Wealth Awareness Process
Our Wealth Awareness Process is a framework for the key wealth management issues that Briggs Advisory Group will address in order to implement comprehensive, goal-focused financial solutions.
By leveraging tax and financial advisory experience, Briggs Advisory Group will help ensure your wealth management plan is operating in a tax-optimized manner. This includes working closely together with your estate attorney and tax preparation professionals to optimize available tax solutions to help clients reach their goals.
Whatever your vision of retirement is, diligent and ongoing planning and goal setting are necessary for your retirement to live up to your expectations. Briggs Advisory Group will help you make the most of your employer-sponsored plans, IRAs and other retirement vehicles to make sure your income is sustained during the time when you reward yourself for years of hard work.
Many people find the investment planning process to be intimidating and will often not review investment strategy as often as their lives change. As life and goals change, your investment strategy may need to change. Briggs Advisory Group will frequently determine your asset allocation needs, help you understand your risk tolerance, and recommend the appropriate investment vehicles to help you protect your wealth and reach your goals.
Considering that education costs increase significantly each year, your children’s educations — as well as your current and future lifestyles — depend on the wealth you build up now. It is important to regularly review your specific goals and actively plan for education costs.
Illness and injury can happen to anyone. In fact, a person has a one in four chance of becoming severely ill or disabled. If you’ve planned for this possibility, when was the last time you reviewed your plan, and does it take into account recent life events? As life changes, so do your insurance needs and necessary strategies to protect your lifestyle and your family members who are dependent on your income.
Asset and income protection include strategies to shield assets from illness, taxation and frivolous claims from third parties. Successfully planning for these potential events cannot be overstated, considering the effect they can have on your overall plan.
Business owners have countless daily demands on their time. Additionally, they must save for retirement and plan for what will happen to their businesses when the owners retire. Whether it’s a buy-sell agreement between owners or an income preservation plan for your loved ones, Briggs Advisory Group offers comprehensive support for complex business planning needs.
Designing your estate plan and defining your legacy is one of the most difficult and emotional components of your wealth management plan. Successfully planning the transfer of your wealth is critical to fulfilling the promises you’ve made in your life. Briggs Advisory Group will work to minimize income and estate taxes and help maximize the financial opportunities you provide to your heirs and chosen beneficiaries. The goal is to help you leave behind the legacy you desire.
*CERTIFIED FINANCIAL PLANNER™ professionals
Skip Briggs, CPA/PFS, CFP®
Christopher J. Ricci, CFP®