Financial Planning
Our mission is to provide you with a positive long-term advisor relationship built on personal trust and company-wide integrity.
Financial planning is the process of setting goals, developing strategies to accomplish those goals, implementing the strategies and monitoring the progress. This financial pyramid displays the stages encountered in a properly built financial plan.
The development of a financial plan can be all-inclusive or tailored to a specific objective. The typical areas normally planned are:
The Financial Planning Pyramid
Retirement Planning: Retirement planning encompasses the analysis of existing retirement plans and current financial assets in conjunction with anticipated living standards. A strategy is then developed to accomplish financial independence at retirement.
Education Funding: Education funding analyzes your desire to provide advanced education for dependents. It involves developing strategies to accumulate sufficient financial assets with the coordination of financial aid.
Insurance Analysis: Insurance planning involves determining the adequacy of insurance to cover the risks that you cannot afford to take with your current financial assets. This includes analysis of life, disability, health, personal, business and long-term care insurance.
Estate Planning: Estate planning is the process of developing strategies to provide for your loved ones after your death. The process includes the analysis of legal documents, ownership of assets and analysis of tax transfer costs.
Our investment services encompass the process of implementing investment strategies to accomplish your goals while taking into consideration your tolerance for risk and time horizon. These services encompass the following:
- Setting goals and objectives
- Investment policy statement development
- Risk assessment analysis
- Development of asset allocation strategies and periodic rebalancing
- Reporting on investment performance
- Investment selection
- Maintenance of tax cost information
- Investment analysis and opinion
- Portfolio management
- Portfolio analysis and advice
More Financial Planning:
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- Smith Koelling Dykstra & Ohm P.C. Certified Public Accountants
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- College Financial Aid
- Social Security
Get In Touch
Solutions for Wealth Management, LLC
1605 N. Convent
Bourbonnais, IL 60914
Phone (815) 935-6636
Fax (815) 935-0360
Email Us