Creating and monitoring cash flow is a cornerstone of a solid financial plan. We will work with you to do the following:
Establish a budget and categorize current cash flows
Analyze and make recommendations, if necessary, to improve cash flow
Recommend and implement debt reduction strategies, if needed.
Insurance is an integral piece of a financial plan. Different products help to protect you and your loved ones against various hardships that are both predicted and unpredicted. We will work with your insurance agent or recommend a low load insurance company to help identify possible areas of exposure and reduce those areas. Common products and services include but are not limited to:
With the cost of higher education continuing to increase, it is important to begin planning early for your children’s education. We will present and recommend different investment alternatives with you, and identify which opportunities fit best with your overall financial plan.
It is never too early to begin planning for retirement. We will assist you in developing a roadmap to a successful retirement as well as monitoring and adjusting the plan along the way. Setting goals for different milestones along your journey are a valuable tool in helping achieve the retirement lifestyle you envision. We will pull together all the pieces of your financial plan to analyze if you are on track and make any recommendations we see fit to increase your chance for success.
No matter what stage of life you are in, a current and sound estate plan is a must. This allows you to maximize the value of your estate while also fulfilling your goals for your heirs. We will work with you to establish a sound estate plan by working with your attorney or recommending one. We believe our XY Now clients, at a minimum, should have the following basic estate planning documents:
Durable Power of Attorney
Medical Power of Attorney
Directive to Physicians
Investment Advisory Services
We believe each client’s financial plan requires a customized investment approach to help you meet your needs based on your goals and life stage. We will assist you in designing and monitoring your portfolio which could include individual brokerage accounts, 401(k) accounts and IRA’s. We also can manage assets in brokerage accounts and IRA’s through accounts held at our custodian.
Effective tax planning is a crucial component of your overall financial plan. Our goal is to provide you with sound and efficient tax planning. We are able to leverage the relationship with our affiliate, Keller and Associates, CPAs, to offer you top-notch tax planning strategies to ensure your plan remains efficient in the ever changing tax environment.
Taking advantage of the relationship with our affiliate, Keller and Associates, CPAs, we can provide you with tax preparation services. Performing this service allows valuable insight in to your financial position and helps to identify further potential opportunities to enhance your overall financial plan. Additional fees may apply in regards to tax preparation.