Wealth Management
What is Wealth Management? It seems to be the new buzz word in the retail investment world. To some it may seem like a fancy way to say “financial planning.” To many it may seem like a confusing term.
At J. Vitucci Financial Services, Wealth Management refers to a specific proprietary program we have initiated to address 13 financial issues that individuals may face through different phases of their lives. The nature of our program leads us beyond financial planning to financial integration.
Our program is designed to organize your current data, benchmark-test your fiscal fitness, and offer strategic solutions to match your wealth holdings with your needs and goals. While each client’s journey through our wealth management program is unique, our consistent process addresses the following:
 One Team—An Integrated Strategy—The world of finance can be complex due to the need to consult many advisors across multiple disciplines. We have found that working with multiple advisors often results in multiple plans—a tax plan, an estate plan, and an investment plan. Our practice has the scope to provide comprehensive wealth management taking into account tax sensitivity, financial planning analysis, estate planning concerns, & investment strategies. If you are already working with a CPA or attorney, we are happy to liaise with them to form a comprehensive plan for your finances. Our practice has the expertise to deliver a fully integrated service through a team with varied specialties.
Asset Location & Asset Allocation—While active asset allocation and on-going investment management is an important piece of our Wealth Management Program, the Location or investment vehicle chosen for a specific piece of a client portfolio can have a significant impact on the strategy goals and affect tax, income, and/or legacy planning. Incorporating asset location into strategy recommendations turns traditional asset allocation on its side and can yield results in potentially decreasing volatility and managing risk.
Digital Balance Sheet, Monitoring, & Collaboration—Do you know where you stand financially? Wouldn’t you like to know—whenever you wanted? Our Digital Balance Sheet gives you a one-view of your finances as often as you want it; updating values every night by communicating with the various financial institutions you do business with. This adds a live element to your financial plan; making ongoing monitoring of our progress a central element.
Fiscal Fitness—Management of liabilities, cash-flow, insurable risk, and net worth form the basis for your overall financial fitness. By defining these at the outset, we can identify areas of strength and concern and set a baseline for gap analysis. An efficiency study of your current insurance plan is undertaken, as well as a review of your current outstanding home loans.
Navigating the 13 Wealth Issues—Our integrated strategy is grounded in addressing a shared variety of financial concerns. While the degree to which these issues affect your financial life may vary, discussing them is vital to the success of your long-term goals.
When was the last time you evaluated your ENTIRE financial picture?
|
