WEALTH MANAGEMENT

What exactly is Wealth Management?
Wealth Management is a combination of on-going financial consulting, planning and professional investment management that provides high-net worth individuals and families a comprehensive wealth management service. Apart from every day financial planning it may include evaluating a need for trusts, various wealth transfer techniques, charitable giving, business financial planning, gift and estate planning, legal resources and tax planning expertise with the ultimate goal of sustaining, preserving and growing long-term wealth. Wealth management professionals serve an affluent community and provide this service on a multi-dimensional level.

Wealth Management is more than just investment advice, it includes all aspects of a high net-worth individual's financial life. As an Accredited Wealth Management Advisor℠ I put a client's "financial universe" under a microscope and look at all assets and property. These are then evaluated for optimum asset protection and risk management (insurance), continued wealth accumulation and growth (investment management), and wealth transfer (estate planning and trusts.) Various generational transfer techniques, trusts, gifting and estate planning are considered for prudent tax-optimized transfers of wealth.

Wealth Management encompasses your whole financial universe and may involve investment management, asset protection strategies, such as forming the right business entities that protect personal assets from creditors and using irrevocable protection trusts, business succession techniques, such as buy-sell agreements, ESOPs and life insurance trusts, advice on the use of trusts and other estate planning vehicles, and charitable giving techniques as a way to both satisfy my clients' philanthropic aspirations and reduce income or estate taxes.

Financial Mastery Wealth Management provides the following benefits:

  • I'm a risk-adjusted, tax-efficient investment portfolio manager
  • I protect my clients from blowing themselves up financially :-)
  • I help clients wring emotion out of financial decision making
  • I get the fear and greed out of investing using an Investment Policy Statement
  • I maintain the discipline of monitoring and rebalancing investment portfolios
  • I help clients maintain an even keel
  • I help clients set realistic goals and keep their expectations in check

A lot wealth management involves tax reduction planning.The Wealth Management Investment Process
This simply means the avoidance of unnecessary taxes (not tax evasion), and usually involves strategies to minimize tax liability by, for instance, forming an appropriate business entity, choosing an appropriate accounting method, deferring income taxes, gifting strategies, estate planning strategies, using various types of trusts, maximizing exemptions, credits, deductions, and selecting tax-advantaged investments. Corporate tax, income tax, estate tax, gift tax, generation skipping transfer tax and the alternative minimum tax are a few of the more complex issues in tax planning.

Tax planning begins January 1st of the year and, in fact, it is continuously present in all my financial planning and investment planning strategies. I meet with my clients throughout the year and address any potential significant actions on their part that will have tax implications. This on-going conversation will allow my clients time to make adjustments to their plans to reduce their overall tax liability.

Are you looking for a second opinion on your financial investment strategy? Financial Mastery Wealth Management offers consulting services for individuals wishing to evaluate their current financial results when compared to their objectives.

I am a truly fee-only wealth advisor—I only charge a fee for the services I provide, with no hidden costs or expenses. I offer you complete objectivity because I have no affiliations or financial arrangements with third parties that might distort my objectivity or present conflicts of interest, nor do I sell mutual funds, insurance or other products.

Because I do not receive compensation from other sources, my sole commitment is to serve your best interests at a fair price. In other words, I sit on the same side of the table as my clients.

This website is for informational purposes only and is limited to the dissemination of general information on products and services , not for the rendering of personalized investment advice . This material is presented solely for informational purposes and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold any security. Investing entails risks, including possible loss of principal. Past performance is no guarantee of future results. The value of your investments will fluctuate over time and you may gain or lose money. Investment strategies or asset allocations shown may not be suitable for you.

Financial Mastery Wealth Management LLC expressly disclaims all liability in respect to actions taken based on this website. FMWM LLC does not guarantee the accuracy or completeness of the information on this site. The site is not intended to be a substitute for specific individualized tax, legal or investment planning advice. FMWM LLC is a registered investment adviser in the state of California and may only transact business in other states of the USA if first registered, excluded or exempted from state registration requirements (not having more that 5 clients in any one state outside of California.) Please read Terms of Use.