Just as our firm is powered by Avantax, Avantax is powered by Tax-Smart InvestingTM (TSI). This proprietary technology is designed to uncover potential tax savings and wealth management strategies for you - all in a fraction of the time it would take manually. The TSI technology helps our firm maintain a critical tax focus on your financial planning strategies and investment decisions.
*The Avantax entities and Tax-Smart Research, LLC are affiliated. TSI intellectual property, products and all materials, tools, features, and functionality therein are the property of Tax-Smart Research, LLC or its parent, affiliates, or subsidiaries.
The first step to reaching your financial goals is to assess where you currently are. Cash flow is an analysis of your income, before and after taxes, and your expenses in order to identify areas where you can be more efficient with what you have earned. The goal is to put more money to work for you. Debt management is the analysis of your debt such as loans, revolving credit accounts, and credit cards. The advantage we provide is a holistic view of your finances, establishing a plan designed to allow a greater portion of your earnings to be prioritized towards your goals.
Life is unpredictable. That's why it's smart to plan for those you care about. Family risk management is insurance planning, such as life insurance, disability, and long-term care. Insurance products can have great tax advantages such as tax-free benefits and the potential to take tax-free distributions to supplement your income needs. With this type of careful planning, we help to ensure those you love are taken care of and the benefits you want them to have are preserved.
Your goals and needs are unique to you. To help you meet them, we start by assessing where you are financially and putting a tailored program in place to build from there. Investment planning is a means to analyze your investment holdings, anything other than retirement funds. The goal is to hold positions that match your tax situation and hold them in accounts that will mitigate annual tax consequences - thus allowing you to keep more of what is yours.
The path toward your retirement begins with the end in mind and being able to articulate a clear vision of what you desire from your retirement - where you will live, what you will be doing, and your family goals. Our retirement and distribution planning can help make sure you have enough to address these important goals. We work with you to pursue them in a manner that is designed to limit the taxability of your retirement funds so they better align with your financial plan and with a goal of lasting beyond your lifetime.
The single largest category of debt facing young people today is school loans. With education planning, we guide you through a process of investing in the future of your children and grandchildren with the use of tax-advantaged investment vehicles such as 529 plans. We'll also help you understand how your investments and savings will affect financial aid and even the role your income, gift, and estate tax situation will play in your ability to receive assistance.
Establishing a legacy begins much earlier than you might think. Legacy planning (also known as estate planning) is making sure that your wishes are carried out at the time of your passing. For some families, taxes will play a significant role in the realization of the decedent's wishes. We create a master plan using a careful process with the family and their attorney to help work toward minimize potential taxes and strive to maximize the assets you wish to leave your loved ones.
Your business is often your most significant asset. Making a plan for any business your own, or are you thinking about starting, needs to take into consideration an array of possible scenarios. This includes the tax implications of a legal entity, business structure, retirement plans, compensation, business insurance, and other issues. We help you not only protect your business but also protect the future of you and your family as well.
Special situations are just that; situations that require knowing what your options may be in certain circumstances. Funds set aside for life events, such as a wedding, buying a vacation property, an RV purchase for retirement, or the care of a loved one, are invaluable. With each special situation, there are often tax considerations to be aware of. Our goal is to help ensure your money goes as far as you need so you can be prepared for unforeseen events before they happen.
Through our 8-point framework to wealth management and our specialized expertise in using tax information to guide investment decisions, we are focused on helping you keep more of what's yours - and, in the end, better aligning you to pursue your lifelong goals.
Avantax Wealth ManagementSM is the holding company for the group of companies providing financial services under the Avantax name. Securities offered through Avantax Investment ServicesSM, Member FINRA, SIPC. Investment advisory services offered through Avantax Advisory ServicesSM. Insurance services offered through licensed agents of Avantax Insurance AgencySM and Avantax Insurance ServicesSM. Not all products and services listed are offered by all firms. Products and services listed may be offered by properly licensed individuals.