A process that leaves little to chance
Leaving little to chance starts with a time-tested and methodical process, which helps ensure that we address the challenges within our control today while we anticipate the surprises of tomorrow. This discipline-in-action is at the core of every client relationship and has become an important driver of our growth.
Our three-step approach – plan, optimize and preserve – encompasses a sophisticated process designed to uncover and address both the needs you anticipate as well as those you may not have considered. We ask thoughtful and sometimes unexpected questions to identify what needs to be done and then work tirelessly to develop strategies customized for you.
What does our financial future hold?
-
No matter the talent, opportunities or advantages in place to achieve financial success, many people fail to reach their full potential. There are many reasons for this, including making financial decisions emotionally, without fully considering the consequences or being influenced by the opinions of others – following the crowd. Most importantly, many people lack an essential skill – the ability to recognize mistakes early and change course before the consequences prove too costly.
Planning, anticipating and preparing for the future is anything but a one-size-fits-all endeavor. If you’re considering working with us, you’ve already reached some level of financial accomplishment. Your existing success will provide the foundation from which we identify situations, where proper foresight and execution can help make a difference to your wealth and your legacy. We strive to provide the insight and voice of experience through which an achievable vision of the future can take shape. This is where putting money in its place begins.
Are we doing all we can with what we have?
-
For the vast majority of us, the wealth we have accumulated has come from our own hard work. Saving money by avoiding excess spending and systematically contributing to retirement plans coupled with the power of compounding is the right thing to do and can create a sizable investment portfolio.
What frequently isn’t considered is that this success formula, one that may have served us so well, may become increasingly less effective over time. As the portfolio grows, investment returns begin to have more of an impact on changes in portfolio value than on current contributions. To do the right thing and put money away – only to see it disappear through poor portfolio performance – is frustrating today and, more importantly, reduces capital that could be used for opportunities tomorrow.
Failing to optimize existing assets is the reason many investors see their net worth plateau. That’s why we review all your holdings, no matter where they are held. We measure performance and, when needed, provide guidance to take action. This helps ensure that existing assets and future contributions work in unison to contribute to the building and preservation of your net worth. This is what makes progress toward your vision possible. This is what keeps money in its place.
What if things don’t work out like we’ve planned?
-
No matter our navigation of the financial markets, our plans or our advice, we are no match for the frailty of the human condition. We have a front row seat to what happens when individuals fail to look this reality in the eye. We have attended funerals and liquidated investment accounts to pay for care and estate expenses. We have seen this too many times to not include preserving all that you have worked for as an integral part of putting money in its place.
During our discovery process, we will ask you about your insurance coverage. Depending on what you own and how you own it, we may suggest a complete review of your policies. If needed, we will consult an external partner with specialized expertise in insurance to make sure your coverage is both effective – do you have enough insurance protection? – and efficient – are you spending wisely and will your coverage accomplish what you expect it to?
Our clients report that addressing this unknown and aligning insurance protection with their unique needs can be one of the most rewarding aspects of working with us.
Resources ready to address your unique life
-
While the majority of our clients participate in one or more of our investment management disciplines, investment management represents only a small portion of the resources ready to work for you.
- Asset and portfolio management, including consultation on outside assets
- Comprehensive financial planning and reviews
- Tax-efficient investing and collaboration with your trusted tax professional
- Cash management
- Lending services1
- Retirement income planning
- Risk analysis, management and consultation on new policies or existing life and long-term care insurance2
- Longevity planning and health planning tools including access to a healthcare and insurance concierge, Medicare assistance, and fraud and identity theft monitoring2
- Estate planning and trust services3
There is no assurance any investment strategy will be successful. Investing involves risk including the possible loss of capital.
1 Lending solutions offered by Raymond James Bank, member FDIC, an affiliate of Raymond James & Associates, Inc. Raymond James & Associates, Inc., and your Raymond James Financial Advisor do not solicit or offer residential mortgage products and are unable to accept any residential mortgage loan applications or to offer or negotiate terms of any such loan. You will be put into contact with a Raymond James Bank employee for your residential mortgage needs.
2 Insurance offered through the Raymond James Insurance Group, an affiliate of Raymond James & Associates, Inc.
3Available through Raymond James Trust, N.A., an affiliate of Raymond James & Associates, Inc.
