Planning, Inc. provides financial planning and asset management
services to individuals, businesses and trusts. With nearly 80 years of
combined financial services experience, our staff is fully qualified to
offer investment advice, portfolio management services, and financial
planning to both pre and post retirement clients.
We offer either comprehensive or modular financial planning. We take the time to understand your needs and money-based goals, then work hard to not only help you reach those goals, but also provide you with the knowledge to play an active role in your investment choices.
Our comprehensive service takes into consideration the client’s TOTAL financial picture: cash flow, retirement plan options, tax and estate planning, education funding and investment management. We meet with you to gather and analyze data about your income and expenses, taxes, insurance coverage, retirement plans, wills, trusts, investments and other information pertinent to your overall financial situation. We listen to your current needs and help you to clearly define the goals and objectives you have for your future.
Next, we analyze your existing situation and provide a written plan that outlines your financial future. We show you the projected results of your current financial situation and make specific recommendations for improvement. We can then provide a comparison that will clearly illustrate how implementing our recommendations can position you to meet your objectives and goals.
We are available to you, upon request, to assist in implementing our recommendations in the areas of insurance, estate planning and investments. In addition, annual reviews are suggested to make sure the plan is meeting your objectives and to answer current questions.
Our modularized approach provides clients with very particular needs an opportunity to seek advice in a specific area, such as budgeting, 401K investment choices, lump sum rollover options, tax preparation, estate planning, portfolio review, etc.
We also offer expertise in stock options. We will review the options that you have been granted from your company and advise you on the differences between ISOs and NSOs. The tax treatment at the time you exercise the options is entirely unique and must be planned for. We will devise an action plan for the exercise and sale of your options using the most efficient tax method. We will provide advice on stock options as a single topic or as part of a comprehensive financial plan.
Financial planning fees are on a flat fee or hourly basis. The fee is determined by the complexity and needs of the client. Sandra’s hourly rate is $250, Carol's hourly rate is $200, and Erin's hourly rate is $150.
As an alternative to our comprehensive plans, we offer single session financial planning. A Certified Financial Planner will meet with you for two hours, go over all your documents on site, and give you personalized verbal recommendations before the close of your session. The two hour session is a flat fee of $450.
As a registered investment advisory firm, the cornerstone of our services is investing assets to maximize your returns so that your money-based goals can come true. We advise individuals, trusts, pension plans, and small business owners on the investment of their funds.
An investment advisor will develop a customized investment policy based on your individual investment history and level of risk. Current investments will be evaluated and a model portfolio will be established based on your long-term objectives, risk tolerance, and retirement goals, and immediate financial needs such as debt reduction and major purchases. Asset management may be only a small part of the larger financial planning process.
Client education is of paramount concern to us. We will explain topics such as mutual funds, stocks, bonds, and money market funds. Portfolio choices then fall into sub categories such as large cap and small cap stocks and whether they are growth or value. We will go into as much detail as you wish, and then choose appropriate investment vehicles for your portfolio.
The custodians we use for holding your investments are Charles Schwab & Co. Inc. and/or T. D. Ameritrade. Most of the investments that we choose will be purchased without a charge, load, or transaction fee. We do not receive commissions for investments we recommended. You will receive a monthly statement from Charles Schwab and/or T. D. Ameritrade, and a quarterly statement from Asset Planning, Inc.
Your financial advisor will monitor your portfolio and rebalance the investments as necessary to meet the initial objectives and investment policy. Periodically, you can meet with an advisor to review your portfolio, investment strategy and to make sure your objectives are being met.
We are fee-only advisers. Your adviser is paid by a flat percentage fee based on the value of the investments under advisement. We are not paid commissions for managing your portfolio. Our only source of compensation is from our clients directly. The asset based fee is 1% on the initial portfolio & can decline as the assets reach breakpoints. Sandra’s minimum portfolio is $400,000, Carol’s minimum portfolio is $100,000. We offer a sliding scale of fees for larger portfolios. Portfolio minimums may be waived for financial planning clients.
Establishing and maintaining a relationship with each of our clients is a critical part of our business. The professionals at Asset Planning, Inc. are concerned with your financial success, and will work with you to reach your goals.
should be the reward for many years of hard work. The reality is,
neither company pension benefits nor Social Security can guarantee you
a secure retirement free from financial worries. Your personal
portfolio may be the key factor that determines the type of retirement
that you will ultimately experience.
Planning, Inc. will work with you on a retirement plan, and advise you
on what you need to do in order to retire when you want and where you
want. We will review your lifestyle expenses, savings portfolio,
retirement plans, IRAs, and insurance. Then, we’ll make projections for
the future. We will help you to feel secure in knowing that you will
not outlive your funds.
never too early to start planning for your retirement! Whether you have
five years or twenty-five years until retirement, let us help you plan,
what should be, the best years of your life.
Planning, Inc. will review your distribution options, discuss the tax
consequences, and help you plan an investment strategy so this very
important asset will increase in value, helping to ensure a secure
many situations in which you may receive a lump sum distribution from a
pension plan. You may have changed jobs, your current employer may have
terminated its pension benefit plan, you may be receiving a court
ordered distribution because of divorce, or you may have been a
beneficiary in a family member’s estate. Whatever the reason, you may
be faced with a sizeable lump sum distribution. Careful planning is
essential to enable you to use these assets to enhance your retirement