Much like how you'd expect your primary care physician to keep your overall health in mind when they make specific recommendations or prescriptions, we treat "wealth management" as a holistic strategy. It encompasses all aspects of our clients’ financial lives, from banking to investments to estate planning and beyond...
Retirement Income Strategy
- Social security
- Rental property income
- Portfolio drawdown strategies
Executive Compensation Strategies
- Stock options
- Cash balance plans
- Deferred compensation
And we invest the same stuff for our clients that we do for ourselves, time horizon and risk tolerance permitting. Our portfolios, our spouses’ portfolios, our dogs’ portfolios – they are all managed the same way. We absolutely eat our own cooking!
Tax Efficiency & Strategy Planning
- Timely Roth conversions
- Strategic charitable gifting
- Intelligent asset location
- Coordinated timing of income sources like Social Security, Pensions, Deferred Comp, and Required Minimum Distributions.
But there are lots of factors at play, depending on the assets you have on hand and what you ultimately want to do with them. How might estate and gift tax affect what you leave behind? How much of your total savings is transferable to heirs? How does charitable giving play into everything? These questions and many more like them are much easier to navigate with the input of a knowledgeable financial advisor.
It’s all about tax brackets. Throughout your career, it makes sense to focus on saving and investing so you have as much of a cushion as possible for your retirement and estate. But once you approach retirement, it’s time to fine-tune those assets to get them as close as possible to meeting your needs, without tipping you into a higher tax bracket than you really need to be in.
This process of fine-tuning is commonly referred to as “distribution strategy” or “spend-down strategy.” As with many aspects of financial planning, while you can undertake this process yourself, it is often much more effective with the input of a knowledgeable financial planner.
This communication is strictly intended for individuals residing in the states of AK, AL, AZ, CA, FL, MD, NV, OR, TN, TX, WA, MS. No offers may be made or accepted from any resident outside these states due to various state requirements and registration requirements regarding investment products and services. Securities and advisory services offered through Commonwealth Financial Network®, www.FINRA.org/www.SIPC.org, a Registered Investment Adviser.
Wiegand Financial Group, 121 Lakeside Ave. Suite B, Seattle WA 98122