Growing in complexity and context, your financial life warrants close attention as a flow of your values and intentions, improving tax efficiency and distribution strategies as you navigate your lifestyle desires, longevity concerns and legacy dreams.
As your true wealth increases, your financial life becomes increasingly complex. You will have access to the most up to date insight to markets, tax and economic environments and coordination with your professional team. You benefit by knowing that your financial hopes, dreams and concerns are heard and that generational planning is wisely discerned and directed.
Price for the Journey of Financial Health™, based on complexity of planning scope of service – between $5,000 – $10,000. ½ up front ½ upon plan delivery.
After completing the Journey of Financial Health, you will have access to the Money Guide Pro portal to review goals, see recommendations and the “play zone”. You can address “what are you afraid of” elements and explore the Recommended plan scenario in more detail.
After completing the Journey of Financial Health, you will have access to your Personal Wealth Portal:
- Access to the Organizer – Secure all-inclusive account aggregation
- Reports – including, but not limited to: Balance sheet, Cash flow (expense details), net worth, insurances, aggregated asset allocation
- Online, private, secure vault to store documents
The cost for managing your personalized investment strategies at the Ocean level is .1125% charged in arrears based on market value of accounts at month end. This fee is taken from your investment accounts on a proportionate basis unless otherwise arranged (IRA fees can be withdrawn from non-qualified accounts to minimize tax implications). The minimum annual cost is $25,000 and maximum cost is $60,000. Your service level is based on complexity of your financial life strategic planning needs after the Journey of Financial Health and will be reviewed annually.
Money Management Implementation and Oversight:
You benefit from a personalized investment strategy that incorporates asset allocation, portfolio design, manager selection, portfolio construction, risk and tax management. You have access to creating a mandate for Socially responsible investing. Included at this level:
➢ Annual Risk tolerance analysis and review
➢ Annual Asset allocation review in conjunction with risk tolerance score
➢ Tax gain/loss harvesting in tax managed accounts
➢ Investment strategies include mutual funds, ETF, bond ladder opportunities and individual stock portfolios ($500,000+)
➢ Complimentary Cash Access Account for integrated banking needs
➢ Access to Security backed line of credit
➢ Access to Rochdale portfolio managers
➢ Access to private client portal via app or desktop applcation
➢ Quarterly rebalancing
Three Personalized meeting per year customized to cover up to three of the below topics per meeting (One meeting can be used for a family member).
❖ review of assets held in-house and away
❖ Beneficiary review
❖ Goals and objectives review
❖ Cash flow review
❖ Economic review
❖ Retirement distribution strategies (coordinating assets)
❖ Required minimum distribution calculations and coordination with philanthropic intentions
❖ Semi annual life planning/coaching consulting call up to 1 hour each
❖ Unwinding assets and tax implications. Coordination of business, real estate, markets)
❖ Education funding planning for self, children or grandchildren.
❖ Strategic charitable planning
❖ Trust Integration
❖ Insurance review (life, disability, LTC)
❖ Social Security Analysis – pre-retirement
❖ Estate/trust documents review
❖ Intergenerational planning
❖ Unlimited e-mail correspondence for questions and concerns with 24 hour turnaround on response
❖ Tax return review and strategic tax planning
Also included are:
- Collaboration with other advisory professionals (CPA, attorney, life or business coach) one hour phone call, unlimited emails.
- Access to Danielle and Molly after hours via cell
- Complimentary notary services
- Coordination of family meeting agenda and facilitation of conversations
- Complimentary invites to educational events
- dinner with guest
- Personalized client appreciation
- Quarterly Market Update
- Access to Wealth By Design proprietary content