Financial Health and Money Mindset

Financial Wellness Check Up	Assess current financial health to measure progress and identify strengths and areas for improvement so you can make informed decisions
Financial Health Analysis	Assess your financial ratios and balance sheet to provide tailored recommendations for optimizing your financial well-being
WealthTrek Assessment	Gain insight into your overall financial wellness through personalized feedback and actionable results to enhance your financial security
Financial Perspectives Evaluation	Understand your financial attitudes and outlook to make informed decisions and receive personalized feedback for financial empowerment
Wealth Building Assessment	Identify and nurture financial behaviors that can enhance your wealth potential, supported by personalized feedback for effective financial growth
Money Personality Understanding	Discover insights into your money-related personality traits, enabling you to make better financial decisions with personalized feedback.
Klontz Money Script Inventory	Assess the narratives influencing your financial behaviors and receive personalized feedback to transform your money mindset positively
Money Scripts Exploration	Uncover your specific money scripts through guided exercises, empowering you to reshape your financial habits with personalized feedback.
Money Disorder Assessment	Determine if specific money disorders are impacting your financial well-being and receive personalized guidance to address them effectively.
Financial Integration Evaluation	Establish priorities, track progress, and maintain financial health with guided exercises and personalized feedback tailored to your unique financial situation.
Incompletions Awareness	Gain consciousness of incomplete aspects of your financial life through guided exercises, enabling you to take proactive steps with personalized feedback.
Money Atom Exercise	Break free from destructive financial patterns with guided exercises and personalized feedback to foster healthier financial behaviors.
Money Egg Exploration	Explore the emotional aspects of your relationship with money through guided exercises, unlocking deeper insights with personalized feedback.
Stock Market Money Timeline	Understand the overall pattern of your relationship with money Guided exercise and personalized feedback
Money Dialogue	Gain clarity on your financial journey through the stock market, supported by guided exercises and personalized feedback to make informed decisions.
Couples Money Scripts	Deepen your understanding of your relationship with money through guided exercises, fostering constructive conversations and personalized feedback for financial growth.

Goals and Vision

Life Aspirations Exploration	Discover your core values and aspirations to gain clarity on your life’s purpose and goals, supported by guided exercises and personalized feedback for personal growth.
Financial Mission Statement Crafting	Craft a meaningful financial mission statement to provide direction and purpose to your wealth-building journey, guided by exercises and personalized feedback to align your actions with your aspirations.
Goal Clarification and Measurement	Define your authentic goals and transform them into tangible, measurable objectives, supported by review sessions and personalized feedback to ensure alignment with your aspirations.
Couples Goals	Harmonize the financial goals of you and your partner to foster shared visions and enhance your financial future, with review sessions and personalized feedback to strengthen your partnership.

Investment Planning

Portfolio Analysis Report	Assess your current investment allocation and risk/reward profile through a concise 1-page portfolio analysis, providing clear insights to help optimize your investment strategy and achieve your financial objectives
Investment Policy Statement	Craft a personalized IPS outlining your investment objectives, risk tolerance, and asset allocation strategy, serving as a roadmap to guide your investment decisions. This tailored document ensures alignment with your financial goals and preferences, enhancing confidence in your investment approach
Asset Allocation Strategy	Develop a customized asset allocation strategy for a particular custodian tailored to your investment goals, risk tolerance, and financial situation. By strategically balancing investments across various asset classes, you’ll enhance portfolio diversification and better position yourself to achieve long-term financial success
Investment Selection and Research	Receive tailored recommendations for specific investments based on rigorous research and analysis, empowering you to make informed decisions aligned with your financial goals
Portfolio Construction and Diversification	Construct a diversified investment portfolio designed to align with your long-term financial goals while effectively managing risk through diversification across asset classes, sectors, and geographic regions.
Tax Efficient Investing Strategies	Develop tax-efficient investment strategies to minimize tax liabilities and optimize after-tax returns. By strategically utilizing asset location, tax-loss harvesting, and tax-advantaged accounts, you’ll maximize your investment efficiency and preserve more of your investment gains.
Investment Review and Rebalancing	Regularly review and rebalance your investment portfolio to ensure alignment with your financial goals and adapt to changing market conditions. By proactively adjusting asset allocations and making informed decisions, you’ll maintain portfolio health and pursue optimal performance
Cost Analysis	Evaluate investment costs comprehensively to ensure they align with your investment objectives and remain reasonable. By analyzing various cost components, including management fees, expense ratios, and tax implications, you’ll optimize cost-efficiency and enhance overall portfolio returns
Sustainable and Responsible Investing	Integrate environmental, social, and governance (ESG) factors into your investment decision-making to align with your values and preferences for socially responsible investing. By investing in companies and assets that reflect your ethical considerations, you’ll promote positive societal impact while pursuing financial returns
Analysis of Particular Security	Receive a detailed analysis of a chosen stock or fund, including an evaluation of risks and potential returns, along with a review of analyst ratings. This comprehensive summary empowers you to make informed investment decisions tailored to your financial objectives
Analysis of Stock Awards	Gain insights into your stock options, restricted stock, and other equity-based awards through a thorough review. Analyze tax implications and receive strategic recommendations to optimize the management and utilization of your stock-based compensation
Real Estate Analysis Report	Obtain a comprehensive evaluation of a selected property, including market analysis, risk assessment, and financial modeling. Gain clarity on potential returns through metrics such as ROI (Return on Investment), IRR (Internal Rate of Return), and cash flow projections, enabling informed real estate investment decisions

