What should a financial plan include?
A solid financial plan should include a thorough review of your personal goals and aspirations, along with an assessment of your investment portfolio. It should outline your projected income and expenses both before and after retirement, weigh the pros and cons of various retirement and investment account options, and outline strategies for retirement planning, tax efficiency, charitable giving, and protecting your assets through insurance.
On top of that, it should provide clear, actionable advice and steps to help you achieve your goals. To help you make the best decisions, a good plan will also outline a variety of potential scenarios—as well as some alternatives—for you to consider.
Can you help me plan for retirement?
Planning for retirement is a crucial step in securing your financial future. At United Financial Planning Group, we offer comprehensive retirement planning services to help you achieve your retirement goals.
What is your investment philosophy?
Our investment approach is based on evidence and decades of market history, not on guesswork about the future. Research shows that market timing doesn’t work. Instead, we focus on what you can control: risk, asset allocation, costs, and taxes. Emotional decisions often hurt long-term returns, so we aim to avoid those pitfalls.
Diversification reduces risk—not just by holding a variety of assets, but by mixing companies of different sizes and from different sectors, and by balancing stocks and bonds. Risk cannot be eliminated, but it can be managed.
We keep expenses low by investing in cost-effective mutual funds and ETFs, since high fees can erode the returns of even a well-diversified portfolio.
Taxes matter too. While they are unavoidable, they can be minimized with a smart, tax-conscious strategy.
Will I have a dedicated advisor?
Yes, you will have a dedicated advisor. At Finovate, we believe in the power of a personalized, one-on-one relationship between each client and their advisor. We understand that your financial journey is unique, which is why we ensure that every client is paired with a dedicated advisor who is committed to understanding and helping you achieve your specific financial goals.
What is Wealth Management?
Wealth management is a comprehensive financial service that goes beyond traditional investment management. It’s a holistic approach that takes into account all aspects of your financial life, including your investments, retirement planning, tax planning, estate planning, and more. Read more about our wealth management services here.
What is Financial Planning?
Financial planning is a proactive and personalized process that helps you make informed decisions about your money and achieve your financial goals. It’s like having a roadmap for your financial future, guiding you through life’s milestones and unexpected events. Read more about our financial planning services here.
How do I get started?
Whether you’re interested in having Finovate manage your investments, create a financial plan, or take advantage of our tax advisory services, we usually start with a brief introductory phone call. To schedule an introductory call, please click here.
Are you a fiduciary?
Yes, we are a fiduciary firm. This means we have a legal and ethical obligation to act in your best interests at all times, prioritizing your financial well-being over our own. We are committed to providing you with unbiased advice and recommendations tailored to your specific financial situation and goals.
