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W E A L T H M A N A G E M E N T

the molecular map of wealth management

there are hundreds of aspects to managing your

financial life. when you fold out this page, you’ll

see just how vast and interconnected that universe

of financial elements can be. partnering with your

wealth management advisor is the perfect formula

for managing this complexity.

IncomeTaxation

GST Taxation

Gift &Estate

Taxation

WealthReplacement

EstateFreezes

DiscountedGifting

LiquidityPlanning

Maximizing Available

Credits

MinimizingTransfer

Taxes

LifetimeGiving

Children of a PreviousMarriage

ManagingProbate

EqualizingInheritances

Securityfor Family &

Friends

Family Bank(Dynasty

Trust)

BusinessSuccession

Planning forIncapacity

TransferringWealth

CharitableTrusts

Direct Gifts

Income & Estate

DeductionPrivate

Foundations

DonorAdvised

FundsCharitable

Gifting

OwnershipIssues

Trusts

SpecialNeedsTrusts

Divorce

PrenuptialAgreements

StatutoryProtections

LiabilityInsurance

BusinessDissolutions

AssetProtection

ESTATEPLANNING

ESTATEPLANNING

LegalDocuments

BusinessInterruption

Insurance

AdvisoryBoard

P&CInsurance

LiabilityInsurance

EmployeeRetention

WorkersComp.

FinancialControls

BusinessConcerns

DisabilityInsurance

Long-TermCare

HealthInsurance

GroupBenefits

LifeInsurance Life & Health

Insurance

Testing

Exercise

Nutrition

Psychology

Lifestyle

Spirituality

Health &Welfare

Ownership& BeneficiaryDesignations

P&CInsurance

LegalCovenants

UmbrellaCoverage

ProfessionalLiabilities

PersonalLiabilityAnalysis

AssetProtection

RISKMANAGEMENT

RISKMANAGEMENT

NonqualifiedDeferred

Comp.

StockOptions

PersonalPerformance

Incentives

HealthInsurance

CafeteriaPlans

Tax-Advantaged

NQ Plans

QualifiedRetirement

Plans ExecutiveCompensation

StrategicAlliances

E-MythPlanning

Positioning for Sale

Valuation

Terms

ESOPs

Buy-SellsGroomingSenior

Management

SuccessionPlanning

Sales &Marketing

JointVentures

Cost/BenefitAnalysis

Controls

AssetManagement

HumanResourcesTax Issues

ProductDevelopment

Operations

Advisory Board

WorkersComp.

Business Interruption

Insurance

Employee Retention

LiabilityInsurance

P&CInsurance

FinancialControls

LegalDocuments

LegalStructure

RiskManagement

BUSINESSPLANNINGBUSINESSPLANNING

Marriage

Divorce

TerminalIllness

InheritedWealth

Death in the Family

EducationExpenses

Retirement

Life EventPlanning

Tax-Deferred

Investments

Tax Straddles

Wash SalesTax-ExemptInvestments

QualifiedDividends

Passive Income &

Losses

1031Exchanges

Gains & Losses

MutualFund

Taxation

Investment Tax

Planning

Distributionto Owners

Real Estate

State TaxPlanning Reorganization

Benefit Planning

SellingBusiness

Assets

Deductible Expenses

Income &Losses

Employment Taxes

EntityChoices

Business TaxPlanning

FederalDeathTaxes

AppreciatedSecurities

GenerationSkippingTrans. Tax

State DeathTaxes

Taxationof Trusts

CharitableDeductions

Income inResp. of

Decedent

Timingof Gifts

Gift & EstateTax Planning

Timing ofIncome

EstimatedTax

Payments

Timing ofDeductions

AlternativeMinimum

Tax


VacationHomesKiddie Tax

SocialSecurity

Income TaxPlanning

TAXATIONTAXATION

SupplementalLife

Insurance

COLI

SERPs

Split Dollar

BOLI

ExecutiveBonus

401(k)Mirror Executive

Compensation

BasicSecurities

RealProperty

AlternativeInvestments

SpecialSituations

GovernmentPensions

AssetAllocation

BasicNeeds

PersonalSavings

SEPs

Roth IRAs

TraditionalIRAs

SIMPLEs

RolloverIRAs

SpousalIRAs Individual

Retirement Accounts

72(t)s

QP Distribution

Analysis

Multi-Generation

IRAsAnnuityDistributions

NQDistribution

Analysis

Cash FlowAnalysis

Social SecurityBenefits

BeneficiaryPlanning

Distribution

Nonprofit403(b)s &

457sTraditional

DBs

ESOPs

401(k)s Keoghs

(PSPs/MPPs)

412(i)s QualifiedPlans

RETIREMENT PLANNING

PortfolioOptimization

InvestmentPolicy

Statement

Risk Analysis

Tax Planning

AssetAllocationStocks

Short-TermAssets

Bonds

Mutual Funds

Indices

IndividualManagers

Annuities

StockOptions

BasicSecurities

ConcentratedEquity

Positions

OptionIncome

Strategies

MarginStrategies

CashlessStock Option

Exercises

ESOPs

RestrictedStock Sales

EmployeeBenefits

1031Exchanges

SpecialSituations

Real Estate

Tax Shelters

Commodities

VentureCapitalFunds

HedgeFunds

AngelInvestmentsManaged

Futures

Oil & Gas


Cash Flow

Homes &Mortgages

Retirement

Insurance

Education

Savings/Investments

Elder Care

EmergencyFunds

BasicNeeds

ACCUMULATIONACCUMULATION

WEALTHMANAGEMENT

WEALTHMANAGEMENT

WEALTHMANAGEMENT

IncomeTaxation

GST Taxation

Gift &Estate

Taxation

WealthReplacement

EstateFreezes

DiscountedGifting

LiquidityPlanning


Credits

MinimizingTransfer

Taxes

LifetimeGiving


ManagingProbate



Friends

Family Bank(Dynasty

Trust)

BusinessSuccession


TransferringWealth

CharitableTrusts

Direct Gifts

Income & Estate

DeductionPrivate

Foundations

DonorAdvised

FundsCharitable

Gifting

OwnershipIssues

Trusts

SpecialNeedsTrusts

Divorce



LiabilityInsurance


AssetProtection

ESTATEPLANNING

ESTATEPLANNING

LegalDocuments


Insurance

AdvisoryBoard

P&CInsurance

LiabilityInsurance

EmployeeRetention

WorkersComp.

FinancialControls

BusinessConcerns

DisabilityInsurance

Long-TermCare

HealthInsurance

GroupBenefits


Insurance

Testing

Exercise

Nutrition

Psychology

Lifestyle

Spirituality

Health &Welfare


P&CInsurance

LegalCovenants

UmbrellaCoverage



AssetProtection

RISKMANAGEMENT

RISKMANAGEMENT


Comp.

StockOptions

PersonalPerformance

Incentives

HealthInsurance

CafeteriaPlans

Tax-Advantaged

NQ Plans

QualifiedRetirement


StrategicAlliances

E-MythPlanning


Valuation

Terms

ESOPs


Management

SuccessionPlanning

Sales &Marketing

JointVentures


Controls

AssetManagement


ProductDevelopment

Operations

Advisory Board

WorkersComp.


