Services from Money Plans
Our firm was founded with the goal of assisting our clients in every aspect of their financial lives. Not only will you find us knowledgeable, but you will also discover that we truly care about making your dreams a reality. With you, we seek to gain not just the riches of life, but the richness of life.
Active money management (supervisory basis)
With this service:
- We design an appropriate asset allocation based on your goals and risk tolerance.
- We select appropriate investments for your situation. We use investments to manage volatility, income flow, appreciation, capital preservation and tax efficiency.
- We use bulk trades to seek more favorable pricing.
- We use strategies to manage downside risk (most practical with active management).
- We purchase investments cost effectively.
- We actively monitor the investments on an ongoing basis and make changes accordingly.
- We do all the nuts and bolts (i.e., handle all the details for calculating and taking your annual Required Minimum Distribution, rolling over retirement plans, implementing year-end tax strategies, etc.).
- We answer your questions, keep you informed and seek to give you value and peace of mind.
- Money Plans has a fiduciary responsibility to our clients and therefore DOES NOT accept sales commissions, product incentives or third party payments. There are no conflicts of interest.
- This service is available to clients with investable assets over $300,000.
Investment review and recommendations (non-supervisory basis)
Money Plans also offers a written investment plan as an alternative to active investment management. The written investment plan is designed for those who seek to have an investment foundation developed but prefer to do their own on-going supervision and management.
This service includes a recommended asset allocation based on your goals, your time horizon and your tolerance toward volatility. A valuation of your money is also provided so you can see how much your investments will contribute to your retirement years. We make specific investment recommendations based on the recommended asset allocation and we consider the operating costs and tax implications of the particular investments when making those recommendations. We also provide recommendations for ongoing savings and strategies for client implementation. This is a one time plan that would need occasional updating. There is no minimum requirement for this service.
Financial planning and consultation
A much broader service that examines your entire financial life, financial planning provides a review of your cash flow, savings, retirement planning, insurance and risk management, college planning, goal planning, estate and tax planning as well as senior living planning. Money Plans is able to provide financial planning to individuals and families at any stage in their life: to those just starting out, to those nearing retirement and to those already in retirement. We offer three types of plans based on your financial needs and complexity. Our plans start at under $700.