Broker Check

The Difference Between Investment Advice and Comprehensive Planning

We are asked from time to time what distinguishes comprehensive investment planning? What are the components and why is it important?

In our opinion it is impossible to create an investment plan or a business transition plan without careful understanding and consideration of: Federal and State Taxes (estate, income, capital gains), prior investment experience (positive or negative), corporate benefits (deferred compensation, stock, options), closely held stock, estate beneficiary desires (including charity(ies)) and more.

While we work closely with our clients CPAs and attorneys we must understand and occasionally suggest approaches designed to work to your advantage. Working in silos is not effective. We understand the major impacts of investment and insurance and know how to incorporate tax considerations into our planning.

Taxes have a significant impact on net results. Your desire for growth, income, inheritance and leadership development for the next generation also have substantial impact on how a plan should be structured.

Our approach builds in consideration thought of the above elements as a key part of everything we do. Our plans are tailored for your needs – not the other way around.