It seems to mean something different to everyone, but it is a very simple concept. It is the disciplined approach to answering a variety of questions that arise about wealth opportunities and risk.
Wealth Management is involved whenever you talk about:
- Education funding options
- Budgeting and cash flow
- Choosing a retirement plan
- Insurance
- Investment selection
- Generating income for retirement, Social Security benefit options
- Planning for Long Term Care expenses
- Charitable planning
- Wills, trusts, estate planning
- Gifting, inheritance, property distribution, protecting heirs and their assets
- Protecting assets from market risk, business, lawsuit and creditor risk
- Attracting and retaining key employees, executive benefits
- Buy-sell planning, business valuation, sale and/or exit strategy
- Taxes: Income, Estate, Gift, Generation Skipping, Franchise, Capital Gain, etc.
Most of us are consumed in our careers and families. Many people don’t have the time or the knowledge base necessary to make informed decisions in these important areas. Ames & Weinheimer uses our 60+ years of cumulative training and experience to draft a clear, written plan to help you reach your current goals.
Planning is the first step. Our disciplined approach follows the CFP® guidelines:
(1) Engagement- define responsibilities of the firm and the client
(2) Gather all facts and financial data, goals and desires
(3) Process and analyze the accumulated data
(4) Recommend clear action steps
(5) Implement action steps appropriate for client
(6) Monitor, review, and update plan on a regular basis
Implementing your choice of recommendations is the second step. Thought and planning are fruitless unless action is taken toward your goals. We help you prioritize and implement an action plan that fits your current needs, budget, and lifestyle.
How can we help you?
