FINANCIAL PLANNING DEFINED
Cash Flow
We will conduct a review of your income and expenses to develop recommendations for prioritizing reduction of expenses, debt management, or allocation of surplus to meet your savings goals.
Employment Benefits
To optimize your compensation, we will review whether you are taking the maximum advantage of the benefits offered by your employer. For Clients who currently operate their own business, are considering starting a business, or are planning for an exit from their current business, we will incorporate these elements into your comprehensive financial plan.
Saving for Education
We will project the amount needed to achieve your college or other education goals, along with recommendations on how to save the desired amount while achieving your other financial goals.
Estate and Tax Planning
To minimize and predict current and future income taxes, we may make recommendations on which type of accounts or investments offer tax efficiency. This includes an analysis of your exposure to estate taxes, and recommendations to ensure your estate documents align with your intentions. We always recommend that you consult with a qualified tax professional or estate attorney before implementing a strategy.
Investment Strategy
We will develop an investment strategy that allocates your assetto meet both your financial goals and risk tolerance. This could include coordination between your retirement funds, employee stock options, individual savings, or other investment accounts. We primarily practice passive investment management, which involves building portfolios that are composed of various distinct asset classes weighted to achieve your goals, and rebalanced as needed. This method is characterized by low expenses, infrequent trading, and relative tax efficiency.
Insurance Options
Protecting yourself against risk that could have a significant adverse impact on your goals is central to financial planning. We will recommend ways to minimize your risk exposure, weighing the costs and benefits of purchasing insurance versus “self‐insuring”. Raise does not sell insurance.
Retirement Planning
We will help you define and plan for your retirement goals. Our recommendations may include working longer, saving more, spending less, or taking more risk with investments. If you are near retirement or already retired, we will recommend distribution strategies to minimize the likelihood of running out of money.
Philanthropy
Charitable planning services typically include a discovery of your charitable inclinations and advice on how best to incorporate those into your overall financial plan. For example, we may review the various charitable planning structures (funds, trusts, etc.) and work together to make a determination about the most suitable option(s) to achieve your charitable, tax, and estate goals.