Our Services

Financial Planning

Before you can invest intelligently, we guide you on a journey to build a thoughtful, comprehensive plan that is centered around your goals and values to help you enjoy a GRAND life!

Before you can invest intelligently, we guide you on a journey to build a thoughtful, comprehensive plan that is centered around your goals and values to help you enjoy a GRAND life!

Many of our clients sought us out because they wanted help with more than their investments and were often disappointed by the limited service previously received. In addition to multi-faceted planning and investment advice, our clients look to us for sound guidance and expertise in all things that impact their finances.

We begin all client relationships with financial planning to obtain a thorough understanding of your entire financial picture. Doing so enables us to provide comprehensive, integrated advice to help you most effectively meet your goals.

Retirement Planning

Retirement planning initially is about setting aside enough money for retirement and progresses to include setting specific income or asset targets and taking the steps to achieve them, which includes accumulation order of operations. Eventually, the emphasis changes to non-financial, lifestyle aspects, and retirement distribution strategies that includes tax-efficient order of operations for tax-deferred, tax-exempt, and taxable accounts.

Cash Flow Analysis

We help you ascertain if you’re able to maintain your lifestyle through major life events and unexpected expenses by creating multi-year cash flow projections that utilize Monte Carlo analysis (randomness of investment returns).

Tax Planning

We seek ways to minimize current and future income taxes as a part of your overall financial planning picture. For example, recommendations may be offered as to which type of account(s) or specific investments should be owned based in part on their tax efficiency, with consideration that there is always a possibility of future changes to federal, state, or local tax laws and rates that may impact your situation.

We recommend that you consult with a qualified tax professional before initiating any tax planning strategy. We will participate in meetings or phone calls between you and your tax professional with your approval.

Investing

Our investment philosophy is to remain disciplined and not to take more risk than needed to accomplish your goals.

Our investment philosophy is to remain disciplined and not to take more risk than needed to accomplish your goals.

We use an evidence-based investment approach to develop customized asset allocation based on your tolerance for risk, time horizon, and needs. We are proud to be a Dimensional Fund Advisors (DFA) approved firm and utilize their decades of rigorous peer-reviewed research based upon Nobel prize-winning economics. We create globally diversified portfolios comprised of low-cost institutional funds, mutual funds, exchange-traded funds (ETFs), and bonds. We strive to reduce taxes and expenses and look for tax harvesting opportunities and asset location optimization.

As an independent advisory firm, we’re not limited by proprietary, off-the-shelf products. That lets us focus on providing unbiased recommendations based on your needs. Once your strategy is implemented, we monitor and evaluate your portfolio, research potential opportunities as they arise and focus on tax management as appropriate.

Savings Strategies

We quantify savings requirements to meet objectives, as well as recommend the most efficient vehicles to utilize from a tax and asset-transfer standpoint. Traditional IRAs, Roth IRAs, employer retirement plans, and taxable savings and brokerage accounts are all considered, and an optimal combination is recommended. Special consideration is given to what types of investments should be held in different types of accounts to maximize tax-efficient investing.

Social Security Optimization

There are many factors to consider when determining how to collect Social Security benefits. There are several strategies available, especially for married couples and divorced individuals, which could significantly increase lifetime Social Security benefits. We educate you on your options and help you quantify how best to employ these strategies.

Business Owner Consulting

We help business owners simplify and organize their business and personal finances that are deeply intertwined.

We help business owners simplify and organize their business and personal finances that are deeply intertwined.

This includes gaining an understanding of your business objectives, sales, profit margins, cash flow, and budgeting, to then explore opportunities or gaps that may impact short-term and long-term goals. This requires working collaboratively with you to create / modify business strategies and tactics to maximize the business.

We will evaluate the benefits of starting a retirement plan as well as implement tax-efficient investing strategies that benefit you and your employees. If a future sale or internal transfer of ownership is being considered, we help sort through the alternatives and formulate a plan to maximize the value of the business and extract the wealth from it in a tax-efficient manner.

Stock Options & Executive Compensation

Stock options can create a major liquidity event that transforms your financial life.

Stock options can create a major liquidity event that transforms your financial life.

Executive compensation and stock options are complex and can get overwhelming, so we will help you make more informed decisions that will maximize your pay. We will help you decide on a strategy that considers tax implications and risks associated with concentrated stock positions that best utilize the proceeds to diversify sudden wealth.

Protection Planning

We coordinate all of your insurance policies to ensure they provide appropriate coverage and are working together effectively.

We coordinate all of your insurance policies to ensure they provide appropriate coverage and are working together effectively.

We analyze your personal and employer provided insurance coverage as well as capital needs to determine the optimal level of insurance in the case of unforeseen events. We will consider family dynamics, including number of dependents, how long dependence will last, and how income needs might change over time, as well as one-time needs such as debt pay-offs, college funding and funeral expenses. We determine if there is a life insurance need and, if so, what kind and how much. We also evaluate existing policies to determine whether they remain appropriate and discuss any alternative solutions that may be worth considering.

In addition to life insurance, other types of insurance may be suggested such as long-term care, health, disability, and property insurance. We evaluate and quantify the risks that these products could protect against and assist in determining whether they are risk management tools that should be considered as part of an overall financial plan.

Grand Life Financial does not recommend any insurance products and is not licensed to sell any insurance products.

Advance Care & Long-Term Care Planning

We can help ensure there is a plan in place to fund your medical care needs as you age.

We can help ensure there is a plan in place to fund your medical care needs as you age.

Advance care planning includes making sure that you have people designated to make decisions on your behalf as well as ensuring that you have the funds to pay for your medical care.

Long-term care planning will consider expenses should you or your spouse need medical care over a longer period of time, such as at-home health aides, assisted living or nursing homes.

Pension Maximization Strategies

For those who are eligible to collect a pension at retirement, we assist in determining how that pension should be collected, giving consideration to all available resources.

For those who are eligible to collect a pension at retirement, we assist in determining how that pension should be collected, giving consideration to all available resources.

For those who are eligible to collect a pension at retirement, there may be a lump-sum option as well as several annuity options from which to choose. We incorporate available options into cash flow projections and recommend the most prudent course of action. If an annuity option proves to be the best alternative and dependents or heirs are a consideration, we evaluate whether it would be more economical to take the annuity based on a single life (and purchase a supplemental life insurance policy to provide for loved ones in the event of a premature death), or select an annuity option that offers a survivor benefit.

Estate & Legacy Planning

When considering your family’s future, it is not simply about investments. We help develop planning strategies to ensure your family is taken care of according to your wishes.

When considering your family’s future, it is not simply about investments. We help develop estate planning strategies to ensure your family is taken care of according to your wishes.

If your estate planning documents are already in place, we review them to ensure their completeness and are consistent with your wishes, as well as your current financial and life circumstances. If documents are not in place, we will outline what documents are necessary, and why. If warranted, strategies for tax-efficient wealth transfers and asset distributions to heirs and/or charities during life and at death will be proposed.

Education Funding

In addition to quantifying a total funding need, cost-effective and tax-efficient alternatives to help parents meet their education funding goals will be recommended. Children’s ages, risk tolerance levels and tax situations will be considered. The feasibility of student loans, parent loans and a child’s ability to obtain financial aid will be examined.

Money Coaching

Helping people transform their relationship with money.

Helping people transform their relationship with money.

We help you gain a deeper understanding of the unconscious beliefs and patterns that create stress, anxiety, and fear, to then identify and transform issues that can limit you from living a GRAND life. Learn more.