We work with our clients to discover what living a wealthy life means to them, not just in retirement, but today. Since many of our clients’ financial goals will come long before retirement, we help them understand how the various parking lots for money work with regard to liquidity, risk, and taxation characteristics.
More importantly, we show clients how certain blends of products and strategies can complement each other to create an optimal balance for their near and long-term goals.
We find that over time clients have adopted several different isolated strategies, all for different reasons, something we refer to as “junk drawer financial planning.”
Each idea may have started with good intentions, but after years of neglect and auto-pilot the different strategies usually start working against each other, especially as life changes outside the junk drawer.
Do all your different financial products and strategies still play nicely with each other? Did they ever? Or was each initiated as a reaction to a situation or an emotional urge?
We aim to make complex concepts simple, uncomfortable conversations comfortable, and to replace a sea of conflicting opinions with understandable facts so that our clients can take action with confidence knowing their situation is optimally balanced.