Our Firm

Financial Planning Alternatives

We are an independent company with the ability to deliver a broad range of financial services to solve your needs and help accomplish your goals.

Helping You Chart Your Course

Financial Planning Alternatives (FPA) has the experience, knowledge and the objectivity necessary to help you evaluate your current financial position. Our professionals will help you develop goals keyed to your personal needs and dreams and then recommend the best strategies for helping to achieve those goals.

A financial plan includes evaluation of your present tax situation, investments and cash management. It also takes into consideration estate planning, your plans for retirement, education for your children and risk management.

The advisors at FPA can implement the strategies you select, and work with other members of your financial team to coordinate your financial plan.

We will work closely with you to recommend programs that when implemented will help bring you benefits you desire.

 

Your Financial Plan

Financial planning begins with in depth fact gathering. You and you planner will review such information as tax returns, current investment portfolios, wills contracts, and insurance policies. You and your planner will discuss this data, your financial goals and general attitudes toward finances. Once goals have been set and prioritized, the advisors at FPA will assist in implementation of your plan by suggesting the products best suited to your plan.

 

Plan for the Future

The demands of keeping up with your profession may be taking the time you should spend analyzing your financial situation and planning for the future. That's the case for most business owners and many people in high income brackets. Ironically, these are the people who have the most to gain from a detailed plan prepared by FPA.

Development of a Financial Plan

How is your personalized financial plan developed?
During the initial phase of plan development, the “Discovery“ process, we work with you to determine your concerns, goals, needs and investment comfort level We also review your resources and accomplishments to date. With this information, we will prepare an (accomplishment profile) which compares your total savings and investment program to your concerns and goals, whether it is your children's education, a comfortable retirement or that boat you've been thinking about.

Finally, the advisors at FPA will make appropriate recommendations on how to solve your needs and help accomplish your goals.

There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. None of the information provided is to be considered tax advice. Please consult your tax professional for information regarding your specific situation.

The Financially-Related Areas We Review in the Course of Plan Development for Personal Planning Include: 

• Insurance planning
• Income taxation
• Investment Planning
• Risk management
• Accumulation
• Retirement planning
• Estate planning

Benefits From Financial Planning

BUSINESS OWNERS CAN EXPECT:

  1. Strategies to reduce Income Tax liability
  2. A financial plan with ideas to help plan for retirement
  3. Better employee retention and morale

 

 CLIENTS CAN EXPECT: 

  1. Strategies using portfolio diversification  seeking better portfolio yield
  2. Use of investment products designed to reduce current income taxes on investment earnings
  3. Education about how proper asset allocation and diversification may reduce volatility*.
*Diversification or asset allocation do not guarantee a profit or protect against a loss.

 FAMILIES CAN EXPECT: 

  1. Strategies to reduce current income tax liability exposure
  2. Potential solutions with college education funding
  3. To "remain in their own world” should death or disability strike the breadwinner. 

 THOSE NEARING RETIREMENT CAN EXPECT:

  1. Potential life-time income solutions using insurance & annuities
  2. A plan seeking a smoother and more effiicient transfer of estate assets to loved ones.
  3. The use of investment products designed to provide retirement benefits for your spouse.


Important Questions Answered in the Financial Plan

We believe the best way to systematically strive for financial independence is to develop and implement a coordinated financial plan which encompasses all aspects of your financial life. FPA can assist in the development and implementation of your plan.

We are truly oriented to your goals. We center our analysis around your feelings regarding these six questions: 

  1. Do I want a better hedge against inflation?
  2. Do I want to reduce my income tax burden?
  3. What level of investment risk am I willing to accept?
  4. How much ready access to my money do I want to maintain?

Use of Capital

  1. What do I earn? Am I happy with what I've saved?
  2. What potential benefits do I want for my family or business now, and in the future?


Design Solutions for your Financial Plan

The types of products and strategies which may be appropriate and useful in addressing your financial plan include: 

  Implementation:
To use your financial resources wisely, time can be your ally. Procrastination is undoubtedly your most harmful enemy when it comes to achievement of your financial goals.

No matter how thoroughly the work is done, the creation of your financial plan is only half the job. That effort may serve no purpose if your plan is not implemented. Turn the key to success, implement your plan!

 

The Key to Success

Keeping in touch
Your financial planner will continue to serve as an advisor, keeping you abreast of changes in the financial world that may have an impact on your plan. Your planner also will be available to answer your questions and offer advise.

Give us a call to find out more about FPA and how we can help you accomplish your Financial Goals.

 

  • Mutual Funds, Stocks, and Bonds
  • Real Estate
  • IRA, 401(k),  403(b),  Simple IRA, Roth IRA 
  • Variable and Fixed Annuities
  • Life Insurance
  • Professional Overhead Expense Insurance
  • Business Buyout Plans using Insurance
  • Business Pension and Profit Sharing Plans
  • Deferred Compensation Plans
  • Executive Bonus Plans
  • Income Tax Services