CONNECT

Address:

2000 Winton Road South
Building 4A, Suite 206
Rochester, NY 14618

Phone:

(585) 241-5900

Fax/Other:

(585) 244-5416

Four Pillars of Financial Planning

We have classified the multiple facets of financial planning into four distinct, yet interdependent
Pillars of Financial Planning. It is our firm belief that the most successful financial plans carefully pull from each of these pillars with specific recommendations 
being made based on our knowledge and within the framework of your unique story - your needs, goals, and dreams.  

1. Managing Cash Flow and Financial Resources. This critical first pillar focuses on making sure you and your loved ones are provided for. It encompasses emergency funds, insurance coverage (such as Long-Term Disability and Life Insurance), estate planning guidance, and ensuring your ability to meet your goals.

2. Accumulating Wealth. This second pillar is what most people think of when they hear "financial planning." It extends far beyond reviewing your investment portfolio, incorporating such considerations as purchasing a home or vacation home, planning for current or future education expenses, managing debt and saving for a special purpose or project.

3. Managing Income Taxes. In addition to considering tax implications when making recommendations, this third pillar also includes coordination with your tax preparer so your tax-prep experience is as smooth and stress-free as possible.

4. Planning for Retirement. Retirement planning requires far more than ensuring adequate income from government, private, and personal sources. This fourth pillar also encompasses providing for the inevitable cost of health and long-term care, coordination with your estate plan, and managing your pension distributions.

 

Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck