Stepping Into The Future

Many professionals in our industry claim to be wealth managers, but in practice they are investment advisors in disguise. At Proper Wealth, the scope of work is not limited to just your investment portfolio. We look at your entire financial picture – investments, tax, estate planning, budgeting & spending and more to orchestrate all the aspects of your finances into a cohesive picture.  In fact, this is where we begin our client engagements.

Over years working with clients, we’ve synthesized the process of wealth management planning into a well-defined series of steps working closely together.

Stepping Into The Future

Many professionals in our industry claim to be wealth managers, but in practice they are investment advisors in disguise. At Proper Wealth, the scope of work is not limited to just your investment portfolio. We look at your entire financial picture – investments, tax, estate planning, budgeting & spending and more to orchestrate all the aspects of your finances into a cohesive picture.  In fact, this is where we begin our client engagements.

Over years working with clients, we’ve synthesized the process of wealth management planning into a well-defined series of steps working closely together.

The Modern Financial Planning Process

Our process includes video calls, asynchronous work and may involve consultations with your current legal and tax professionals. The initial planning typically takes several months to complete and culminates with a set of recommendations specific to your unique situation and goals. We will then begin to implement the recommendations based on what is most critical to your financial well-being.

Once our recommendations have been implemented, we will monitor our progress through scheduled calls. As circumstances dictate, we will communicate between these times. Throughout the process and over the span of a client relationship, Proper Wealth is leading the process towards helping you achieve your financial objectives.

The Modern Financial Planning Process

Our process includes video calls, asynchronous work and may involve consultations with your current legal and tax professionals. The initial planning typically takes several months to complete and culminates with a set of recommendations specific to your unique situation and goals. We will then begin to implement the recommendations based on what is most critical to your financial well-being.

Once our recommendations have been implemented, we will monitor our progress through scheduled calls. As circumstances dictate, we will communicate between these times. Throughout the process and over the span of a client relationship, Proper Wealth is leading the process towards helping you achieve your financial objectives.

Your Vision

We start with a detailed conversation outlining your big picture goals, values, and aspirations. Basically, we want to know what’s important to you in life and what do you want to get out of it.

Financial Analysis

This step is an In-depth financial document review. We’ll examine your current financial structure including your balance sheet, trusts, and life insurance.

Priorities Assessment

We perform a gap analysis to identify any missing components and systematically address the various aspects of our Priorities Assessment (see chart below). From reviewing your personal insurance (auto, home, etc.) to complicated QSBS stacking strategies, we’ll cover everything that might impact your financial well-being and ensure you have a plan in place to tackle it.

Risk Management

  • Life
  • Longevity
  • Income
  • Protection
  • Real Estate
  • Umbrella

Exit Planning

  • QSBS Considerations
  • Tax Planning
  • Secondary Stock Sale Analysis
  • Scenario Modeling

Cash Flow

  • Budgeting
  • Cash Flow Modeling
  • Minimum Liquidity Guidelines
  • Tax Planning Strategies
  • Cash Management Rules + Strategies

Legal

  • Wills and Revocable Trusts
  • Irrevocable Trusts
  • QSBS Stacking
  • Marital Trusts
  • Estate Freeze Trusts
  • Pre and Post Marital Agreements

Balance Sheet + Investments

  • Allocation Oversight + Guidance
  • Illiquid + Liquid Guidelines
  • Angel Investing
  • Alternative Investments
  • Concentration Risk
  • Real Estate
  • Liability Management
  • Credit Lines
  • Airplane

Tax Strategies

  • QSBS
  • QSBS Stacking
  • Tax Loss Harvesting
  • Tax Aware Mortgage Borrowing
  • Depreciation
  • Cash Balance 401K Plans + Mega Back Door Roth IRA’s
  • Private Placed Life Insurance

Scenario Analysis and Modeling

Using sophisticated financial tools and technology, we will analyze different scenarios and models to assess the potential impact on your financial plan. This includes stress testing your plan under various market conditions, as well as modeling different investment strategies and scenarios to determine the best course of action for your unique situation.

Recommendations and Implementation

Based on our comprehensive analysis and modeling, we will provide you with personalized recommendations for your investment portfolio, retirement planning, tax strategies, estate planning, and more. We will work closely with you to implement these recommendations and ensure that your financial plan is on track to help you achieve your goals and aspirations.

Ongoing Guidance and Support

Once the financial plan is in place, we will continue to work with you to monitor your progress and make any necessary adjustments. Our team will schedule regular check-ins to review your financial situation, discuss any changes in your life, and ensure that your plan stays on track. Our goal is to provide ongoing support and guidance to help you achieve your financial goals and make informed decisions along the way.

Interested in learning more?

Let’s connect.

CONTACT US