Using a goals-based strategy creates alignment between a client’s goals and financial situation. This approach inspires motivation and helps ensure that they are putting their money in the appropriate places.
Avantax Financial ProfessionalsSM are committed to helping their clients make the most of their money and avoid common financial pitfalls. To guide those conversations, we created a solid framework that addresses eight of life’s most common wealth management issues.
In today’s investment environment, it is easy for clients to be overwhelmed by an overabundance of information without individualized guidance. When everyone has their own unique financial situation, a “one size fits all” investment plan can be detrimental. As an Avantax Financial Professional, you have the opportunity to help your clients thoroughly assess their entire portfolio before working to build a long-term investment strategy, diversifying their assets* and even dealing with tax implications.
It’s common knowledge that one should spend less than they earn, but unfortunately that isn’t always put into practice. As an Avantax Financial Professional, you can help clients evaluate their current and future sources of income, become more strategic with their monthly budgets, and set aside some cash for emergencies.
A key part of planning for the future is helping your clients protect their retirement savings and their ability to earn income. Many Avantax Financial Professionals can provide insurance products that help protect clients through unforeseen events.
Life expectancies are increasing and pension plans are disappearing. As an Avantax Financial Professional, you have the opportunity to help your clients generate a clear vision of what they want from retirement – and establish a financial strategy that can help them get there.
Education planning choices can be confusing and convoluted. As an Avantax Financial Professional, you have the ability to guide them through this process while helping them understand the implications of how their savings will affect their child’s ability to qualify for financial aid, as well as how their income, gift and estate-tax situations play into it.
A well-crafted estate plan ensures that your clients’ wishes will be honored, even after they’re gone. As an Avantax Financial Professional, you can help your clients avoid the tragic (yet common) mistake of putting off estate planning until it’s too late.
If you have clients who run a business, it’s likely they also need assistance in dealing with other vital issues: employee benefits, business financial goals, and risk management. By adding financial services to your practice with Avantax Wealth Management, you can give input that helps your clients protect their family, their business, and their future.
Throughout your clients’ lives, as they pursue long-term goals, unexpected financial needs will arise. Whether it’s planning for a wedding, taking a spontaneous vacation, buying a second home, or an unforeseen event – clients will have big financial decisions to make. As an Avantax Financial Professional, you have the ability to ensure that your clients are well equipped to adjust their financial plan without jeopardizing their long-term goals.
Still wondering if Avantax Wealth Management℠ is right for your business? Contact us to find out more.
* Diversification and asset allocation do not assure or guarantee better performance/profit and cannot eliminate the risk of investment losses in declining markets.