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Our mission is to help you feel more in control of your money and your life and to make informed decisions that will allow you to achieve your goals.

Our mission is to help you feel more in control of your money and your life and to make informed decisions that will allow you to achieve your goals.

We believe that financial planning should be accessible to everyone. Most people will be able to meet their financial goals if they are guided by sound advice. The future you hope for is shaped by the advice you receive and the steps that you take along the way. It's not just about making money, it's about achieving a balance in your life, so that you can find more time to do the things that you want to do.

Our Comprehensive Approach

As Financial Planners it is our mission to help you achieve financial objectives. We design a customized plan to help you meet your unique needs, both today and tomorrow. We develop strategies to help achieve your special goals like buying a home or condo, retiring early, financing your child's education and more.

Your Present Situation

  • Knowing your current net worth
  • Tracking your current income and expenses, and projecting your future

Having Adequate Protection

  • Providing for dependents in case of death
  • Replacing earning power if disabled
  • Planning for business continuation

Accumulating Wealth

  • Buying a house or vacation home
  • Ensuring adequate education funding
  • Reviewing your investment portfolio

Managing Income Taxes

  • Projecting your federal and state income taxes
  • Analyzing how your business affects your taxes

Planning for Retirement

  • Ensuring adequate retirement income
  • Managing pension distributions
  • Using business assets for retirement
  • Projecting earlier or later retirement age

Preserving Wealth

  • Managing excessive estate settlement costs and inheritance taxes
    Continue or transfer ownership of personal and/or business assets
    Using estate planning vehicles

Financial Planning Process

Your concerns are our concerns, let's make a plan.

Step 1: No Obligation Session

At this meeting, a specially trained financial planner will listen to your financial concerns and discuss what financial planning can do to help you achieve your objectives.

Step 2: Gather Information

This is where we learn about all of your financial goals, objectives, assets, liabilities, income, and expenses. The foundation of a sound financial plan is having a clear understanding of who and what you are. This information is kept strictly confidential.

Step 3: Analysis & Recommendation

A preliminary analysis of the information about you is prepared. This includes reviewing all of your objectives and determining if they are feasible. We may consult, with your permission, with your attorney, accountant, or other adviser to make sure the data is complete.

Step 4: Final Plan Review

After all of the alternatives and information is analyzed, a final plan will be presented to you. The final plan is written document prepared especially for you. It contains specific recommendations designed to meet your stated financial goals and needs.

Step 5: Implementation

Evaluate alternative solutions. Set priorities for the future.

Step 6: Update as Needed

In life, one thing is constant; change. Each year, and perhaps more frequently, your income, investments, assumptions and objectives will change. This is why we stand ready to update your plan as needed.

Financial Planning Services are offered by Michael Werfel and Gary Bonavita. Registered Representatives, Investment Advisory Representatives and Financial Planners of MML Investors Services, LLC. 

Our Strategic Services

We work with you and your tax and legal advisers to help you select the most appropriate product solutions to suit your specific needs and circumstances.

Retirement Planning

    • Helps prepare the estimated retirement needs and expenses at a specified retirement date.
    • The analysis may be focused on accumulation as well as distribution for retirement, estimated social security benefits and other funding sources, such as employer pension plans.
    • Illustrations provide the client with various alternatives available, based upon factors such as different retirement dates, additional or alternative savings and investment strategies, and risk tolerance.

    Retirement Distribution Planning

    • Focuses solely on the distribution of retirement assets and not on accumulation.
    • The analysis projects the estimated distribution of retirement income for a specific period of time for clients who are at or near retirement.
    • The analysis considers current assets designated for retirement, estimated social security benefits, and other funding sources such as employer pension plans.
    • Illustrations provide the client with various alternatives available, based upon factors such as different retirement dates, additional or alternative savings and investment strategies, and risk tolerance.
    • The Retirement Distribution Plan is available only as a stand-alone ProAdvice Select/Situational plan and may not be combined with other situational modules.

    Investment Planning

    • Includes an examination of the client's current goals and objectives for the distribution of his or her property.
    • This analysis includes an examination of the client's gross estate and the distribition of property based upon the client;s current estate plan.
    • Projected estate taxes and related settlement costs based upon various assumptions are considered.
    • The analysis explores alternatives for mimimizing settlement costs such as titling assets, using trusts, gifting strategies and charitable planning.
    • An examination of possible finding sources for providing liquidity may also be included.

    Estate Planning

    • Involves an analysis of a client's goals and objectives for the distribution of his or her property.
    • This analysis includes an examination of the client's gross estate and the distribution of property based upon the client's current estate plan.
    • Projected estate taxes and related settlement costs based upon various assumptions are considered.
    • The analysis explores alternatives for minimizing settlement costs such as titling assets, using trusts, gifting strategies and charitable planning.
    • An examination of possible funding sources for providing liquidity may also be included.

    Business Continuity Planning

    • Incorporates an analysis of the available methods of transferring ownership and operational control of a closely held business based upon various assumptions.
    • This analysis examines the client's current business objectives while minimizing transition costs (e.g., using trusts, gifting strategies, buy-sell agreements).
    • An examination of possible funding sources to facilitate the transfer of the business and provide liquidity to meet related estate planning objectives may also be included.

    Employee Benefits Planning

    • May include an analysis of both nonqualified and qualified (i.e. tax sheltered) retirement plans for businesses and other employee benefits such as group insurance policies, bonus plans and split dollar arrangements.
    • Analysis of nonqualified employee benefits plans include a review of available methods for providing nonqualified retirement, death and/or disability benefits of key employees based upon various assumptions.
    • Review of qualified employee benefits plans provides an analysis of the tax sheltered retirement arrangements available under current tax law. This analysis examines available options based upon factors such as corporate demographics and the client's objectives.
    • Finding sources such as life insurance and investment products may be examined for the purpose of providing benefits to employees. This plan does not provide an analysis of, or, advice on, the underlying investments held within qualified plans.

    Our Team of Professionals

    Our team of experts consists of Certified Financial Planners®, Chartered Financial Consultants, and Investment Advisors to help you reach your goals throughout your life and retirement.

    Gary  Bonavita

    Gary Bonavita, CLU, ChFC®

    Financial Planner | Investment Advisor Representative | Financial Services Representative

    (201) 226-3304

    (201) 712-0383

    Michael  Werfel

    Michael Werfel

    Financial Planner | Investment Advisor Representative | Financial Services Representative

    (201) 226-4706

    (201) 712-0383

    Jason Braunstein

    Jason Braunstein

    Financial Planner | Investment Advisor Representative | Financial Services Representative

    (201) 226-3315

    (201) 712-0383

    Ken Growney

    Ken Growney

    Financial Planner | MBA | CLU® | ChFC® | RHU® | REBC® | RICP®

    (201) 226-7925

    (201) 712-0383

    Lawrence Siliato

    Lawrence Siliato

    Financial Advisor | Investment Advisor Representative | LUTCF®

    (201) 226-3307

    (201) 712-0383

    Thomas  Janovic

    Thomas Janovic

    Financial Advisor | Investment Advisor Representative

    (201) 226-3311

    (201) 712-0383

    To Our Clients

    Our first priority is helping you take care of yourself and your family. We want to learn more about your personal situation, identify your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of my foundation of success.

    We believe that in order to build long-lasting relationships with our clients, we also have to provide knowledge and empower them.Our working environment is characterized by teamwork, trust and cooperation. We work together to serve you. We honor our commitments and hold ourselves and each other accountable. We support the best in each other and know we can be the best financial services organization in the area. We are determined to succeed.

    CRN202102-244092 

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