Alternative Investments

Alternative Investment Analysis	Assessment of alternative investment options, including private equity, hedge funds, real estate, commodities, infrastructure, private debt, and venture capital, to identify opportunities that align with the client’s investment goals, risk tolerance, and time horizon.
Due Diligence Report	Conducting thorough due diligence on potential alternative investments, including analysis of investment strategy, track record, management team, fee structure, liquidity terms, and risk factors.
Portfolio Integration Strategy	Development of a strategy to integrate alternative investments into the client’s overall investment portfolio, considering factors such as diversification benefits, correlation with traditional assets, and impact on portfolio risk-return profile.
Risk Assessment and Mitigation	Evaluation of the risks associated with alternative investments, including illiquidity risk, market risk, credit risk, operational risk, and regulatory risk, and implementation of strategies to mitigate these risks.
Liquidity Management Plan	Development of a liquidity management plan to address the illiquidity of alternative investments, including strategies for managing cash flow needs, rebalancing portfolios, and exiting investments when necessary.
Tax Planning	Implementation of tax-efficient strategies for alternative investments, including considerations for tax deferral, capital gains treatment, and structuring investments through tax-advantaged vehicles such as self-directed IRAs or 1031 exchanges.
Performance Monitoring and Reporting	Review of alternative investments to measure performance, assess risk exposures, and evaluate current suitability
Manager Selection and Due Diligence	Selection of investment managers or fund managers for alternative investments, including conducting due diligence on their investment track record, investment process, and organizational capabilities.
Exit Strategy Development	Development of exit strategies for alternative investments, including considerations for timing of exits, liquidity options, and potential exit pathways

Business Expansion

Business Entity Analysis Report	Evaluate equity structures, tax implications, and risks to offer strategic recommendations for your business’s growth
OPBP – Core Values Exercise	Define core values and purpose for your business through guided exercises, fostering alignment and clarity
OPBP – Strategic Intent Exercise	Set strategic goals for your business over 3-5 years with guided exercises, tailored to your vision and objectives
OPBP – Annual Goals and Strategic Planning Exercise	Establish or refine annual business goals through guided exercises, ensuring alignment with your strategic vision
OPBP – Quarterly Actions and Plan Review	Review and adjust quarterly actions and metrics to keep your business on track for success, supported by personalized guidance
Cash Flow Management	Develop strategies to optimize cash flow, manage working capital, and ensure financial stability for seizing growth opportunities
Budgeting and Expense Control	Create a budget framework to efficiently allocate resources, monitor expenses, and drive profitability for long-term sustainability
Risk Management Analysis	Identify and assess business risks, offering tailored strategies to mitigate market, operational, legal, and strategic risks, ensuring resilience
Owner’s Compensation Analysis	Determine fair market wages, evaluate salary versus distributions, and devise compensation plans for business owners
Valuation Improvement	Assess law firm financials, receive personalized feedback, and recommendations to enhance firm valuation
Succession Planning	Develop a succession plan with a mapped timeline and funding strategy, ensuring smooth transition for business continuity
Business Insurance Review	Evaluate current coverage, recommend enhancements like business overhead, key person, and owners policy for comprehensive protection
Nonqualified Deferred Comp Planning	Analyze costs and benefits, receive consulting, and design a customized nonqualified deferred compensation plan for financial optimization

