SIGNS YOU NEED A WEALTH MANAGER

Transcription

1 5 A FIDUCIARY OF YOUR OWN SIGNS YOU NEED A WEALTH MANAGER Fiduciary Duty / Wealth Management for Individual Investors and Families Over one s lifetime, the need for sophisticated and professional financial guidance becomes imperative. At what point do individuals realize they have crossed over to needing the expertise and guidance of a wealth manager? Institutional investors have known for years the invaluable role a fiduciary can play in the management and administration of wealth. For individual investors and their families, such expertise is also available through the comprehensive services of a wealth manager who is a CERTIFIED FINANCIAL PLANNER TM practitioner.

2 Time and Commitments / Finding a Way Forward If you are like most successful individuals, you may have enlisted the services of a wide variety of financial professionals over the years. It wouldn t be unusual for you to have hired an accountant, insurance agent, stockbroker, advisor, or estate attorney to counsel you at one time or another. You have most likely served as the prime mover in accessing and coordinating these professionals. Or, perhaps you even play one or two of these roles on your own. An uneasy sense may emerge when increasing oversight responsibilities become a burden. There are five tell-tale signs you may be ready to enlist the services of a professional wealth manager. 1 YOUR CURRENT FINANCIAL STRATEGY ISN T KEEPING UP WITH YOUR NEEDS Are you spending more time on nights and weekends trying to sort out the wide variety of financial concerns that impact your life? DECISION-MAKING MAY INVOLVE: Investment choices Retirement needs Insurance protection Risk profiling Education expenses Savings goals Portfolio performance Tax strategies Debt reduction CHANCES ARE YOUR FINANCIAL CIRCUMSTANCES MAY REQUIRE GREATER OVERSIGHT THAN YOU CAN SUCCESSFULLY PROVIDE ON YOUR OWN. 2 FIVE SIGNS YOU NEED A WEALTH MANAGER

3 2 YOU NEED MORE THAN YOUR CURRENT PROFESSIONAL RELATIONSHIP CAN DELIVER You may find that beyond selecting securities, your current professional has little to offer in the way of helping you shape a cohesive financial vision for the future. A comprehensive wealth manager will develop strategies for your needs holistically. Your Life Is Dynamic and Evolving Shouldn t your wealth management strategy be dynamic and evolving as well? A successful strategy is designed to keep up with your changing needs. Your current advisor may not be working hard enough for your financial future. When You Succeed, We Succeed Distinguishing between fees and commissions is important in determining whether an investor s best interests are likely to be served. At WFWM, compensation for investment management is based on a set percentage of assets under management. This means our financial interests are better aligned with our clients interests. Consider Hiring a Fiduciary to Manage Your Wealth Fiduciaries oversee your wealth and are required by law to act in your best interest rather than for their own profit. A CFP practitioner serves as a fiduciary and can provide a high level of expertise to: Balance long-term goals with short-term needs Build a well-diversified portfolio Plan and manage your finances Create a risk management safety net Explore beneficial tax strategies WECHTER FELDMAN WEALTH MANAGEMENT 3

4 FEEL MORE PREPARED FOR THE FUTURE WHEN YOU PLAN FOR EXTENDED FAMILY 4 YOU ARE FACED WITH A MAJOR FINANCIAL DECISION YOU CANNOT MAKE ON YOUR OWN Major financial decisions both good and bad will have a huge impact on your future. Investment management and retirement planning often go hand-in-hand when seeking the guidance of a wealth manager. A fiduciary can evaluate your options and instill confidence in your choices. Additional evaluations for college funding and life, disability, and long-term care insurance can be completed depending on your needs. A wealth manager can also ensure your investment profile is updated and monitored on an ongoing basis. 4 FIVE SIGNS YOU NEED A WEALTH MANAGER

