Net Worth / Debt Planning
We will document and analyze your assets and
liabilities (debt) and point out opportunities you have to strengthen your
financial position by repositioning assets and making smart use of debt. Debt
reduction strategies are often part of a financial plan, as is looking for
unproductive assets that may be put to better use. Whether it is a specific goal such as eliminating
debt or buying a second home, or a broad goal such as achieving lifetime
financial security, our goal is to create the plan that helps turn it to
reality.
Cash Flow Planning
A key component of a sound financial plan is
accurately tracking your cash flow – both now and in the future. By determining your current and potential sources of income and getting a firm grip on
what you are spending, we can make recommendations that help increase available
cash flow to invest, pay down debt, or achieve other planning goals.
Education Planning
There are articles from news sources on an almost
daily basis documenting the ever-increasing cost of college. We can help you
determine how much you can expect an education to cost, how much you would need
to save, and what savings vehicles are best suited for your particular
situation. We can also provide advice on scholarship and aid opportunities.
Apprise Wealth Management firmly supports the concepts of asset
allocation and diversification of risk, and we pride ourselves on our
investment thinking. We also recognize the importance of valuation in the
investment decision-making process. As a result, Apprise Wealth Management utilizes
an integrated wealth management investment approach. This encompasses the
integration of three separate but related aspects of portfolio creation and
implementation:
Asset Allocation
This is the primary driver of risk and potential performance representing the mix among cash, bonds, and stocks. The client’s portfolio is invested into multiple asset classes in an attempt to create a diversified portfolio that maximizes the expected return for a specific level of assumed risk (or, alternatively, minimizes the assumed risk for a desired level of expected return). The targeted allocation to equities and fixed-income instruments (such as 70% equities/30% fixed income, 50% equities/50% fixed income) will be based on client risk tolerances, preferences, and short- and long-term goals.Through integration of these three aspects of wealth management, we develop investment plans that have the potential to work quantitatively as well as to maximize the tax effectiveness and the personal comfort level with the specified plan.
Tax Efficiency / Asset Location:
We help make your portfolio as tax-efficient as possible by managing it based on the account's tax characteristics. For example, tax-deferred accounts (e.g., IRAs) are not managed the same as taxable accounts (e.g., joint accounts). Where appropriate, we place the most tax-efficient assets in your taxable account(s) so they will generate the least amount of taxes possible, and we try to place investments that are the least tax efficient into your tax-deferred account(s). ·
Emotional Behavioral Aspects:
We recognize that any investment strategy must fit within the client’s unique frame of reference with regards to risk tolerance, goals, and personal wealth motivators. Through our awareness of these factors, we aim to reduce the impact of behavior on investment performance.
Monitoring and Rebalancing:
Once the appropriate asset allocation and asset location have been determined, the client’s portfolio will be monitored and periodically rebalanced as changes in market conditions and/or client circumstances occur.
Investment Consulting:
Apprise Wealth Management offers investment consulting services
to clients seeking investment advice on a non-continuous basis. Under this
arrangement, we will review the client’s investment return expectations, risk
tolerance, time horizon, and income requirements to evaluate their alignment
with the client’s financial profile and objectives. If deemed to be in the
client’s best interest, we may recommend that the client reallocate their
investments according to our asset allocation framework. Apprise Wealth
Management does not manage or exercise investment discretion or trading
authority over these client portfolios.
Retirement Planning
At Apprise Wealth Management, we will help you create your custom retirement plan so you can be confident in the future you are building. This is part of our comprehensive financial planning. We help you calculate your current and future income and expenses with a detailed cash flow analysis, and create an income withdrawal strategy that works best for you. More specifically, here is how we help:
a) income: We help you understand if you have sufficient assets to generate an income in retirement to support the kind of retirement you choose to live.
b) legacy: We can review your current wills, trusts, and legal documents and help you determine if they accurately reflect your wishes..
c) healthcare: We work with you to consider how your health care and long-term care needs can affect your future retirement income, and what your choices are.
d) taxes: We educate you regarding the tax characteristics of each of your investment and retirement accounts and help you plan how and when to pull assets out of each.
Individual Retirement Account (IRA)
We can help you determine your eligibility for contributions to
Individual Retirement Account(s) as well as provide guidance related to the
investment of any contributions
Roth IRA
We can help you assess when it is appropriate to contribute to
Roth IRA accounts as well as how to invest
any such assets. We can also provide guidance on Roth conversions.
401k Rollovers
If leave your current employer, we can help you evaluate when it is appropriate to rollover your existing account balances to another account or leave them where they are currently held.
SIMPLE and SEP Account
If you own your own business or are self-employed, we can help you determine the appropriateness of establishing and contributing to self-employed retirement accounts.
Net Worth / Debt Planning
We will document and analyze your assets and
liabilities (debt) and point out opportunities you have to strengthen your
financial position by repositioning assets and making smart use of debt. Debt
reduction strategies are often part of a financial plan, as is looking for
unproductive assets that may be put to better use. Whether it is a specific goal such as eliminating
debt or buying a second home, or a broad goal such as achieving lifetime
financial security, our goal is to create the plan that helps turn it to
reality.