We have firsthand experience with aging clients… We stood beside our grandparents, and now our parents, numerous clients who need our help and rely on us to keep their assets on track and care for their loved ones when they aren’t here. We understand their wishes and uphold them.

We help seniors avoid financial problems:

What would a market downturn mean for cash flow as we, or a relative, ages? How can you make sure healthcare costs are covered? How can we avoid taking advice from someone without our best interest at heart?

Financial Care Providers is experienced with the complex issues seniors face. It’s not easy to juggle blended-family relationships, family-owned businesses, property in multiple states, taxes, healthcare costs, assistance in daily living…   and the list goes on. We have developed a network of professionals in the Atlanta area who we can refer to help.

Financial planning is dynamic and ongoing.

Your financial goals will adjust over the years with transitions in your career, business or stage of life. Changing professions, selling a business, planning for retirement, preparing an estate for yourself or a family member are all reasons to create, review and revise your financial plan to ensure achievement of your long-term goals.

Most successful people have one thing in common: they want to get more out of their lives, and they don’t want to spend their time doing things they aren’t interested in or good at.  Our firm specializes in helping you identify what’s most important to you and your family and how you can spend more time doing the things you really enjoy and less time doing things you would rather not do.

The specific reason or reasons that brought you here will probably be addressed first.  As a part of that strategy process, we will take a broader look at other aspects of your financial life.  When we see potential issues, we will discuss them with you.  We will discuss options, and then timelines and ways to proceed with whatever option you choose.

The Financial Care Providers Planning Process includes:

Financial assessment - where we create a cash flow and net worth statement.

Financial Independence (Retirement) Planning - where we will create a projection of the future at-retirement value of your taxable investments, pensions, IRAs, and expected Social Security benefits.

Education Funding (if applicable) - where we will project the cost of one or more child’s education and look for appropriate ways to pay for it.

Portfolio Building and Investment Analysis - where we review all of your investments and provide recommendations among different types of assets with a view toward fulfilling your financial planning objectives.

Insurance Planning - including a review of your life and disability insurance coverage, property and casualty insurance, and long-term care insurance where appropriate.

Tax Planning– Planning your monies without a strong focus on tax consequences is not planning at all.  We understand how our products interface with your tax documents and create a strategy to help you accumulate and distribute your monies minimizing tax consequences and keeping you aware of how your choices can impact your tax liability.

Estate Planning – We are not attorneys, but we work with some of the very best in Atlanta or will work alongside your current counsel.  We also work closely with Trust Companies to help ensure your wishes are followed.  We pride ourselves in creating a team to closely resemble a Family Suite.

Our first objective in the planning process is for us, together, to identify your personal goals and objectives, so that we can better understand how your primary assets--your time and your finances--can be organized to better pursue the achievement of these goals.  What do you want to happen, personally and financially, and in what timeframe?

We typically spend our first planning session discussing your goals, identifying the motivation behind the goals, challenging each goal to see if it will make it into the top five. From time to time we will again visit these goals to see if they are still priority items.

We also seek to compile all current assets, take an inventory of insurance coverage, wills and any estate documents, an annotation of your monthly income and expenses, and a review of your tax returns.  We identify your investment experience and attempt to evaluate your tolerance for investment volatility and risk.

Developing the plan is a collaborative process.  We ask for your thoughtful review of our draft analyses and proposals, and candid commentary. We will then revisit the financial planning analyses and proposals after receiving your feedback, adjust recommendations where appropriate, complete the various applications, transfer assets, and set up an action plan.

In situations where a specialist (attorney, tax or insurance professional) is appropriate, we will provide referral options and offer to coordinate with that specialist or work with your current specialist.

The result is a financial plan that is specific to you and addresses both intangible and tangible goals. It tries to strike a balance between the financial choices you make that consume capital and the value-based goals you wish to activate that are intangible in nature but have everything to do with creating a satisfying life.

We will then monitor your progress towards your goals.  We come back to the goals and see what, if anything, needs to be adjusted to the financial analyses, the financial plan and the action items for the coming year.  Have any internal family or business events occurred that might trigger changes in your financial goals?  Based on reasonable projections, are you on track to achieve your goals?  Can anything be done to decrease the risks associated with accomplishing your goals?

During the year, if we believe that something in your portfolio needs to be changed because of factors either directly related to the investment or to the economy, which could cause adverse consequences to your investments, we will contact you to discuss making the necessary changes. 

