the…
Home Purchase Analysis
We can consult buyers who are purchasing their first home or vacation homes to help inform budget and valuation related analysis and decision making.
Rental Property Analysis
We can consult buyers who are purchasing rental properties to help inform budget and valuation related analysis and decision making.
Fixed Income Producing Investments
Fixed income investments generally pay a return on a fixed schedule, though the amount of the payments can vary. This type of investment can include corporate and government debt securities, leveraged loans, preferred stocks, high yield, and investment grade debt and structured products, such as mortgage and other asset-backed securities. One role of bonds in…
Budgeting Analysis
Our experienced financial planning team can help you implement a budget and financial plan that is specific to your cash-flow needs, family circumstances, investment goals, and financial and tax situations. We can help create a plan to protect and grow your wealth.
Income Projections
Developing an income plan is an important part of planning for a secure retirement. This involves listing all your guaranteed sources of retirement income —pension, investment portfolio returns and income retirement savings and investment accounts, such as a traditional IRA, 401(k), Roth IRA or Roth 401(k), Social Security, annuity income (if you have one), and…
Tax Advantage Account Strategies
In order to increase tax efficiency and help clients’ long-term wealth goals, we utilize the appropriate taxable and nontaxable accounts. Just as we focus on allocating our investments between stocks, bonds, real estate, etc., to reduce volatility, it’s also important to think about the tax consequences of where we locate our funds. Asset location means…
Distribution Strategies
Once you reach retirement, it is important that you manage your retirement withdrawals from various accounts as tax-efficiently as possible. Taxes will likely be one of your biggest expenses in retirement. It is important that you stay on top of your income and potential tax liability each year. Your investment returns may be significantly different…
Asset Allocation
We construct and manage portfolios consisting of stocks and bonds, exchange-traded funds (“ETFs”), mutual funds, closed-end mutual funds, and other public securities or investments. We build diversified, tax-efficient investment portfolios tailored to reflect clients’ needs and goals. Our objective is to ensure that our clients’ investments are optimized while reducing their overall tax burden. If…
Tax Loss Harvesting
Tax loss harvesting is a tax-efficient investing strategy that can help minimize the amount of current taxes you have to pay on your investments. Under current federal tax law, you can offset your capital gains with capital losses incurred during that tax year or carried over from a prior tax return.
Guardianship Designations
Planning for the care of children in case of unfortunate circumstances is one of the most important things parents can do. Estate planning could mean the difference between stability and chaos for bereaved children. The sooner a permanent or temporary guardian is appointed in these situations, the more quickly the child can adjust. An essential…
Power of Attorney
A power of attorney (POA) is an essential estate planning document. But you (and especially your agents) need to know its limits and how to maximize its benefits. In a POA, the principal (you) names one or more agents (often an adult child) to act on your behalf. You need a POA, because someone needs…
Advance Healthcare Directive
An Advance Healthcare Directive and a Power of Attorney form are key legal documents that help resolve what should happen in the event you are very ill or become incapacitated. The first involves medical decisions and the second involves financial decisions.
Gift Planning
Leaving assets outright to adult children can be a common mistake in financial planning. Children’s inheritances don’t have to be turned over to them when they reach 18 or 21. You can design a Trust that provides for funds to be released incrementally as a child progresses into adulthood or as a child attains educational…
Inheritance Management
By developing a financial/investment plan and an estate plan, you may be able to help protect your inheritance. In addition to preserving your inheritance and wealth, an estate plan seeks to protect your loved ones from excessive taxes, ambiguity, and privacy issues. The form in which the inheritance is received can vary significantly and may…
- « Previous
- 1
- 2
- 3
- 4
- Next »