We provide comprehensive financial planning services and wealth management strategies. At Montello Wealth, comprehensive financial planning is a process that:

  • Clarifies client goals;
  • Analyzes current financial position, and;
  • Creates a solution to protect and grow wealth.

Wealth management is an extension of the comprehensive financial plan. For our wealth management clients, we implement a comprehensive plan and provide ongoing investment management and planning strategies.

Comprehensive Financial Planning

Comprehensive financial planning as practiced by our company is a multi-faceted process that is focused on our client’s financial goals. Some common goals include the following:

  • Prudent portfolio management
  • Retirement planning
  • Educational needs
  • Insurance planning

Often, the first step in working with clients is assisting them in determining personal goals and objectives. We then move on to more technical aspects of the plan, which can include:

  • Goal Based planning
  • Risk management and insurance planning
  • Tax planning
  • Estate planning

Goal based planning involves establishing a plan, including necessary savings and assumed return needed to meet the financial goals the client has established. The plan can be fairly complex, including tax, inflation and investment return assumptions, as well as stress testing and “what - if” scenarios.

Risk management also plays a large role in the planning process, and insurance is one of the primary vehicles used in risk management.

Tax planning and estate planning are designed to minimize tax impacts and ensure that a client and his/her heirs maximize after tax wealth.