Our thorough analysis of a client’s resources, circumstances, needs and goals is the basis for a customized financial plan and investment strategy. Your personalized plan will be designed to address the goals and concerns most important to you, such as building toward a comfortable retirement, providing for your children’s or grandchildren’s education, planning your legacy through a carefully designed estate, maximizing tax advantages and selecting appropriate insurance policies.
The process of client portfolio management is one of our strengths at BMY Wealth Management Group. Using principles of asset allocation and modern portfolio theory, we design customized portfolios that combine various investments such as stocks and bonds. This blend of assets is geared to the individual client’s goals, risk tolerance, preferred time frame and stated investment objectives. Our years of experience and pooled market knowledge help provide you with sophisticated investment guidance and well-informed, thoroughly researched recommendations. We continually monitor and adjust the components of your portfolio so that your asset allocation remains consistent with your stated objectives.
Risk Management and Insurance
Managing financial risk is the core of contingency planning. To help ensure that our clients are well-prepared for the unexpected – such as accidents, illness or disability – we evaluate existing risk management strategies and, as needed, suggest insurance products for life, disability and long-term care coverage.
Tax and Estate Planning
Coordinating your financial plan with your accountant, attorney and other advisors is crucial. We will work with other members of your team to ensure that all of your advisors are working together toward your goals, such as minimizing tax burdens and providing for your heirs. Should you need additional expertise in a specialized area, we can draw on our extensive network of financial professionals.
Another important aspect of our role is assisting clients’ families with communication, planning and role definition in regard to short- and long-term financial decisions. We can help address critical issues like business succession, ongoing philanthropy, bequests and the ongoing management of family wealth. This valuable aspect of our service contributes to both the present and future stewardship of our clients’ assets.
Corporate and Executive Services
Our team specializes in providing consulting services to successful corporate executives on a variety of issues that are unique to their situations. Key decision-makers also look to us for solutions for their company retirement and benefit plans.
* Financial Planning and Asset Management is offered through LPL Financial, a registered investment advisor.