Have you ever asked yourself, "Who needs a financial planner?"

Contrary to what some people may think, financial planning is not just for the super wealthy. Believe it or not, practically everyone benefits from working with a financial planner or advisor. These professionals provide sound financial advice and help develop strategic plans for attaining specific long term financial goals.
Who needs a financial planner?


Help maximize the value of your companys group insurance, retirement plans, and other employee benefits. Strive to efficiently transfer business ownership, or manage a business sale or acquisition. Evaluate risk exposure and insurance requirements.

Consider:Profit sharing, stock options, growth, sustainability. Other important issues include tax consequences, asset development and protection, personal liability, and mitigation of risk.


Manage life transitions, such as marriage, home ownership, children, college expenses, empty nest, travel plans, and other personal values, goals, and ambitions.

Consider: Develop a plan for wealth accumulation consistent with your family's life cycle and lifestyle. Important issues include planning for catastrophe, retirement, and long term care, as well as asset development, preservation, and eventual transference. Investigate estate planning options, tax consequences, and trusts.


Manage life transitions. What are your personal values, goals, and aspirations?

Consider:Develop a plan for wealth accumulation consistent with your life cycle and lifestyle goals. Are you passionate about travel? Art? Philanthropy and charitable giving? Plan to develop the resources necessary to fund the pursuit of your life ambitions. Other important issues include planning for catastrophe, retirement, and long term care, as well as asset development, preservation, and eventual transference. Investigate estate planning options, tax consequences, and trusts.

Graduates who just started working.

Whether you are looking to buy a new car or a home,start a business, or travel, saving just a few dollars every week can really add up over time. And it is never too early to think about your retirement. Develop a long-term financial strategy to help maximize your financial resources.

Consider: Intelligently managing student loan debt can improve your ability to accumulate wealth consistent with your life cycle and lifestyle goals. Think about the development of retirement income streams to strive to maximize your financial resources.

Someone who is planning to buy or sell a home.

Intelligently manage debt should you pay off your home, or keep your mortgage and invest? Is it easy being "green," and does it really matter?

Consider: How long do you plan to keep this home? Paying off your mortgage instead of pursuing other means of accumulating wealth could find you nearing retirement without a monthly mortgage payment, but also without any cash reserves to maintain your home or sustain your lifestyle. There are many tax implications and consequences involved in home ownership - going "green" can potentially help you qualify for tax incentives, and also save money on your lifetime enegy expenses. Think about life insurance and home maintenance.

Someone who is getting married.

Planing for your future helps lessen risks to your family. Make sure you are working on the same page - develop and implement a life-long financial plan with your spouse to match your personal values and ambitions.

Consider:  Home ownership, children, your children's college tuition expenses, and other issues increase the life insurance needs for you and your spouse. What are your plans for retirement? Have you discussed planning for long-term care? Make your dollars work for you. Think about asset development and management, and tax consequences associated with the eventual transferrence of your estate.

Someone who is having a baby - or plans to.

Your future, your babys future. Developing a suitable financial plan helps you and your family. It is the key to reaching your personal life goals, and helps provide opportunity for your children.

Consider: Make your dollars work for you. Examining your medical plan before having a child can yield dramatic savings. Explore tax advantages through flexible spending accounts, dependent care options, college savings plans, and childrens' gift accounts. Don't forget to examine your life and disability insurance policies.  Planning for your child's education doesn't necessarily foreclose a comfortable retirement or the accumulation of wealth consistent with your life cycle and lifestyle goals.

Someone who wants to maximize their savings.

Where does the money go? Examining your spending habits can have a big impact on how much money you have at the end of the month for savings or investments, and can reduce your dependence on credit. Saving just a few dollars every week can really add up over time and flourish in an environment with compound interest.

Consider: Reducing energy consumption and increasing energy efficiency can reduce your lifetime energy mortgage, saving you big bucks over time. Paying interest on credit purchases is more expensive that you realize, especially when it reduces your available resources for income-producing savings programs or investments that may offer compounding interest. Appropriate options for maximizing your savings depend on your tolerance for risk, your savings time frame, and personal goals.

Someone who is interested in creating wealth.

If you define wealth as the accumulation of resources, creating wealth is simple - spend less than you earn, make your money work as hard as you do, and make sure your money is working for you, not against you. But how do you do it?

Consider: Define what wealth means to you. Examine your personal values and lifestyle objectives, and create savings and investment goals as a means for measuring your progress. Some important issues include interest returns and investment options, tax analysis and management, and the potential for the development of retirement income streams. 

Someone who is receiving an inheritance or other windfall.

While receiving a windfall is enviable, there is a lot of pressure that comes with it. We believe, through a written financial plan addressing every facet of your financial life you can enjoy your windfall, while seeing that the money is properly managed and preserved.

Consider: Developing a budget is more important than ever. A financial planner can prepare a long-term cash-flow analysis that strives to avoid depleting your funds while sustaining your lifestyle, and can advise you on tax consequences and mitigation strategies. Comprehensive liability insurance may be appropriate to provide protection from lawsuits. With careful planning and a suitable investment and asset preservation strategy, your children could some day also have the challenge of managing a windfall.

Someone who has a family member with ''special needs.''

Planning for children and individuals with special needs involves important legal and financial considerations for providing not just for lifetime care, but for quality of life.

Consider: Closely examining your medical plan and shopping around can yield dramatic savings. There may be possible tax advantages through flexible spending accounts, dependent care options, and gift accounts. Other issues include preserving federal benefits eligibility, lifetime guardianships, and special needs trusts.

Someone who plans to leave an inheritance.

Intelligently transfer wealth. Handled properly, we believe, even a modest inheritance can be a legacy that will provide financial independence to your loved ones for generations.

Consider: When your heirs receive an inheritance, there are few options available to help them preserve it. Taking responsibility for what you are leaving behind through estate planning can help mitigate your heirs' tax consequences and provide protection from lawsuits or other risks.

Someone with a pension, or who is considering retirement.

Plan for your lifecycle and lifestyle. Many people age 50 and older have not yet begun to save for retirement or are under funded. Some people may have pensions, but are not sure of the best way to use them.

Consider: Start now to help maximize your resources! A financial advisor can assist you with examining your assets and determining how much money you will need. An advisor can also help you develop a spending plan, as well as provide advice on tax considerations and helpful investment strategies before you retire.