You’re a person, not a portfolio
and we’d very much like to get to know you
Our commitment to you.
All of our clients are unique, and we love that; we will treat you as the one in 7.5 billion that you are.
Here’s what to expect from us:
Understand
Your goals are the first thing we’ll explore, to help us understand your hopes and dreams, troubles and challenges.
Your goals will be the point of departure for all possibilities moving forward, and if something changes, we’re nimble and we’ll help you adapt to a new path.
Analyze
We’ll analyze your unique situation comprehensively and systematically.
Having the picture of your finances past and present will help us map out an ideal route for your future.
Advise
A plan is crafted based on your input; our advice is intended to help.
Our goal is to support you and offer sound reason and good advice as you continue on your path.
Monitor
We will monitor your continued progress, and through this activity, we’ll measure success. (Planning is a process, not a product!)
Like the acrobat on the wire, for the most part she’s steady and making progress… now and again she’ll correct her position to keep that forward momentum; this is the attitude we all strive for when dealing with our finances.
Case Study: Mapping an Exit Strategy
The Situation:
Dave spent most of his adult life building a profitable medical device company. But with his 60th birthday approaching, he wanted to explore wealth preservation strategies that would shore up his retirement and give his employees a more meaningful way to share in the company’s success.
Our Approach:
With the assistance of our team, Dave and his attorney can create an employee stock ownership plan (ESOP), awarding the employees a certain percent ownership stake in the company. Then we can use the proceeds from the sale to purchase a well-diversified portfolio of U.S. stocks and bonds that fit the IRS’s definition of “qualified replacement properties.” Under this structure, Dave is not required to pay capital gains tax on the proceeds of his sale as long as he retains these securities.
This approach could reward Dave’s employees for their contributions and dedication, and potentially incentivize employees by tying their own financial success more directly to the company’s performance. It would also provide Dave with a highly tax-efficient way to liquidate his own shares. The goal with this strategy is affording Dave and his wife the cash flow they need to maintain their lifestyle, set up college savings accounts for their two grandchildren and look forward to a comfortable retirement.
This case study is a hypothetical demonstration of our planning process and is for illustrative purposes only. It is not a real portrayal of a client scenario. It is not intended to infer any particular client outcome. While we are familiar with the tax provisions of the issues presented herein, as Financial Advisors of Raymond James we are not qualified to render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Planning is a process, not a product.
Our approach to wealth management puts your interests first as we work to bridge the gap between business and personal assets.
By utilizing a long-term process of wisely managing your finances, we help you to optimize — and enjoy — the fruits of your life-long labors.