We work on a Flat Fee Basis for a reason.  We want you to call us first and let us know what you are thinking about:

• Did you get a nice offer on your rental home? 
• Are you thinking of changing employers?
• Do you have a key employee that you’d like to offer an incentive?
• Are you thinking of hiring an assistant? 
• Did you husband suffer a fall and is in the hospital?
• Is your mom getting confused and paid the cable bill three times?

Whether you realize it or not, all of these can dramatically affect your financial plan, and we want to help you look at all the options clearly and make the choices that work best for your situation. 

Click here to start a conversion about your needs and situation.

We are here to help you answer your most critical financial questions.

Is our lifestyle secure for the future?

What is the sustainable spending rate given our current asset structure?

Who will make choices for me when I can’t?

What will a market downturn mean to our cash flow?

Are our assets properly titled according to our estate plan?

Changing professional positions can be challenging and moving your pre-tax monies is important. You worked hard to accumulate those assets and you need to make choices that keep your retirement plans on track. Set aside, or left behind, these assets may dwindle if not actively managed. We are here to answer your questions and understand your option.

Your investment strategy should be driven by a personal, customized financial plan.  Only one measure of investment success matters: having the client successfully meet their financial goals.  One of the practice’s true values shows up when markets are unsettled or in flux. We seek to create diversified portfolios that have less risk than the benchmarks. Our goal is to preserve capital in bad markets and to nurture growth in good markets because we believe that no one can time the markets effectively. There are several additional views that we believe are relevant and important to communicate to my clients.

While we believe in the general principles that are collectively known as Modern Portfolio Theory, we feel that one of the primary tenets of Modern Portfolio Theory, the “buy and hold” approach to portfolio management has been misapplied by many in the investment industry. This approach states that an investor should purchase and then hold onto a diversified portfolio regardless of valuations and long-term trends. It is of our opinion these universally accepted investment principles utilize flawed assumptions and thus are likely to severely underperform during long term bear markets and periods of extreme market volatility. 

While we do believe our clients should maintain sufficiently diversified portfolios, we also subscribe to the belief that portfolios should be managed according to market valuations, current government fiscal policies and global trends by tactically allocating by utilizing fundamental analysis of market valuations as a best means to manage risk.

Many of our clients need assistance with investment accounts that are unable to be transferred to one of our investment management portfolios. 401(k) and 403(b) retirement savings plans are common account types that fall into this situation. This is commonly our client’s largest liquid asset. We strive to ensure our client’s allocation structure coincides with the current economic environment and their individual strategy. These accounts are the most important building block to retirement savings, and they deserve personalized attention.

Being prepared for the unexpected is a critical element of financial planning and wealth management.  We are trained to listen to your needs and help you calculate a present value figure to fulfill your wishes.  Not just take a “rule of thumb” approach.

The conversation around Life Insurance can seem complex, especially when combining the insurance needs with retirement planning using cash value policies.  Business owners use such products to fund Buy/Sell agreements and Key Man coverage.  We are trained to explain complex ideas and make them clear and simple.  It really doesn’t have to be that difficult.

Over 70% of individuals over the age of 65 will require Long-Term Care services.  This means they will need assistance with one or more of the basic activities of daily life.  This cost can be significant, and is generally not covered by health insurance, Medicare, or Medicaid.  Long-Term Care Insurance can ease the financial burden and eliminate uncertainty about your financial future.

Unlike many other investment management processes, additional specialized expertise and resources are often necessary to create and maintain a personal trust.  We partner with attorneys and trust companies as a liaison in implementing your financial planning needs.

A personal trust is an opportunity for you to determine the future direction of your assets – directing how wealth is distributed over generations, shaping investment and tax strategies to help maximize value, and keeping personal information private.

Not only do trusts help provide security in the future, but the control they provide starts immediately.  Although you may think of a trust as an end-of-life planning activity, it is possible to establish one at any time such as sudden changes to wealth, health, or family relationships that might normally have a drastic financial impact that may be less disruptive with the appropriate trust structure in place.

Client Relationship Options - click this link for a pdf of our pricing schedule.

We specialize in what you don’t expect.  Working over 29 years in Metro-Atlanta affords us a network of seasoned professionals who have worked alongside us for years and even decades.  Please check out our videos to see us present with local professionals in other occupations. 

At Financial Care Providers we want to help wherever we can.  We LOVE getting calls for off the wall requests!  It makes our day when we can get outside the box, shake things up, and help someone.