Access to Myles WM financial planning system & set up:

Our financial planning system is a comprehensive financial planning platform that is designed to give you a single access point to securely view all of your accounts, Tax and legal documents, insurance policies, specific goals budgets and strategic plans.

Create a budget:

With our Myles WM financial planning system Together, we can build budgets to manage your spending. The budget is customized by each category or estimated from your actual spending data. A spending tab tracks how much is spent in each category and identifies if you’re under or over your budget.

 

Address goals:

Retirement, education funding, Major purchase. Our Goal Planning Tool focuses on interactive cash flow-based on your goals. It highlights the success of your future expense goals and overall probability of success. The Goal Planner is ideal for those with multiple expense goals. It allows you to illustrate up to four separate scenarios side by side. The scenarios display the probability of financial events in the future allowing you to see what you may need by placing what you want in perspective.

Quarterly reviews:

Whether in person or virtually, we will schedule a review each quarter to make sure you are staying on track to reach your goals. You will also have unlimited email access to your personal financial advisor and yes, you can reach us by phone as well.

Weekly newsletter/ articles:

Receive short easy to understand weekly financial briefs about current market news and updates to keep you educated and informed.

401k review:

Each year we will review your 401(k) to see if any changes need to be considered based on current market data future outlooks risk tolerance time horizon and objectives.

Life insurance review:

As life changes our insurance needs do to. Each year we will review your current family situation to see if any changes to your life insurance should be considered. We will also make sure you are utilizing the appropriate type of insurance for your needs.

 

Debt management:

This is an important component of every financial plan. Rather than perceiving all debt as a negative, we work with you to leverage debt, using it as a valuable tool to support your long-term goals—from helping you understand when and how to purchase your next automobile, to making optimal decisions when investing in property and business interests, to ensuring your debt-to-income ratio is always in alignment.

Estate planning:

The preparation of tasks that serve to manage an individual's asset base in the event of their incapacitation or death. The planning includes the bequest of assets to heirs and the settlement of estate taxes. Estate plans are set up with the help of an attorney experienced in estate law.

Social Security Planning:

There is no one "best age" for everyone. There are many things to consider before choosing to start receiving your benefits. We will review your benefit statement and personal situation to design the optimal social security plan.

 

College Planning:

We will provide you with an estimate of your expected family contribution (EFC), explain the EFC formula used by the school, strategies for maximizing education tax credits, savings strategies, school specific merit scholarships, strategies for increasing financial aid at the school selected, offer a comprehensive financial aid analysis at the school selected and loan strategies for meeting shortfalls. We will also assist you with completing the F.A.F.S.A.