Broker Check

Our Planning Process

At the end of the day, each of us want to do our best to provide for our families, save for retirement and live a life without compromises.  Building sustainable wealth is both a science and an art, and at Strategic Wealth Design, we use a powerful process that takes both the emotional and mathematical sides of financial planning to create financial balance for our clients. Through working with us, our client’s experience being better organized, being well informed, achieving higher levels of savings and increased protection.  Our process starts with either a full-scope financial planning engagement or a limited-scope engagement to address specific concerns.  Here is a list of the fee-based planning services we offer:

Comprehensive Fee-Based Financial Planning

At Strategic Wealth Design, we create a Comprehensive Financial Plan for you using the Financial Planning Process as recommended by Certified Financial Planner Board of Standards Inc. The process contains various types of financial analysis and recommendations on a broad range of issues related to your financial situation: retirement, education, business, investment, and protection planning. You will receive a personalized written report detailing strategies and recommendations which are intended to help you attain your stated goals and objectives.

Fee-based planning is offered by appropriately licensed and qualified Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc.

Retirement Income Planning

This is the process of determining your retirement income goals and the decisions necessary to achieve those goals. Retirement planning generally includes identifying your sources of income, estimating expenses, implementing a savings program and managing assets. Your future cash flows and several “what-if” assumptions are estimated to determine the viability of achieving your retirement income goals.

Investment Analysis

This is the process of establishing your investment objectives to achieve a desired outcome while keeping in line with your tolerance for risk.  SWD will evaluate your current investments and how they fit within your investment objectives.   Advice is provided as to the asset allocation that is appropriate to manage risk and to achieve your investment objectives.  The process continues with evaluating the advantages and disadvantages of several investment options and advice is offered to you for selection or retention of investment manager(s).

Protection/Insurance Planning

Risk management is the foundation of any financial plan and this process evaluates your current insurances and legal documents to make sure your family and your assets are protected from death, disability and lawsuits.  SWD will review your current protection and will make recommendations on any concerns or issues identified or on opportunities to enhance coverages.  We help you identify risks that are appropriate to self-insure and other risks where transferring them to insurance companies is more appropriate, while making our costs of premiums effective. 

Estate Planning

Estate Planning is determining who you want to receive your assets upon your death and under the terms and conditions that you want, all while minimizing the impact of estate and income taxes.  SWD will coordinate your estate plan with your Estate Attorney(s) and work closely with them to create and build a legacy for those whom you care about.

Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation.

College/Education Planning

Funding for the costs of college education is probably one of the top financial concerns our clients face.  In this process, we help evaluate various funding vehicles for college expenses while also running various cash-flow scenarios to determine the appropriate amount to save to fund for these expenses.    

Cash Flow and Debt Management

This process involves analyzing your cash flow for all inflows and outflows and to determine your ability to save or if you are living beyond your means and going further in to debt. SWD will create and review your Cash Flow Statement and look for opportunities to improve cash flow to enable you to save for your retirement or enable you to pay off your debts more efficiently.