Wealth Planning Overview
From our experience, we have found that the majority of families have not relied on a properly executed Retirement Wealth Plan to prepare themselves for retirement. In addition, we have also found that many of their respective financial firms have not placed an emphasis on the distribution and wealth transfer stages of retirement.
A Retirement Wealth Plan should be tax-efficient, provide a hedge against inflation and accommodate planned or unplanned needs.
Demographic trends show that the distribution and wealth transfer stages present the greatest challenge for those retiring, especially those born between 1943 and 1960, who are on the cusp of entering the distribution phase.
Retirement Wealth Planning is a lifelong endeavor and should be part of every phase of your financial life cycle.
Accumulation, Preservation, Distribution, and Wealth Transfer are crucial parts of every Retirement Wealth Plan completed and delivered to each client working with ARS Private Wealth.
In addition, every plan delivered to each client is submitted for compliance approval and reviewed for accuracy to meet the strict regulatory standards set forth by U.S. financial regulatory agencies.
The types of wealth plans we deliver to our clients are strictly dependent on the needs of the individual client and his or her family. Since each client has a unique set of circumstances, their needs vary considerably. As a full-service Retirement Wealth Planning firm, ARS Private Wealth has the ability to accommodate the needs of every client, regardless of individual circumstance. Our powerful financial planning software can accommodate all clients by providing both Goal-Based and Cash-Flow Based platforms.
Goal-Based Retirement Wealth Plans
A Goal-Based Retirement Wealth Plan begins by identifying your financial life phase and, most important, the aspirations you have for yourself and your family. The overall context of your current financial circumstance is considered, along with your risk tolerance and investment style. These plans are complimentary to retiring clients.
The majority of the Retirement Wealth Plans that we provide for clients are Goal-Based.
Once the planning work is completed, ARS Private Wealth will provide you with all the options available to you and your family for addressing your stated goals in a cost-effective and tax-efficient manner. Additionally, since we are an independent company, the guidance we provide is completely objective and non-proprietary.
Cash-Flow Based Retirement Wealth Plans
As a private wealth management firm, some of the clients for whom we provide guidance have more complicated and sophisticated needs that go beyond Goal-Based planning.
For these individuals, we employ sophisticated cash-flow software designed to be used on complex, high net-worth cases. Our software will illustrate complex estate planning strategies and can illustrate stock options planning.
Our innovative software enables detailed planning analysis and comprehensive treatment of incomes, expenses, assets, and liabilities, and federal and state taxes.
Consultative Financial Planning
There are many instances in your career when difficult financial decisions have to be made.
▪ Should I contribute to a Roth 401(k) or make regular, after-tax contributions?
▪ How should we pay for college?
▪ Should I retire at 60, 62, or 65? How will this affect Social Security?
▪ What should I do with my spouse's old 401(k), and what investments should I choose in mine?
▪ What about long-term care?
These questions are best answered in a Consultative Financial Planning Meeting. As a value-added benefit to our active clients, this type of advice is included in our service. For our prospective clients, we offer these services in a consultative meeting format.
Protecting and Preserving Wealth
Because our company is specifically structured around high net-worth clients, we are accustomed to helping them anticipate the risks associated with retiring. Frequently we see the following financial losses in a potential client’s portfolio due to improper management:
▪ Poor diversification of assets
▪ Sudden or dramatic economic changes, such as rising oil prices and unexpected geopolitical events
▪ Heavy concentration in a single asset, such as stocks or options
▪ Sudden illness or premature death and the financial burden it places on loved ones
ARS Private Wealth brings a variety of resources to the task of seeking to protect and preserve wealth, such as Investment Management Services, Equity Hedging, Monetization Programs, Career Succession, and Estate Planning.
No strategy or plan assures success or protects against loss.