Work with a Team that Redefines Wealth Management
Ask ten investors to define wealth management. Then, ask ten “wealth managers” to do the same. You will almost certainly get 20 different answers, with most heavily focused on investing.
As a client of Atlanta Financial, however, you benefit from a cutting-edge team that has a clear and comprehensive vision of wealth management. In order to “Make Life’s Journey Richer,” we must cultivate those riches.
We define wealth management as a formula where:
Investment Consulting is the astute management of your investments over time to help you achieve your financial goals.
Advanced Planning goes beyond investments to look at all the other aspects that are important to your financial life. We break it down into four parts: wealth building, retirement income & distribution planning, tax reduction planning and legacy planning. In our experience, very few financial advisors offer all of these services.
The final element is Relationship Management. As wealth managers, we focus on building relationships with three groups:
- Our Clients: To meet their needs effectively, we have to have solid, trusting relationships with them.
- A Network of Financial Professionals: Essentially these are specialists that we can call in to make recommendations on specific advanced planning needs.
- Our Clients’ Other Professional Advisors: We work with our clients’ attorneys, accountants and business or personal advisors.
Atlanta Financial’s Total Wealth Management Approach
When we bring all of the pieces together, each client gets an individualized approach that looks something like this:
To receive a complimentary second opinion on your finances and learn about the impact wealth management can have for you and your family, simply Request a Second Opinion or contact us at email@example.com or 770.261.5380.
Development of an overall investment plan for you is based on financial analysis that encompasses the following factors:
- Assessment of your tolerance for investment risk
- Development of a meaningful, realistic investment objective
- Determination of appropriate investment time horizons
- Identification of available resources
- Analysis of existing investment assets
- Development of a portfolio rate-of-return objective
Our financial analysis provides the basis for the allocation of investment assets.
Solutions that work for the life you envision
Our asset management program offers a comprehensive array of products and services, including:
- Purpose-driven asset allocation models
- Portfolio structure
- Securities selection
- Portfolio monitoring with continuous needs-based examinations
Asset allocation models
Your asset allocation strategy will closely reflect the core aspects of the plan we recommend. We’ll apply asset allocation models as a means of distributing your assets among a range of investment categories to reduce your overall risk, to forecast more reliably, and to improve the risk/return tradeoff within your portfolio. As independent financial advisors, we enjoy the freedom to recommend investment products that we believe to be “best in class.”
Our years of experience will help you maintain the discipline required to stay the course and make your financial plan a success. We can help with the difficult decisions, guiding you in the right direction and always keeping your primary objectives in mind. Our expertise helps guard against short-term swings of emotion by keeping the focus firmly on your long-term goals.
As a group, we believe in applying the core values of prudent financial management. When paired with your own clearly defined investment objectives, it’s a combination that can help you approach your financial future with a higher degree of confidence and understanding.
For most of our lives many of us have heard the old adage “Money can’t buy happiness.” And we can all think of numerous examples of individuals where this certainly seems to be true – whether among the powerful and famous, or within our own family or group of friends. But is that really true? Research over the last few decades suggests “NO!” In fact, many studies show that in one sense money can buy happiness. But it’s not the amount of money we have, but rather how we SPEND our money that can indeed increase our happiness – although perhaps not in the way Madison Avenue or Amazon Prime would like us to think. First, let’s address the skeptics among you who feel sure that if you simply had MORE money you would indeed be happier. Statistics show that certainly isn’t true, since 70% of all lottery winners or those with a sudden financial windfall end up bankrupt within a few years.1 Carl Jung, famous psychologist, said in fact that the keys to happiness were five things.
“How did the new tax bill affect me?” was the question on everyone’s minds this tax season, and for good reason. Even though this was touted as the greatest simplification of the tax code in my lifetime, I didn’t notice any reduction in time spent preparing returns. Those of you who reviewed your returns in detail noticed that the schedules look drastically different although contain all the same information. The short answer for many is that it didn’t materially change your overall tax liability. The outliers fell into one of a few buckets…
What would you do if you received a major financial windfall? Would you buy a new house or vacation home, give some to your family members, donate to your favorite charity, or take the trip(s) that you have always dreamed about?While most people will not receive a major financial windfall during their lives, it is not uncommon. You might receive a financial windfall by:
When I first sit down with prospective new clients to learn about their finances, one of the most common issues we come across is how spread out investment accounts are. We may have a brokerage account here, an IRA there and, very often, an old 401(K) or two still sitting in a previous employer’s plan. There are plenty of reasons why a 401(K) may be left behind with a prior employer – it could have gotten lost in the shuffle of beginning a new job, it may have just seemed like too much of a hassle to move the plan, or perhaps you took the time to roll the plan into an IRA but your employer made subsequent contributions you didn’t know about. These accounts, affectionately referred to as “orphans,” are becoming more and more common given the increasing frequency of job-hopping, especially among Millennials. So, who do these orphan accounts belong to and more importantly, what can be done about them?