Our Services

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. Only then, will you understand and yearn our services.

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.

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. And Discuss how you feel where you currently stand.

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.