Insurance

Employee Retention

LiabilityInsurance

P&CInsurance

FinancialControls

LegalDocuments

LegalStructure

RiskManagement


Marriage

Divorce

TerminalIllness

InheritedWealth

Death in the Family

EducationExpenses

Retirement

Life EventPlanning

Tax-Deferred

Investments

Tax Straddles


QualifiedDividends

Passive Income &

Losses

1031Exchanges

Gains & Losses

MutualFund

Taxation

Investment Tax

Planning


Real Estate


Benefit Planning

SellingBusiness

Assets

Deductible Expenses

Income &Losses

Employment Taxes

EntityChoices


FederalDeathTaxes



State DeathTaxes

Taxationof Trusts


Income inResp. of

Decedent

Timingof Gifts


Timing ofIncome

EstimatedTax

Payments

Timing ofDeductions

AlternativeMinimum

Tax



SocialSecurity

Income TaxPlanning

TAXATIONTAXATION

SupplementalLife

Insurance

COLI

SERPs

Split Dollar

BOLI

ExecutiveBonus


Compensation

BasicSecurities

RealProperty


SpecialSituations

GovernmentPensions

AssetAllocation

BasicNeeds

PersonalSavings

SEPs

Roth IRAs

TraditionalIRAs

SIMPLEs

RolloverIRAs


Retirement Accounts

72(t)s

QP Distribution

Analysis

Multi-Generation


NQDistribution

Analysis

Cash FlowAnalysis


BeneficiaryPlanning

Distribution

Nonprofit403(b)s &

457sTraditional

DBs

ESOPs

401(k)s Keoghs

(PSPs/MPPs)


RETIREMENT PLANNING


InvestmentPolicy

Statement

Risk Analysis

Tax Planning


Short-TermAssets

Bonds

Mutual Funds

Indices

IndividualManagers

Annuities

StockOptions

BasicSecurities

ConcentratedEquity

Positions

OptionIncome

Strategies

MarginStrategies


Exercises

ESOPs


EmployeeBenefits

1031Exchanges

SpecialSituations

Real Estate

Tax Shelters

Commodities

VentureCapitalFunds

HedgeFunds


Futures

Oil & Gas


Cash Flow

Homes &Mortgages

Retirement

Insurance

Education

Savings/Investments

Elder Care

EmergencyFunds

BasicNeeds


WEALTHMANAGEMENT

WEALTHMANAGEMENT

WEALTHMANAGEMENT

partner with an expert

No matter what your level of wealth, working with your wealth management advisor can help

you pursue your goals. Together, you’ll go through a comprehensive process for managing your

financial life and creating a long-term plan customized to your needs. The process starts by

examining the wealth management universe and its six modules:

• accumulation: how to target asset growth

• retirement planning: how to target distribution of your assets in a tax-advantaged way

• estate planning: how to preserve your assets

• risk management: how to protect your assets

• business planning: how to grow and manage your business

• taxation: how to minimize your tax burden

create a comprehensive plan

By exploring each module in detail, we’ll determine which ones require our immediate

attention and which ones are more long-term in nature. From our findings, we’ll assemble

an implementation plan.

support your financial goals

Working together with your wealth management advisor can simplify the complexities of

your financial life by allowing you to focus on managing your wealth in a systematic way for

the long term.

A C C U M U L A T I O N

fundamental to the wealth management process is the creation of an investment portfolio. creating your

portfolio is more than a means to amassing wealth, however; it also involves earning, managing, and

consuming money. w hether you’re investing for retirement, college, or another objective, you are faced

with the task of quantifying your goal, developing an asset allocation strategy, and choosing the most

appropriate investment vehicles.


InvestmentPolicy

Statement

Risk Analysis

Tax Planning


Short-TermAssets

Bonds

Mutual Funds

Indices

IndividualManagers

Annuities

StockOptions

BasicSecurities

ConcentratedEquity

Positions

OptionIncome

Strategies

MarginStrategies


Exercises

ESOPs


EmployeeBenefits

1031Exchanges

SpecialSituations

Real Estate

Tax Shelters

Commodities

VentureCapitalFunds

HedgeFunds


Futures

Oil & Gas


Cash Flow

Homes &Mortgages

Retirement

Insurance

Education

Savings/Investments

Elder Care

EmergencyFunds

BasicNeeds


Accumulation planning addresses an individual’s investment needs, asset allocation, and the suitability of

different types of securities in light of your goals and risk tolerance.

