At Freedom Advisory, we segment our service offerings into two broad categories:
Financial Planning and Consulting
The Advisor provides Financial Planning and Consulting Services that focus on the specific needs and concerns of the client. Financial planning and Consulting Services include giving advice on investment and non-investment related matters. (e.g., tax and estate planning/gifting matters on a stand-alone basis). Financial Planning Services include the identification of financial goals and objectives, collection and assessments of all relevant data, identification of financial problems and formulation of solutions, and the preparation of a financial plan in the form of specific written recommendations. The services provided by the Advisor will typically focus on one or more of the following areas:
- The process of determining retirement income goals and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, estimating expenses, implementing a savings program and managing assets. Future cash flows are estimated to determine if the retirement income goal will be achieved.
- The goal of tax planning is to arrange your financial affairs so as to minimize your taxes. There are three basic ways to reduce your taxes, and each basic method might have several variations. You can reduce your income, increase your deductions, and take advantage of tax credits.
- The goal of investment planning is to determine the investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against, performance. The process is all about strengths, weaknesses, opportunities and threats in the choice of debt vs. equity, domestic vs. international, growth vs. safety, and many other tradeoffs encountered in the attempt to maximize return at a given risk.
The Advisor provides investment supervisory services on a discretionary basis defined as giving continuous investment advice to a client (or making investments for the client) based on the individual needs and goals and objectives of the client. Through this service, the Advisor offers a customized and individualized investment program providing clients advice regarding asset allocation primarily among managed accounts, institutional class mutual funds, and exchange traded funds with on-going evaluation and selection of investments, and adjustment and balancing of portfolios.
When executing an asset management agreement for services, the Advisor is being granted trading authorization on the client’s account and discretionary authority to determine the securities and quantity of securities to be bought and sold, the time of execution and the price at which the trades will be executed. At no time will the Advisor ever have direct access to client funds and securities. The client’s qualified custodian will maintain custody of all funds and securities.
Enjoy your personal freedom with our Freedom Advisory® open architecture fee-only Wealth Management Services.