We offer a wide range of financial services based on your individual needs.
Our investment recommendations will address your cash flow needs, tax status, risk tolerance, goals and objectives.
Your needs may require a comprehensive financial plan, which analyzes all facets of your financial situation. The comprehensive process through LPL Financial provides periodic updates, to review changes to your spending requirements, employment options, investment returns, health conditions, or other changes to your personal financial situation. These updates are extremely valuable to understand the impact on your future.
The Comprehensive Financial Planning Process
Step 1. Establish and Define the Client-Planner Relationship
Step 2. Gather Client Data (Goals, Objectives, Concerns and Values)
Step 3. Analyze and Evaluate the Client's Financial Status
Step 4. Develop and Present Financial Plan with Recommendations
Step 5. Implement Recommendations from the Plan
Step 6. Monitor the Financial Plan Implementation Process
Review risk tolerance to ensure your portfolio is appropriately allocated.
Review specific investment holdings for risk, manager experience and style drift, performance, expenses, and structure of capital gains and losses.
Provide advice for the rebalancing of investment asset allocation as needed to fit risk tolerance and time horizon.
Research the investment universe for potential additions or replacements.
Provide performance reporting on your investments.
Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs. Rebalancing an asset allocation does not assure a profit or protect against a loss.
Review and update your goals, objectives, and priorities to analyze the impact of these changes on your overall financial situation and future security.
Provide advice regarding timing of pensions, various pension payout options, Social Security benefits, and other sources of income as you approach retirement.
Provide advice regarding contributions to and distributions from various plans, including the sequence of account distributions based upon their risk exposure.
Update financial projections to monitor the effect of stock and bond markets, changes to cash flow needs, risk tolerance and other variables.
Analyze your life insurance needs based on changes to income, health condition, stage of life, investment portfolios, education needs, and goals & objectives.
Provide guidance on property and casualty policies for proper levels of coverage.
Provide advice and guidance for long-term care insurance, types of coverage, riders, cost benefit analysis and how to acquire the coverage if needed.
Provide advice and guidance on eldercare issues.
Analyze liquidity needs for estate tax purposes, gifting and inheritance planning.
Provide advice regarding disability to plan for loss of income.
Monitor and advise on selling investments for capital gain/loss planning.
Provide advice on eligibility for all retirement plan options using deductions related to your options.
Monitor tax law changes and their impact on your overall situation including tax, retirement, education, and estate planning.
Establish and track cost basis on taxable investments.
Establish and track cost basis for retirement accounts in an effort to avoid paying taxes on distributions that may have had taxes paid on the contributions in the past.
Provide advice on retirement plan distributions prior to age 59½, Required Minimum Distributions (RMD) after age 70½ or 72, and strategies to avoid “The Tax Trap" in retirement.
Review estate planning documents to verify they are up to date and coordinate with financial plan.
Assist estate planning attorney with financial planning data to manage your needs.*
Coordinate with client's estate attorney to ensure that goals are aligned.*
Perform beneficiary analysis for retirement accounts and insurance policies.
Provide and/or monitor gifting strategies.
Monitor changes to ownership of assets during acquisition or after a marriage, divorce, inheritance, or other significant life event.
Periodically prepare client for critical life events such as the death or incapacity of a spouse or parent.
*Legal services are not offered by LPL Financial or Pouncy Financial. The LPL Financial registered representatives associated with this page may only discuss and/or transact business with residents of the following states: Alabama, Florida and South Carolina.
Provide advice on cash surplus or deficit issues.
Monitor your net worth to ensure the financial plan is effective in working toward preserving and growing your assets using various estate planning techniques when needed.
Monitor debt reduction including mortgages, home equity loans, and other debts.
Plan for future cash flow needs for cars, homes, vacations, home improvements, etc.
Monitor and provide guidance regarding types of education investment accounts like Section 529 Plans, custodial accounts, and Education Savings Accounts.
Monitoring specific educational institution costs to work toward proper funding.
Monitor student's age to seek investments that are properly allocated and diversified based upon client's risk tolerance and time horizon.
Provide guidance and advice on financial aid and scholarship funding.
Monitor federal and state tax laws for changes to education benefits, contributions, deductions, and credits.
Review and update your goals, objectives, and priorities to analyze the impact of these changes on your overall financial situation and future security.