In today’s world, there are common needs and desires people seek to accomplish—improving cash flow,

for example, or saving and investing to obtain a certain level of education, to buy a home, or to support

a comfortable standard of living in retirement. To protect their ability to earn and accumulate wealth,

many people choose to hold insurance, as well as maintain an emergency fund, to guard against depleting

savings that are intended for other goals.

Asset allocation is used to distribute your investable assets among a variety of investment categories, such

as stocks, bonds, and cash. The process can reduce overall investment risk, create more reliable investment

forecasts, and improve the risk/return trade-off of your portfolio. Most investors understand that as risk

increases, the potential for return also increases. But there is a point for every individual where the level

of risk is not worth the potential return. The goal of asset allocation is to provide you with the risk/return

scenario that is most comfortable for you.

Accumulation planning also involves the choice of securities for your investment portfolio. Basic securities,

also referred to as traditional investments, are stocks, bonds, and mutual funds. Separately managed

accounts, indices, option strategies, short-term assets, and annuities are also basic concepts we use to

optimize your portfolio.

Alternative investments, or any investment other than stocks and bonds, may also be an option for the

right investor. One of the benefits of alternative investments is diversification*, which results from the

inclusion of investments that have historically reacted differently to the markets than more traditional

investments have. Managed futures, commodities, hedge funds, oil and gas, tax shelters, venture capital

funds, and real estate are all examples of alternative investments.

Some situations require different expertise than typical stock and bond portfolio implementation. These

situations usually pertain to employer-related retirement plans and stock options, margin strategies, and

real estate exchanges.

*Diversification does not assure a profit or protect against a loss during a market decline.

R E T I R E M E N T P L A N N I N G

retirement planning involves evaluating your current financial standing and creating an accumulation

strategy that will help to ensure a desired retirement lifestyle. because an individual’s retirement years

can span decades, retirement planning generally dominates other financial goals. a successful plan put

into place during the wealth-building life span should address ways to maximize growth and tax-efficient

distributions, as well as how to leave retirement assets to the next generation.

SupplementalLife

Insurance

COLI

SERPs

Split Dollar

BOLI

ExecutiveBonus


Compensation

BasicSecurities

RealProperty


SpecialSituations

GovernmentPensions

AssetAllocation

BasicNeeds

PersonalSavings

SEPs

Roth IRAs

TraditionalIRAs

SIMPLEs

RolloverIRAs


Retirement Accounts

72(t)s

QP Distribution

Analysis

Multi-Generation


NQDistribution

Analysis

Cash FlowAnalysis


BeneficiaryPlanning

Distribution

Nonprofit403(b)s &

457sTraditional

DBs

ESOPs

401(k)s Keoghs

(PSPs/MPPs)


RETIREMENT P�ANNIN�

There are several ways to save for retirement—qualified employer-sponsored plans, individual retirement

accounts (IRAs), executive deferral plans, and personal savings.

Qualified plans are employer-sponsored retirement plans, such as 401(k)s and pension plans. Although

there are contribution limits and strict distribution rules, these plans are popular because of their tax

benefits. Contributions are taken out of your paycheck before taxes are factored in, and your investments

grow tax-deferred. Generally, employers can make participation even more attractive by matching all or

a portion of an employee’s contribution. In the wealth management process, it’s important that you

choose the optimum plan to benefit the key people in your company.

IRAs are inexpensive, as well as easy to establish and maintain. They also offer favorable tax incentives.

They can be created by an individual or provided by an employer. Most people use IRAs to consolidate

retirement savings that were previously held in employer-sponsored plans. The wealth management

process coordinates the investments held in your IRA with your other savings plans.

You may find that qualified plans, IRAs, and social security won’t provide enough money to support

your desired retirement lifestyle. By identifying your retirement gap, you can develop a strategy for

personal savings invested outside of the traditional retirement vehicle. This strategy may include

investments in annuities, government securities, real estate, mutual funds, and other securities.

