Wealth Management Services

What is wealth management? For us, wealth management means evaluating and addressing your entire financial picture to grow and most importantly preserve the wealth you’ve built over your lifetime. Wealth management entails much more than just making investment recommendations. Instead, a wealth management advisor must be well qualified and experienced in a wide range of areas. Our team of wealth management professionals is uniquely qualified in all key areas of effective wealth management, including financial planning, retirement planning, estate planning, investment management and allocation strategies, long term care and life insurance, 401(k) rollovers, and Social Security and Medicare Planning.

As a top financial advisor and wealth management firm in Salt Lake City, Utah, we provide clients throughout Utah with a wide range of wealth management services, including:

Personal Financial Planning

Financial Planning is the cornerstone of effective wealth management. We evaluate your income, expenses, savings, and long-term financial goals and create a roadmap for you to reach those goals in the form of a financial plan. As your unique situation changes, we meet with you regularly to adjust your plan and keep you on track.

Retirement Planning

For most people, a secure retirement is their most important financial goal. However, many wait too long to start planning for retirement. By meeting with a qualified wealth management professional well before you retire, you can work better toward having sufficient savings and overcoming inflation and longevity without taking on risky investments that can derail your plans for many comfortable golden years.

Investment Management

Effective investment management can mean the difference between having enough to retire on time and having to work a few extra years. Our investment philosophy focuses on first and foremost preserving your savings by avoiding big losses. This can be accomplished through diversification and tactical asset management, which means adjusting your portfolio according to current market conditions, rather than following a strict buy-and-hold strategy.

Rollovers, 401(k)s, and IRAs

The question of whether you should roll over your 401(k) or other retirement plan is an important one, with serious consequences. Not only are rollovers a key part of effective tax planning, but consolidating assets from a former employer’s 401(k) or IRA plan with your other retirement savings accounts could help assure proper diversification and bring you closer to reaching your financial goals. Converting traditional retirement plan assets to Roth IRAs could also help you save thousands in taxes in your later years, if you can afford the upfront boost in income and the corresponding tax bill. Our wealth management team can answer your rollover and retirement plan questions and find the best solution for your unique needs.

Social Security Planning

Social Security is critical to your retirement and is a substantial source of stable income, guaranteed for your lifetime. However, you are probably unaware that you may be able to gain tens of thousands of dollars more in income over the course of your retirement by utilizing strategies to maximize your Social Security income. We can review your unique situation and that of your spouse and determine the best strategy for maximizing your Social Security income and minimizing your taxation of benefits.

Long Term Care Protection

One of the biggest mistakes that investors are making with retirement savings is failing to consider long term care needs. Long-term care is the greatest unprotected risk that retiring Americans have today. One way to cover the cost of long-term care is to purchase long-term-care insurance. Long-term care is such an important issue that you should meet with a qualified, experienced professional to review your risks and insurance needs. As your wealth management advisors, we provide information, live seminars, and offer a full insurance needs analysis based on your unique situation.

Life Insurance

Life insurance is a key concern for most people early in their lives, but often gets put the wayside during retirement. However, as long as it isn’t prohibitively expensive to maintain, a life insurance policy can play a key role in making you’re your loved ones are cared for when you pass and helping them to avoid a large estate tax bill. Our wealth management professionals can help evaluate your life insurance needs based on your unique situation.

Estate Planning, Wills, and Trusts

Effective estate planning can save your loved ones many thousands of dollars in estate taxes when you pass on. But, every year, Americans pay billions in estate taxes because they didn’t plan ahead. We can help make sure the wealth you’ve built goes to your family rather than the IRS. We can help you create wills, powers of attorney, health care directives, letters of instruction, and trusts to direct funds to loved ones and charities, and assure your wealth continues to support your goals when you’re gone.

Let us help you with your wealth management needs. Contact us for a free initial consultation.