COMPREHENSIVE FINANCIAL PLANNING
FWAC member firms share the belief that the only way to serve clients well is by going beyond investments to look at all the other aspects that are important to your financial life. While most advisors are now calling themselves wealth managers, very few financial advisors are actually providing these services. We break it into four parts: wealth enhancement, wealth protection, wealth transfer and charitable giving.
Wealth enhancement is the process of using strategies to maximize the tax efficiency of current assets and cash flow, while achieving both growth and capital preservation goals.
Wealth transfer planning is the process of using strategies to legally structure the future disposition of current and protected assets effectively.
Asset protection planning is the process of employing legally acceptable concepts and strategies to ensure that a person’s wealth is not unjustly taken from him or her.
Charitable Giving Planning involves the process of using strategies to maximize the effectiveness of charitable intent.