Business owners or executives may have access to other tax-advantaged retirement savings vehicles.

Nonqualified executive compensation is a generic term used to describe a compensation arrangement

that provides retirement income—and, in some cases, death benefits—to key employees of a business.

At the heart of any retirement plan is the distribution of accumulated assets. The correct distribution

method will help to ensure that your retirement savings last beyond your lifetime with minimum

shrinkage from taxes. From premature distribution options that allow access to retirement assets prior to

age 591⁄2, to products intended to provide stable monthly payments for retirement, distribution planning is

paramount to a successful retirement plan.

E S T A T E P L A N N I N G

estate planning creates a master plan for the management of your property during life and the distribution

of that property at death. for most people, estate planning will give you more control over your assets

during your life, provide care when you are disabled, and allow for the transfer of wealth to whom you

want, when you want, at the lowest possible cost.

IncomeTaxation

GST Taxation

Gift &Estate

Taxation

WealthReplacement

EstateFreezes

DiscountedGifting

LiquidityPlanning


Credits

MinimizingTransfer

Taxes

LifetimeGiving


ManagingProbate



Friends

Family Bank(Dynasty

Trust)

BusinessSuccession


TransferringWealth

CharitableTrusts

Direct Gifts

Income & Estate

DeductionPrivate

Foundations

DonorAdvised

FundsCharitable

Gifting

OwnershipIssues

Trusts

SpecialNeedsTrusts

Divorce



LiabilityInsurance


AssetProtection

ESTATEPLANNING

ESTATEPLANNING

Common estate planning issues addressed in the wealth management process include the transfer of

wealth, the minimization of transfer taxes, asset protection, and charitable giving.

Wealth transfer planning involves the smooth transition of wealth to the next generation, or to charities,

according to your wishes. With proper estate planning, you decide to whom, how, and when your assets

will be distributed, as well as who will manage your estate or business. Special issues you may deal with

are providing financial security for family and friends, planning for children of a previous marriage,

equalizing inheritances fairly, and retiring from your business. Wealth transfer planning also involves

the management of assets during disability or incapacity.

A major goal of estate planning is to minimize potential taxes without interfering with your other financial

goals. If you give away wealth, during life or at death, you may incur federal taxes—and possibly additional

state taxes. These taxes include gift, estate, income, and inheritance taxes. You can help protect the assets

you transfer from excessive depletion by understanding these taxes and the various strategies you can use

to minimize them.

If you own substantial assets, creditor protection can be a concern. Creditors can come in the form of

the IRS, accident victims, Medicaid, business creditors, or an ex-spouse. An asset protection plan first

uncovers potential exposure and then identifies preventive tools and strategies to reduce exposure. Asset

protection planning deals with ownership issues, liability insurance, statutory protections, special needs

trusts, offshore and domestic trusts, prenuptial agreements, divorce, and business dissolutions.

Charitable giving is motivated by both personal and tax incentives. Most people donate to favorite

charities because they believe in the charity’s mission, and they gain a sense of personal satisfaction by

contributing to that mission. Congress encourages charitable giving through tax legislation that can

minimize your income and estate taxes. Charitable planning involves selecting the gifted property and

charitable structure that will target your income, estate planning, and donative needs.

The wealth management process does not end with estate planning; it coordinates your estate plan

with your overall plans for your business, investments, insurance, and employee benefits.

R I S K M A N A G E M E N T

risk management is intended to minimize financial and other losses potentially associated with risks to

your assets, business, or health. some examples of risk are personal and professional liability, business

ownership, property loss, and catastrophic illness or disability. your first line of defense is to identify

your sources of risk and then to either avoid or minimize the major exposures. y our last line of defense

is insurance.

LegalDocuments


Insurance

AdvisoryBoard

P&CInsurance

LiabilityInsurance

EmployeeRetention

WorkersComp.

