Lincoln Financial Advisors provides financial planning services to an affluent clientele comprised primarily of owners of closely held businesses, retirement-oriented and retired individuals.
Planning is focused on specific areas and based upon each client's individual financial situation and personal objectives. The degree of detail and sophistication of the financial planning services provided varies according to the individual client's circumstances. Each client is provided with a written summary of the work undertaken. The specific areas covered include one or more of the following:
Advice regarding property ownership, distribution strategies, estate tax reduction, and tax payment techniques. It involves a discussion of gifting, trusts, wills, etc., and the disposition of business interests. Tax consequences and their implications are identified and evaluated.
Alternatives and strategies dealing with the continuity or disposition of the business upon the business owner's retirement, death, disability, or decision to sell. Tax consequences and their implications are identified and evaluated.
Constructing and managing investment portfolios to help pursue optimal performance relative to accumulation and income objectives. Existing investments are evaluated for risk, return and tax characteristics. An investment policy statement formalizes client objectives and constraints, proposes asset allocation strategies and establishes criteria for the selection and retention of professional money managers.
Alternatives and techniques for accumulating wealth for retirement income or advice relative to appropriate allocation and distribution of assets following retirement. Tax consequences and their implications are identified and evaluated.
While our practice is based 95% on fixed fees , we also can provide product solutions that help put your planning into action. We believe that our plans are not worth the paper they are written on if they are not properly implemented. By basing our practice on fees as well as product solutions, we can provide comprehensive, specialized advice for a reasonable fee and implement your plans with the objectivity and attention they deserve.
Michael.Magnuson@LFG.com | (773) 867-3657