Cash Flow Planning

Budget Analysis	Examination of current spending habits and income sources to create a budget that aligns with financial goals and capabilities
Emergency Fund Plan	Guidance on establishing and maintaining an emergency fund to cover unexpected expenses and mitigate cash flow disruptions
Debt Management Strategy	Recommendations for managing debt payments to optimize cash flow, including strategies for debt consolidation refinancing or repayment prioritization
Expense Reduction Strategies	Identification of areas where expense can be reduced or optimized to improve cash flow, such as cutting unnecessary costs or negotiating lower bills
Cash Flow Statement	Analyze current cash flow, summarize historical cash flow data over a 12 month period
Cash Flow Forecast	Identify trends, forecast future income and expenses, assess impact of unexpected events
Cash Flow Analysis	Vertical analysis of full year cash flow statement to allow for better decision making and proactive management
Cash Flow Visualization	Gain a clear understanding of tax liability and cash flow through a visual diagram of income and expenses
Personal Cash Flow System	Developing a banking system that aligns with budget and cash flow plan to automate and better manage cash flow
Home Payoff Analysis Report	Cost/benefit analysis of paying off home early versus investing for long term growth
Student Loan Review and Plan	Analyze and review current student loans, custom plan for payoff, review options for forgiveness, refinancing, etc.

Tax Planning

Tax Return Review	Analyze your most recent tax return, 1 page tax report with planning strategy recommendations to minimize taxes
Tax Analysis Report	A comprehensive review of current tax situation, including income sources, deductions, credits, and potential tax liabilities
Tax Projection	Project tax for current year, calculate estimated tax payments, identify planning opportunities
Tax Scenario Analysis	Understand the tax implications of life changes or major decisions to improve financial outcomes through a tax scenario analysis
Tax Preparation Letter	Annual letter to summarize and highlight tax planning activities executed in the previous year to provide clarity to your CPA
Tax Explainer	Understand how the IRS determines your tax bill through this powerful visualizer
Tax Efficiency Strategy	Development of personalized strategies to minimize tax liabilities and optimize after tax investment returns
Retirement Account Contribution Plan	Recommendations for maximizing contributions to tax advantaged retirement accounts such as 401ks, IRAs, or Roth IRAs to reduce taxable income and build retirement savings
Concentrated Position Analysis	Analyze a concentrated stock position and generate strategies to minimize taxes on capital gains and maximize after tax returns
Capital Gains and Losses Analysis	Evaluation of investment portfolio to identify opportunities for tax efficient harvesting of capital gains and losses
Law Firm Tax Planning	Assistance with tax planning strategies for law firm owners, including entity selection, deduction optimization, retirement planning, and succession planning
401k / Retirement Plan Evaluation	Review your business / tax needs, evaluate current retirement plan, compare options to ensure optimal plan for maximum growth
Structured Fee Planning	Plan for set up of structured fee arrangement, including frequency, duration and amount of potential payout
Structured Fee Implementation	Assist with the set up and implementation of a structured fee arrangement to minimize taxes and optimize cash flow
Roth Conversion Planning	Assess tax benefits and costs of Roth conversion, determine amount and timing of conversion to optimize current and future tax liability
Law Firm Sale Tax Plan	Create a comprehensive personal tax plan to minimize tax liability during a law firm sale / payout
Retirement Income Tax	Project cashflow in retirement, including social security income and tax torpedo, develop plan to optimize tax timing
Sudden Windfall Planning	Guided questionnaire to determine goals, needs analysis, tax minimization strategy for a sudden cash event
Charitable Giving Strategies	Guidance on tax efficient charitable giving strategies, including direct donations, donor-advised funds, charitable trusts, and other vehicles
Donor Advised Fund Planning	Gain a clear understanding on the ins and outs of a donor advised fund strategy and determine potential tax savings
Qualified Charitable Distribution Planning	Understand the ins and outs of a qualified charitable distribution and the resulting potential tax savings
Health Savings Account Strategies	Guidance on maximizing contributions to HSAs to take advantage of tax deductions, tax free growth, and tax free withdrawals for qualified medical expenses