FinancialControls

BusinessConcerns

DisabilityInsurance

Long-TermCare

HealthInsurance

GroupBenefits


Insurance

Testing

Exercise

Nutrition

Psychology

Lifestyle

Spirituality

Health &Welfare


P&CInsurance

LegalCovenants

UmbrellaCoverage



AssetProtection

RISKMANAGEMENT

RISKMANAGEMENT

Asset protection planning manages risks to your wealth. Lawsuits, accidents, property damage, and other

financial risks are facts of everyday life. Asset protection planning seeks to transfer the risk of these events

through insurance, repositioning asset ownership, and other protections available under the law.

Starting and running a business carries its own set of risk exposures. The type of business entity you

choose can have a huge impact on how safe your personal and business assets are from risk. The state

you choose to do business in is another factor. Additional factors that expose you to risk include how

you manage your business, your human resources, and your taxes. Business risk management identifies

your options for handling these risks.

Both genetics and lifestyle affect your risk profile. Being overweight, eating poorly, failing to exercise,

smoking, driving unsafely, and not wearing a seatbelt will increase your insurance premiums. On the

other hand, exercising, eating consciously, maintaining a healthy weight, getting regular medical checkups,

and obtaining necessary medical care all contribute to a lifestyle that can reduce your insurance premiums.

Although you have no control over your genetics, you do have control over how you live your life.

Educate yourself on how making healthy choices can not only improve your general health and wellness,

but can also have a direct impact on your health care costs.

B U S I N E S S P L A N N I N G

business planning focuses on wealth management issues specific to business owners and shareholders.

for most business owners, the business is their most significant asset, and the financial success of that

business has an immediate impact on the economic security of their family. without proper planning, you

may have difficulty tapping the value of your business to support your retirement, or your family may

lose the value of your business at your death.


Comp.

StockOptions

PersonalPerformance

Incentives

HealthInsurance

CafeteriaPlans

Tax-Advantaged

NQ Plans

QualifiedRetirement


StrategicAlliances

E-MythPlanning


Valuation

Terms

ESOPs


Management

SuccessionPlanning

Sales &Marketing

JointVentures


Controls

AssetManagement


ProductDevelopment

Operations

Advisory Board

WorkersComp.


Insurance

Employee Retention

LiabilityInsurance

P&CInsurance

FinancialControls

LegalDocuments

LegalStructure

RiskManagement


The wealth management process coordinates the management of your business throughout its life cycle

with risk management, distributions to the owners, and succession planning.

Operation planning focuses on critical components of managing a business in the various stages of its life

cycle. Ultimately, many variables impact the financial performance of a business, and only some of these

variables are in your control. Common and controllable management issues include sales and marketing,

cost/benefit analysis, controls, human resources, tax issues, asset management, and product development.

Starting and running a business carries its own set of risk exposures. The type of business entity you

choose can have a huge impact on the safety of your personal and business assets. The state you choose

to do business in is another factor. Additional factors that expose you to risk include how you manage

your business, your human resources, and your taxes. Business risk management identifies your options

for handling these risks.

Executive compensation focuses on both cash and non-cash approaches. The size and structure of the

business significantly influences your compensation systems. Large businesses tend to provide owners

with sophisticated and sometimes complex compensation formulas. Small businesses tend to adopt a

more straightforward compensation approach. Examples of compensation include insurance benefits,

qualified retirement plans, stock options, personal performance initiatives, and other tax-advantaged

nonqualified plans.

Succession planning focuses on the transition of a business from an existing owner to a new owner.

Although key factors vary extensively with business type and industry, there are some factors common

to all business transitions, including the creation of a sellable business and the formulation of specific

transition mechanics at time of sale. Additional succession planning issues include positioning a business

for sale, determining valuation and terms, grooming senior management, and creating strategic alliances.

T A X A T I O N

tax planning considers the tax implications of individual, investment, or business decisions, often with

the goal of minimizing tax liability. although decisions are rarely made solely on their tax impact, you

should have a working knowledge of the income or estate tax issues and costs involved.

