Client stories for different chapters of life

Mike and Linda worked hard and saved diligently all their lives to reach this goal and milestone in life – their well-earned retirement. Being well prepared and confident they will have the money they need to maintain their lifestyle, they now look forward to enjoying worldwide vacations and visiting their grandchildren.

Working together with Mike and Linda, we addressed wishes such as having a sustainable income stream to replace the regular paychecks they received during their working lives, having a legacy plan in place for their loved ones and favorite charities, and helping them have a tax strategy for the years ahead and the minimum required distributions they make once they turned 70½.

We collaborated with their accounting and legal professionals to help ensure that all key components of a comprehensive wealth management plan addressed estate planning and having a will. As with all our clients who advance in life and accumulate wealth, we address issues that arise such as mitigating taxes, preserving wealth and giving to charity.

After founding and nurturing his startup business for many decades, Jeff is finally ready to retire to Catalina Island and hit the high seas. While his boat was tied up in his home port, Jeff also knew that most of his personal wealth was tied up in his business. He wondered how he could convert it to personal wealth without paying too much in taxes.

We offered to plan his exit strategy, valuate the sale of his business, transfer his wealth from the business in an efficient manner, develop a plan to manage and preserve his newly liquid personal wealth, and invest his assets in a portfolio aligned with his goals and risk tolerance, so he can pull up anchor. We also looked closely at strategies to help mitigate the taxes that would be generated by this windfall. We collaborated with his accounting and legal professionals to help ensure that all key components of a comprehensive wealth management plan addressed issues such as estate planning and having a will.

Bill and Connie are white-collar workers who are busy building their careers and raising their family. They realize that between the time demands of work and home, there isn’t much time left to tackle financial planning on their own.

They are comfortable with their day-to-day finances, but they have begun to think about their future and aren’t sure where to start. They have managed to save a bit of money, but wonder what they should do with it. They aren’t terribly interested in the markets – they just want to know they will someday have enough money to retire, and some left over to leave a legacy for their children.

They are well aware that, while there is certainly no shortage of financial information on the internet, there is simply no substitute for having the one-one-one guidance of an experienced and trusted wealth advisor.

We helped them address their short-time needs such as having the liquidity to cover their sizeable mortgage and any emergency expenses, and then map out a long-term plan for the milestones ahead – such as paying for their children’s college educations, and of course, saving for retirement.

We stressed the importance of establishing good financial habits and implementing the right strategies from the beginning – controlling debt, prioritizing needs, having the proper insurance protection and contributing to their company retirement plans.