Broker Check

Who We Serve Examples

Who We Serve Examples

***These are hypothetical situations based on real life examples. Names and circumstances have been changed.***

 

#1 Paula –

Paula, a client of mine came to me with her husband. He had been diagnosed with a terminal illness and they, especially he, wanted to construct a financial plan that could help provide for Paula after his death.  I had the luxury, if you can call it that, of assisting them in creating a strategy that could support them in their efforts of obtaining a little more confidence.

Paula was her husband’s full-time care giver so it was important for her to have a plan in place that could help her avoid being a burden to her children in the future. I informed her that one of the advantages of having a financial advisor is that they can help with things like estate plans and positioning assets in a tax advantaged manner.

It’s imperative for me as a financial advisor to ensure that my clients trust me and feel comfortable enough to have these difficult conversations especially since many of these conversations can be very emotional!

 

#2 John and Jane –

John and Jane are clients of mine. Their youngest son was just graduating from college and was starting a life independent of his parents.  He was young, healthy, had a fiancé, and was on the brink of buying a house and starting a family.

Twenty-eight days later, their son died in an accident….

Life is unexpected and you never know what can happen.  All we can do is plan as best we can. As a financial planner I can help with things like purchasing Life Insurance that can assist in providing some protections in case you ever have to face an unimaginable situation like this. 

 

#3 Dick and Jane–

Dick and Jane received an inheritance that allowed them to retire sooner than they had originally planned so they purchased property on a lake where they could fully enjoy their retirement.

I worked with them together as a team, to create a plan to help assist them with living life independent of one another in case one of them were to pass away.  Since it was impossible to predict which of them might die first, we made plans for both scenarios. I reviewed each plan with them individually so that they knew what would happen and how to proceed financially if they were left to deal with things on their own.

As a financial advisor, I’ve learned that helping my clients become familiar with their plans is a great way to assist with easing fears about their financial futures. I believe that fear of the unknown can be the scariest thing!

 

#4 Sandy –

Sandy, a long-time friend of mine, was facing a divorce. Understanding that she would soon be a single woman made her realize how important it was for her and the women in her family to educate themselves financially. We began having meetings to go over all their finances so I could answer any questions they might have. I conducted a full year forensic analysis for each of them to get to the bottom of everything and fully understand their financial situations. This helped us in deciding which options were most suitable for each of them.

I helped Sandy establish “old age coverage” or in other words, long-term care coverage as well as set up an estate plan.  I helped both her daughters set up college savings plans for their children and when Sandy lost her father, I helped her mom create a budget in an effort to assist her with her goals of having funds for travel and other hobbies.

Although unfortunate, these situations have allowed me the pleasure of working with three generations of women in her family. 

 


IMPORTANT NOTE:

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments or strategies may be appropriate for you, consult your financial advisor prior to investing.

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