Retirement Planning

Refocus Test	Prepare for or adapt to retirement life stages with personalized feedback, ensuring a smooth transition and fulfilling retirement experience
Retirement Lifestyle Planning	Define retirement goals, incorporating lifestyle desires like travel and hobbies into the planning process for a fulfilling retirement
Retirement Needs Analysis	Assess retirement goals and expenses to determine required savings, ensuring financial security and maintaining desired lifestyle during retirement
Capital Needs Analysis	Calculate retirement capital needs and determine the most suitable approach, ensuring financial stability tailored to the client’s needs
Retirement Goal Probability	Evaluate retirement scenarios, identify adjustment options, and increase the probability of achieving retirement goals with informed decision-making
Retirement Income Projections	Estimate retirement income from various sources, analyzing sufficiency to meet goals and ensuring financial security in retirement
Retirement Income Planning	Create a comprehensive strategy for retirement income, maximizing benefits from Social Security, pensions, and withdrawals for financial security
Asset Allocation Plan	Receive tailored recommendations for optimizing retirement savings across investments, ensuring growth and stability over time
Tax Efficient Withdrawal Strategy	Develop a strategy to withdraw from retirement accounts efficiently, minimizing taxes and maximizing post-tax income for financial well-being
Long Term Care Planning	Evaluate long-term care needs and recommend funding strategies, ensuring peace of mind and financial security for potential expenses
Social Security Optimization	Optimize Social Security filing to enhance retirement benefits and minimize tax implications, providing financial stability in retirement
Pension Benefit Optimization	Analyze pension options for optimal retirement planning, ensuring the best outcomes aligned with your financial goals
Annuity Evaluation	Assess annuity policies, identify benefits and costs, and receive recommendations for maximizing returns and minimizing risks
Future Roth Conversion Planning	Evaluate the potential benefits of Roth conversions for tax and retirement planning, enhancing long-term financial success
Rental Income Analysis	Review rental income’s role in retirement planning, analyzing options to maximize returns, including potential property sales for optimal financial outcomes
Health Care Cost Estimation	Predict future healthcare expenses, pinpointing ways to minimize costs and optimize health insurance expenditures for financial relief
Retirement Budgeting	Establish a retirement budget, managing expenses efficiently with a focus on essential needs and discretionary spending for financial stability
Financial Plan Stress Test	Conduct stress tests on the financial plan, identifying weaknesses such as market downturns, and providing strategies for resilience and security
Worst Case Scenario Tests	Assess worst-case scenarios, safeguarding the financial plan against potential risks and offering recommendations to mitigate adverse impacts
72(t) Planning	Design cash flow and 72(t) distribution plans, assessing their effects on retirement and tax strategies for optimized financial planning
RMD Planning	Anticipate RMDs, uncovering tax planning opportunities and evaluating their implications on the overall retirement strategy

Insurance Planning

Risk Assessment	Identification and analysis of potential risks and uncertainties that could impact the client’s financial well-being, such as health risks, disability, premature death, liability exposure, property damage, and loss of income.
Insurance Policy Review	General review of existing insurance policies (e.g., life insurance, health insurance, disability insurance, property and casualty insurance) to assess coverage adequacy, cost-effectiveness, and alignment with financial goals.
Life Insurance Planning	Recommendations for life insurance coverage to provide financial protection for dependents and beneficiaries in the event of premature death, including term life insurance, permanent life insurance (e.g., whole life, universal life), and survivorship policies.
Health Plan Optimization	Optimize your health plan by matching health, budget, and preference needs to plan options for Marketplace plans and Medicare. Also, identify tax savings opportunities available.
Disability Insurance Planning	Recommendations for disability insurance coverage to replace lost income in the event of a disabling injury or illness, including short-term disability insurance, long-term disability insurance, and supplemental disability coverage.
Long Term Care Planning	Evaluation of long-term care insurance options to protect against the high costs of long-term care services, including nursing home care, assisted living, and home healthcare.
Liability Insurance Review	Assessment of liability risks and recommendations for liability insurance coverage (e.g., umbrella insurance, professional liability insurance) to protect against lawsuits and legal claims that could jeopardize assets and financial security.
Cyber Security	Assess risks, evaluate options, and generate recommendations for cyber security coverage
Property & Casualty Insurance Planning	Analysis of property and casualty insurance needs to protect against property damage, loss of personal belongings, and liability exposure related to home, auto, and other assets.
Other insurance	Perform needs analysis, evaluate current policy and coverage, review potential replacements
Insurance Premium Analysis	Review of insurance premiums to identify opportunities for cost savings through policy optimization, bundling discounts, deductible adjustments, and comparison shopping.

