Define your financial roadmap with the Storen Financial Advice-Only Program
A recent industry survey revealed that most individuals without a written financial plan are hesitant to create one because they feel like they don’t have enough money to need one, don’t have enough time to or that the process is too complicated. The reality is none of those things are really true; in fact setting goals and creating a plan to address them is easier than dealing with the uncertainty of whether you’re making progress or the stress of feeling behind. In that survey, they found that just 36% of Americans have a written financial plan. But among those who do, nearly all (96%) said they felt confident that they would reach their financial goals. (Click here to review this survey.)
Having a defined roadmap towards your goals with action items along the way on how to address them, is a powerful way to work towards creating the future you dream of… and this is where our Advice-Only program comes in to play.
Holistic planning on as-needed basis
Storen Financial offers Advice-Only holistic planning on an as-needed basis, i.e. the when and how that works best for you. This means we’ll work with you to formalize and quantify your goals and create a roadmap on how best to facilitate them, while making tax smart savings decisions, identifying your specific risks and giving you the resources to address them.
Designed for those who would want a different approach
Many financial advisors will only offer financial planning advice to clients whose investments they manage. While we certainly manage investments and provide ongoing support and guidance for our investment clients, we feel that financial planning is such an integral part of helping you pursue your financial goals that we wanted to give others who might not fit into this category an option.
You may be a candidate for our Advice-Only Program if any of these descriptions resonate with you:
- You’re a high-income earner who has primarily saved through your company’s retirement plan (401k/403b), and you’re contemplating how best to take advantage of your prime earning years in order to give yourself the most flexibility with retirement decisions.
- You’re very comfortable managing your own investments but would like more education on tax saving strategies as well as mapping out the best ways to structure retirement and prioritize other goals.
- You currently work with an investment manager whose expertise has been growing your assets but doesn’t necessarily take a proactive approach to retirement income planning.
- You feel secure in your financial literacy, but a second set of eyes could either help you build confidence in your plan or expose blind spots.
Consultations include comprehensive financial analysis and much more
Our Advice-Only program includes comprehensive financial analysis, retirement planning, tax management strategies, estate planning guidance, and other relevant financial advice culminating in a written financial plan with specific advice and recommendations. Topics covered include, but are not limited to…
- Retirement Income analysis
- Social Security optimization
- Investment risk exposure and asset allocation
- Roth conversion impact analysis
- Tax smart savings and distribution strategies
- Estate transfer strategies
- ERISA plan analysis
- Family Binder
How to get started?
You might not need a new investment manager at this time, but perhaps you could use an advocate and accountability partner to help bring your financial picture into focus, tangibly track your progress, and assist in making informed decisions as life changes. If this is something you’d like to learn more about, contact us now to schedule a consultation.
Have questions? Or interested in meeting with our Storen Advisory team? Click here to contact us now. Or click here to learn more about our Financial Planning Investment Services.
Blog by Ronnie Jackson, CFA® – Financial Advisor
Learn more about Ronnie and the rest of the Storen Financial team here.