Apprise Wealth Management provides comprehensive financial solutions for entrepreneurs, investors, professionals, retirees, and individuals as well as families on a fee-only basis. While our client group is diverse, what they have in common is an insistence on trustworthy advice with no strings attached.
Our clients have achieved personal and financial goals and have watched their wealth grow (or are on track to do so). However, many never anticipate the complexity increasing wealth brings. They feel unsure of the appropriate next steps. Our integrated approach to wealth management helps clients maximize the wealth they have earned and spend more time enjoying the achievements of their life and work.
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.
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.
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:
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.
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). ·
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.
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.
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.
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.
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
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.
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.
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.
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.
