- Business Planning
For entrepreneurs and business owners, incorporating business financials into the overall plan, including business expansion, succession planning, and exit strategies.
- Wealth Management
Analyzing and optimizing investments, including stocks, bonds, real estate, and other assets, to maximize returns while managing risk.
- Retirement Planning
Creating a detailed plan to ensure financial security during retirement, including estimating retirement expenses, identifying suitable retirement accounts, and managing income streams.
- Special Circumstances
Addressing unique financial situations or goals, such as dealing with windfalls, divorce, or international investments.
Complex financial planning involves creating a comprehensive and sophisticated strategy to manage an individual's or an organization's financial affairs. At FWS, Inc. , services goes beyond basic budgeting and savings and typically includes the following elements:
- Wealth Management
- Estate Planning
- Business Succession Planning
- Retirement Planning
- Charitable Planning
- Risk Management
- Tax Planning
- Specialized Investments
- Education Planning
- Specialized Investments
Exploring alternative investments like hedge funds, private equity, or venture capital, depending on the individual’s risk tolerance and financial goals.
- Education Planning
Saving and investing for education expenses, such as college tuition, for oneself or family members.
- Estate Planning
Preparing for the transfer of assets to heirs or beneficiaries while minimizing estate taxes, including the creation of wills, trusts, and power of attorney documents.
- Tax Planning
Strategically minimizing tax liabilities through legal methods such as tax-efficient investments, deductions, credits, and estate planning.
- Risk Management
Evaluating and managing various risks, such as health, life, disability, and liability insurance, to protect against unexpected financial setbacks.
- Charitable Giving
Incorporating philanthropic goals and strategies into the plan, including gifting strategies and charitable foundations.