Our objective is to ensure that your portfolio is diversified and aligned with personal circumstances and long-term goals in an effort to achieve the best possible outcome in any market scenario. We will take the time to understand your goals and work to help you enjoy life today while planning for tomorrow — dreams included. 

Life Stages Financial Planning

The investment strategies and tactics for achieving short-term goals are very different from those used to accomplish long-term ones. Managing for tax efficiency plays a key role every step of the way.

Accumulate

In the accumulation phase, you are working hard to build assets, support the household, save for college and, hopefully, set aside money for retirement. When it comes to investing in this phase, every dollar counts because dollars invested early will work hardest for you later.

Spend

Phase two is retirement. During this phase, you're likely living on a reduced income but now have the time to do things you enjoy. If you've planned adequately and factored in the potential for higher medical expenses along with your monthly bills, you should have enough extra money for a good quality of life.

Release

The release phase begins upon your death when your heirs and charitable organizations can benefit from your generosity. Tax-efficient estate planning gives you the satisfaction of offering a leg-up to your children and grandchildren or a little bit of hope to the less fortunate.

How Do You Get There?

Below we outline the steps in the financial planning process, which is modeled on the recommendations of the Certified Financial Planner Board of Standards, Inc.

Establish Objectives

  • Discuss goals, means, dreams, time frame, risk tolerance & benchmarks 

Gather Information

  • Documentation
  • Work through objectives & build planning consensus

Analyze & Evaluate

  • Analyze assets, liabilities, cash flows, insurance & tax strategies
  • Discuss likely scenarios & degree of comfort to achieve goals

Review Recommendations

  • Discuss & agree on approach
  • Finalize start plan

Implement Plan

  • Allocate existing holdings to reflect investor profile
  • Buy and/or sell financial instruments for allocation plan
  • Acquire and/or retire insurance policies as per plan
  • Set up automatic savings and/or investment plans

Review, Monitor, & Adjust

  • Monitor performance regularly
  • Review goals & objectives
  • Review new opportunities as they arise
  • Update plan as changes occur in life circumstances, goals & means

 

About our Broker/Dealer Partner

Investment Professionals, Inc.

Founded in 1992, Investment Professionals, Inc. (IPI) is a full-service broker/dealer providing a broad range of investment products and services to individual and business clients. Our 20-year record of success is grounded in our ability to build the strong foundation of trust that drives mutually successful relationships. As a client, you will have access to IPI's full team of experts, including financial and retirement planning, insurance and annuities, stocks, fixed income, estate planning, and trust services. NO BANK GUARANTEE | NOT A DEPOSIT | NOT FDIC INSURED |NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | MAY LOSE VALUE. All Securities and Advisory Services offered through Investment Professionals, Inc. (IPI), a Registered Broker/Dealer & Registered Investment Advisor and member FINRA & SIPC. The investment services offered by IPI under the name Community Wealth Management are in no way affiliated with or offered by Community Savings Bank, nor is Community Savings Bank a registered broker/dealer. Customers working with Community Wealth Management will be dealing solely through IPI with respect to their investment, brokerage and securities transactions. IPI does not offer or provide legal or tax advice. Please consult your attorney and/or tax advisor for such services. The products offered by Investment Professionals, Inc. are not insured by the FDIC, the NCUA or any other agency of the government, are not deposits or other obligations for the bank or guaranteed by the bank and involve investment risks, including possible loss of principal amount invested.