Marriage

Divorce

TerminalIllness

InheritedWealth

Death in the Family

EducationExpenses

Retirement

Life EventPlanning

Tax-Deferred

Investments

Tax Straddles


QualifiedDividends

Passive Income &

Losses

1031Exchanges

Gains & Losses

MutualFund

Taxation

Investment Tax

Planning


Real Estate


Benefit Planning

SellingBusiness

Assets

Deductible Expenses

Income &Losses

Employment Taxes

EntityChoices


FederalDeathTaxes



State DeathTaxes

Taxationof Trusts


Income inResp. of

Decedent

Timingof Gifts


Timing ofIncome

EstimatedTax

Payments

Timing ofDeductions

AlternativeMinimum

Tax



SocialSecurity

Income TaxPlanning

TAXATIONTAXATION

A major goal of tax planning is minimizing federal income tax liability. This can often be achieved by

reducing taxable income through income deferral or shifting. Deduction planning, investment tax

planning, and year-end planning strategies can also help reduce your overall income tax burden.

Investment tax planning involves evaluating how to best position assets in order to minimize the amount

of taxes you have to pay on an ongoing basis. This requires year-round planning, and it begins with an

in-depth understanding of the tax implications of various investments and investment strategies, including

the treatment of wash sales, tax-exempt investments, gains and losses, 1031 exchanges, qualified dividends,

tax straddles, tax-deferred investing, passive income and losses, and mutual fund taxation.

If you give away wealth, during life or at death, you may incur federal taxes—and possibly additional

state taxes. These taxes include gift, estate, income, and inheritance taxes. You can help protect the assets

you transfer from excessive depletion by understanding these taxes and the various strategies you can use

to minimize them.

Tax issues are never far from the mind of the business owner, and it’s likely that many of the decisions

you make will be tax-based. These decisions start with the formation of your business and continue

through the sale. Your choice of business entity, how you pay out profits to the owners, and your

accounting decisions will all have an effect on your tax liability.

Some events in life—retirement, for example—come with tax considerations. Life event planning focuses

on the impact of significant events on your life, as well as on the stages of your wealth management plan.

from overview to personal view

As you have seen, there are many variables that must be coordinated to help maximize the benefits of

a financial plan. The next steps in the process will result in a plan to manage your wealth to target

your needs.

professional guidance

In the midst of this complexity, it is comforting to know that you have a partner in the process.

Your wealth management advisor will help you determine focus areas within the six modules.

Our next step will be to identify specific action steps for each of the elements necessary in your

financial plan. Then, we will assign a priority to each of these items to create a comprehensive

plan for your financial future.

results for the long haul

Wealth management is more than just assessing where you need to go, developing a strategy to get

there, and executing that strategy. It’s also about monitoring your progress over the long term.

We recognize that as your life changes, your financial needs will also change. Together, we will

anticipate significant life events and incorporate them into your strategy. When unplanned events

happen, we will evaluate them together to determine their impact.

Your wealth management advisor will contact you to set up periodic meetings. By tracking your

progress together on a regular basis, we can update your wealth management plan to address

changes in market conditions as well as your evolving needs.

the core element of your financial success

is the advisor-client relationship.

IMPORTANT DISCLOSURE:

This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Investors should consult a tax preparer, a professional tax advisor, and/or a lawyer.

waltham office

29 sawyer road

waltham, ma 02453-3483toll-free: 800.237.0081

phone: 781.736.0700main fax: 781.736.0793

san diego office

110 west a street, suite 1800 san diego, ca 92101-3706

toll-free: 877.347.1982phone: 619.471.9700

main fax: 619.471.9701

commonwealth.com

commonwealth financial network®

Securities and advisory services offered through Commonwealth Financial Network,® Member FINRA/SIPC, a Registered Investment Adviser.

MKIT-1508-22298_07/15