Coordinated Wealth Management provides a holistic planning approach to each and every client.
No plan is complete without an understanding of the interaction between all components of your financial plan. The Coordinated Wealth Management logo is a visual representation of this coordination. Each of the four rings represents a component. It is only through the coordination of these rings that your plan can reach its full potential.
1. BLUE – YOUR DREAMS, GOALS AND ASPIRATIONS
• Goals are more than financial.
• Can include charitable aspirations, legacy and quality of life.
2. GREEN – MONEY AND OTHER ASSETS
• Cash flow.
• Asset and liability matching.
• Planning a predictable and reliable income stream for retirement.
3. RED – TAXES, FEES AND OTHER HIDDEN COSTS
• These are the costs associated with your overall plan.
• These costs often represent a huge obstacle to achieving your goals.
• Many have no idea what they are paying.
4. BLACK – LAW, CONTRACTS AND DOCUMENTS
• Tax law, trust law and business law
• Estate planning documents (Wills, Trusts, Living Wills, Powers of Attorney,etc…)