Approach to Wealth Management

Wealth Management: The key to achieving your future goals!

Wealth management requires taking a personal, in-depth look at your goals and deciding how you intend to achieve those goals. Once you decide what goals are most important to you, our team of financial advisors can help you make plans to get from where you are today, to where you want to be tomorrow.

Having a financial planner help you put forth wealth management objectives can better prepare you to accomplish your future goals for, as opposed to having no financial plan, which could make envisioning your financial future all the more complicated. 

Implementing a sound wealth management plan will help you:

  • Reduce Taxes*
  • Save for Retirement
  • Decide how to Invest
  • Provide Proper Insurance Coverage

Working with a Financial Professional

Should you decide to select the Family Financial Management Group team to assist you with your financial planning, together, we will develop a confidential relationship based on mutual trust and respect. Our goal will be to ensure your objectives have been incorporated into your strategy. 

How Can Family FMG Help You

Through our proper, detailed, and thorough financial planning services, working together with our financial advisors can have you much better prepared for knowing how to achieve your goals. 

Our financial services team provides potential clients with a six step approach to determining a wealth management process:

Step 1 - No Obligation Session. At this meeting, our financial advisors will listen to your financial concerns and discuss what we can do to help you achieve your objectives.

Step 2 - Gather Information. The next, and most important step, for our financial advisors to is data gathering. This step is where we learn about all of your financial goals, objectives, assets, liabilities, income, and expenses. The foundation of a sound financial strategy is having a clear understanding of who you are and what defines you. This information is kept strictly confidential.

Step 3 - Analysis and Recommendation. A preliminary analysis of the information we have gathered about you is prepared. This includes reviewing all of your objectives and determining if they are feasible. One of our financial advisors may consult, with your permission, with your attorney, accountant, or one of your previous advisers to make sure the data is complete.

Step 4 - Final Plan Review. After all of the alternatives and information is analyzed, the best determined financial strategy designed by our financial planners with fulfilling your goals in mind will be presented to you. It contains specific recommendations created to meet your financial goals and needs.

Step 5 - Financial Products. One of our financial planners will explain how you can act on the specific recommendations in your wealth management strategy and the purchasing of financial products.

Step 6 - Update as Needed. In life, one thing is constant; change. Each year, and perhaps even more frequently, your income, investments, assumptions, needs, and objectives will change. This is why our team of financial advisors will regularly contact you to update your wealth management strategy as needed.

* Family Financial Management Group, LLC does not provide tax or legal advice. Please consult your tax advisor or attorney for such guidance.