Everyone has goals they want to achieve. Whether you want to retire early, pay for your kids’ college education, get back on track after a divorce, or buy a second home, you need a plan that can help you get there. After all, a goal without a plan is just a wish.
Our team helps you feel more confident about your financial future by helping you answer important questions such as:
- What steps do I need to take to achieve my financial goals?
- How much do I need to save to be able to retire?
- How do I manage conflicting goals such as funding a child’s education and my retirement?
- Does it make sense to pay off my mortgage?
- Should I consider retiring abroad?
- Do I have enough insurance to protect my family?
- How can I save more for retirement?
- How will inflation impact my retirement?
- How do I get back on track after my divorce?
- Are my investments in line with my risk tolerance and future goals?
- What is the best way to save for and pay for college?
- What should I do about protecting my family in the event that something happens to me?
- What type of insurance should I consider?
- When can I retire?
- Will my savings last me through retirement?
- How much can I safely take out of my retirement savings without worrying that I will run out of money?
- When should I start taking Social Security?
- How do I reduce my liabilities?
Getting to Know You
Here’s where you tell us about your goals, fears, and challenges. This part of the process involves an initial in depth conversation and a financial planning questionnaire.
Organizing Your Financial Pieces
Here’s where you give us relevant and detailed financial information that we can use to determine the steps needed to achieve your goals.
Analyzing the Data and Making Adjustments
Your financial planner will review and analyze your data and compare it to your goals. This is a critical step that in most cases requires additional conversations.
We want to ensure that we have all the information we need, and that all of your goals have been captured.
Final Plan
The final plan you receive will include a summary of each area you asked us to review and recommended steps for each goal.
You will also receive the analysis of of your data showing the likelihood of achieving your goals based on different scenarios.
Your Personal Financial Helpline
We do more than just create financial plans or invest your assets; we help you make better financial decisions. When you have questions related to insurance needs, buying versus leasing, saving, buying a home, investing, retirement or other, you can call us. We serve as your sounding board to help you make informed decisions that will impact your financial future.
Fees
Azzendo Wealth Advisors charges a fixed fee that ranges from $5,000.00 to $7,500.00, for broad based planning services.
We offer broad based financial planning including tax planning, charitable gifting strategies, estate and retirement planning and preparation for life transitions including family wealth planning. Azzendo Wealth Advisors strives to achieve a client’s long-term financial goals by implementing a financial planning process that includes the following elements:
- Financial goals review and an assessment of current savings plan to achieve those goals;
- Cash flow review of pre-and post-retirement spending projections;
- Social Security income timing strategies in coordination with other pension programs, if applicable;
- Retirement age stress testing for alternative target dates;
- Portfolio stress testing under different market scenarios to determine the impact on your plan;
- Financial projections using Monte Carlo Simulations under different plan assumptions to determine the viability of accomplishing your financial objectives;
- Investment strategy review including asset allocation targets, expected rates of return, portfolio expenses, portfolio selection, and
- A rebalancing plan, if needed.
Add-On Elements to Financial Plan
If your financial plan requires additional elements not included in the elements listed above, they may be added for an additional fee. The fee will be driven by the complexity of the “add on” and time spent by the Advisor. The Advisor’s hourly rate is $450. The “add on” elements for the financial plan can include but are not limited to:
- Education planning for children;
- Personal insurance needs (limited to life insurance, disability insurance and/or long-term care insurance);
- Annuity policy reviews and recommendations;
Financial plans are based on your financial situation and the financial information you provide to our firm. If your financial situation, goals, objectives, or needs change, you must notify us promptly.
You may choose to accept or reject our recommendations. If you decide to proceed with our recommendations, you may do so either through our investment advisory services or by using the advisory/brokerage firm of your choice.
Let Us Help You
We want to be there for you every step of the way to help you navigate the often complex life changes that will affect your financial future. After all, life is not static so why have a one time set it and forget financial plan.