Private Wealth Management
FCA Corp believes a well-implemented wealth management plan must build on all the interlocking pieces of your financial life. We offer a wide array of solutions customized to meet the individual needs and complex challenges experienced by our diverse and highly successful clients. We believe the best path to success is collaboration and work with you and your other trusted advisors, including attorneys, CPAs, and insurance professionals, to develop a plan designed to achieve long-term personal and financial success.
At FCA we believe that experience, skill, and discipline are important elements of successful investing. Mitigating downside risk by utilizing a disciplined process is also key to growing wealth over the long run. Diversification is another important element, as the global economy and financial markets provide significant opportunities for growth. Our long history of success and experience in global markets provide a unique perspective for the benefit of clients and the communities we serve.
We also recognize that each client is unique, and our experienced team and holistic approach is designed to develop customized solutions to overcome life’s challenges and meet your personal needs and goals.
Personal Financial Planning
- Evaluation of Financial Situation
- Retirement Planning
- Cash Flow Planning
- Income Replacement Needs
- Assessment of Insurance Policies
- Education Savings Planning
- Global Asset Management
- Tax-Efficient Investing
- Coordinated Portfolio Monitoring
- Third-Party Custodians
- Comprehensive Review of Non-Managed Assets
- Tax Return Preparation
- Estimated Tax Payment Assistance
- Business Tax Consulting
- Family Wealth Transfer and Estate Plan
- Coordination with Estate Attorneys
- Planning for Trusts
The first step in creating a personalized financial strategy is to define what’s most important to you, and how we can help you get there. We explain our services and compensation and provide a few initial ideas of what you can do and how we can help.
Next, we assist in gathering your financial data to build an inventory of your assets and liabilities. This financial inventory is an expanded personal balance sheet that provides a snapshot of your wealth at a specific period and serves as the foundation of our planning. Our technology allows us to streamline the data gathering process to make faster decisions based on current account balances. We utilize a leading account aggregation service to allow our clients access to all their accounts in one place, updated in real-time.
After gaining a clear picture of what you have, we assess your financial situation and identify opportunities to meet your goals. Depending on your personal objectives, we can provide a focused analysis in several areas.
- Financial Health Scorecard
The health scorecard is an assessment tool we use to evaluate your liquidity, asset allocation, debt, and cash flows.
- Savings and Retirement Plan
An evaluation of your current plan and your desired retirement scenario. How much retirement income you may have, how long your money may last, and any opportunities we see to improve the outcome.
- Asset Allocation and Risk Exposure Review
We review all your investable assets to identify risks and look for opportunities.
- Estate Plan Analysis
A thorough review of your estate documents for changes to tax laws, beneficiary designations, new assets that may not have been titled correctly, and changes to your family.
- Education Funding Analysis
We can project the cost of any U.S. university at the time your child will attend college and help determine the most tax-efficient way to save.
- Insurance Needs Analysis
Review of your life insurance, disability plans, long-term care insurance, and property insurance.
Some examples of a plan implementation are:
- Adjustments to your asset allocation
- Recommending an estate attorney for possible revisions to your plan
- Tax strategy advising (accelerating income or planning around deductions)
- Advising on when to take social security
Once a plan is implemented, we can set up quarterly calls or meetings to discuss any financial changes to your family and your investments. You may prefer to have one annual meeting where we update your financial inventory and plan for the next twelve months. FCA Corp monitors and reviews its managed portfolios on an ongoing basis.