Estate Planning

Estate Planning Assessment	Evaluation of assets, liabilities, and estate planning goals to develop personalized recommendations
Estate Plan Review	Review, analyze and summarize current estate planning documents and generate recommendations
Estate Tax Planning	Analysis of potential estate tax liabilities and recommendations for strategies to minimize estate taxes, including gifting strategies, use of marital and charitable deductions, and utilization of estate tax exemptions.
Trust Planning	Recommendations for establishing trusts to facilitate asset management, minimize estate taxes, provide for minor children or beneficiaries with special needs, and achieve other estate planning objectives.
Charitable Giving Strategies	Recommendations for incorporating charitable giving into the estate plan through techniques such as charitable trusts, donor-advised funds, and bequests in a will or trust
Design Estate Planning Structure	Prepare proposed overall estate plan structure to achieve objectives and implementation steps
Beneficiary Designations / Planning	Review of beneficiary designations on retirement accounts, life insurance policies, and other financial assets to ensure alignment with estate planning goals and avoid unintended consequences.
Asset Titling and Ownership Review	Review of asset titling and ownership structures to ensure alignment with estate planning goals, including considerations for joint tenancy, tenancy in common, and beneficiary designations.
Digital Estate Planning	Creating a plan for your digital estate, guidance on available options and assistance with implementation
Estate Organization and Communication	Organizing your estate documents and communicating your wishes with your beneficiaries and administrator
Special Needs Trust Planning	Assess long term financial needs, determine appropriate funding amount, review possible funding mechanisms

College Planning

College Savings Goal Analysis	Assessment of the client’s college funding goals, including projected college costs, desired contribution amounts, and time horizon for savings.
Education Funding Options Review	Evaluation of various education funding options, including 529 college savings plans, Coverdell Education Savings Accounts (ESAs), custodial accounts (UTMA/UGMA), and taxable investment accounts.
529 Plan Selection and Implementation	Assistance with selecting and establishing a suitable 529 college savings plan based on factors such as investment options, fees, tax benefits, and state residency requirements.
Investment Strategy Development	Development of a customized investment strategy for college savings accounts, considering factors such as risk tolerance, time horizon, and expected college expenses.
Financial Aid Analysis	Assessment of potential eligibility for financial aid programs, including need-based aid, merit-based scholarships, grants, and student loans, based on family income, assets, and other factors.
FAFSA Completion Assistance	Guidance on completing the Free Application for Federal Student Aid (FAFSA) to apply for federal and state financial aid programs, including information on deadlines, required documents, and eligibility criteria.
College Cost Estimation	Estimation of total college costs, including tuition, fees, room and board, books, supplies, and other expenses, based on the client’s selected colleges and universities.
Disbursement Planning	Plan for timing and amount of disbursements for a child entering or in college
Financial Aid Award Analysis	Evaluation of financial aid award letters from colleges and universities to compare offers, understand the breakdown of grants, scholarships, loans, and work-study programs, and assess the affordability of attending each institution.
Student Loan Planning	Recommendations for managing student loan debt, including borrowing strategies, loan repayment options, and potential loan forgiveness or repayment assistance programs.
Tax Planning Strategies	Development of tax-efficient strategies to maximize college savings and minimize taxes on withdrawals from college savings accounts, including consideration of tax credits, deductions, and state tax benefits.