Wealth Management Components
Fleetwood Benefit Services
FBS’s wealth management consultative process contains 5 components that address many of the concerns for our clients. After understanding an individual’s financial trepidations, we identify how the following issues fit in one’s financial plan.
- Wealth Preservation – We concentrate on the investment portfolio volatility and the fear of losing wealth. It is important to evaluate an individual’s current investment position by utilizing a proprietary in-depth cost and risk analysis to ensure risk tolerance matches long term objectives.
- Wealth Enhancement – (Tax Planning) – Perhaps one of the most important steps in planning your retirement is determining your current and future tax liability and developing strategies that can help minimize your taxes in retirement. We use strategies to maximize the tax efficiency of current assets and cash flow while achieving both growth and preservation goals.
- Wealth Transfer – The process of using legal strategies to structure the eventual transfer of current and protected assets to facilitate the most tax=-efficient way to pass assets to succeeding generations.
- Wealth Protection – Employing legal and acceptable concepts to insure wealth is not unjustly taken by potential creditors, litigants, ex-spouses and children’s spouses. Coordination with legal counsel is critical in developing the appropriate documents and Trusts in the protection of well-deserved and hard-earned financial assets.
- Charitable Giving – A process for helping fulfill one’s philanthropic goals and maximizing the effectiveness of charitable intent.