5 5 YOU NEED A LASTING, FLEXIBLE, COMPREHENSIVE PLAN THAT REFLECTS YOUR VISION OF THE FUTURE A wealth management relationship is especially desirable in the area of life planning, where the emphasis is on integrating a range of personal priorities into one coherent picture. A successful wealth management strategy seamlessly integrates with all aspects of your financial life. Check the box How many of the five signs apply to you? #1 Your current financial strategy isn t keeping up with your needs #2 You need more than your current professional relationship can deliver #3 You require more guidance to plan across family generations #4 You are faced with a major financial decision you cannot make on your own #5 You need a lasting, flexible, comprehensive plan that reflects your vision of the future Consider enlisting a professional wealth manager for greater financial guidance and oversight. WEALTH MANAGEMENT OFFERS A HOLISTIC APPROACH TO LONG-TERM PLANNING INVESTMENT ADVICE Asset Allocation Risk Tolerance Portfolio Rebalancing Performance Reporting Ongoing Monitoring INVESTMENT ANALYSIS Momentum Technical Fundamental Market Forecasting Economic Commentary FINANCIAL PLANNING Retirement Planning Education Planning Income Tax Planning Risk Management Planning Estate Planning WECHTER FELDMAN WEALTH MANAGEMENT 5

6 About WFWM Our wealth management services are designed to increase the probability of success relative to your given resources and timeframe. Let us assist you in gaining control and peace of mind around saving, investing, and spending. Your future is around the corner and so is Wechter Feldman. Based in Parsippany, New Jersey, we have served individuals, families, businesses, estates, and trusts since At Wechter Feldman, the pace is unhurried and our approach is relaxed and thoughtful. Take the time to get to know us. If you d like to learn more about securing your financial future, then start a dialogue today. Our achievements have earned national recognition and a reputation for industry excellence. WECHTER FELDMAN IS A MEMBER OF THE RIA SURVEYS & RANKING of nationally ranked Registered Investment Advisers based on assets under management. Financial Advisor, July 2015 WECHTER FELDMAN HAS BEEN SELECTED AS ONE OF THE TOP RIAs in the country ranked by discretionary assets under management. Investment News, May 2015 DAVID FELDMAN WAS SELECTED AS ONE OF THE BEST FINANCIAL ADVISORS FOR DOCTORS based on his expertise and experience with serving physicians. Medical Economics, November 2014 OUR FIRM S GROWTH EARNED A SPOT IN THE INC ranking of America s Fastest Growing Private Companies. Inc. Magazine, September 2012 WFWM s Team Approach We believe in surrounding you with expertise. Every client of Wechter Feldman is assigned to a team of highly trained professionals. Your dedicated Wealth Manager and Advisory Services Analyst are available when you need them. 6 FIVE SIGNS YOU NEED A WEALTH MANAGER

7 How We Work to Your Advantage At Wechter Feldman Wealth Management we practice wealth management as a process. We understand that just like individuals, no two families or financial plans are ever the same. That s why we re committed to constructing a strategy that aligns with your unique goals and aspirations. Wealth management can help you reach your goals by evaluating your whole financial picture and developing strategies tailored to your individual needs and available resources. Experience the WFWM Difference With Wechter Feldman s integrated services, you can coordinate your entire financial plan under one convenient roof. We will review your goals, analyze your financial condition, and develop and implement recommendations. Over time, we ll monitor your progress and adjust for changes as they arise. 1 GATHER DATA AND REVIEW GOALS 5MONITOR AND MAKE ADJUSTMENTS 2 ANALYZE YOUR FINANCIAL CONDITION 4 IMPLEMENT RECOMMENDATIONS 3 DEVELOP AND REVIEW RECOMMENDATIONS To learn more about Wechter Feldman Wealth Management, visit our website at WECHTER FELDMAN WEALTH MANAGEMENT 7

8 Experience Wechter Feldman Wechter Feldman Wealth Management is an independent Registered Investment Advisor. Wechter Feldman Wealth Management, Inc. Octagon 10 Center / 1719 Route 10 East / Suite 224 / Parsippany, New Jersey Phone Fax / wfwm.info@wechterfeldman.com