Services

Lets Plan Together.


Your Financial Team

Financial Planning is a very delicate rope to walk with the most important components being your financial planning team. Are they giving me the best financial advice so I'm sure to meet my financial goals? Can you trust they have your best interests at heart? Or can I Trust them with my retirement and do they have the expertise to keep my money safe? These are all excellent questions, and only the tip of the iceberg when it comes to all facets of Financial Planning. The York Financial Wellness Group has enlisted an elite financial planning team to help answer all of your important questions, as well as help implement a financial plan based on your personal financial goals, not theirs. 

Waddel & Reed Financial Services has been advising clients successfully for the past 80 years when it comes to sound financial plans such as Stocks, Bonds, Mutual Funds, Asset Allocation and more.

Mid-Atlantic Wealth Advisors have been serving the residents of York County for over 18 years with Insurances, Retirement Planning, Wealth Protections, Asset Leveraging Strategies, 401k rollovers  and much more.

 


Comprehensive Financial Planning Services

We understand the importance of offering you a broad array of financial planning services that can address your financial concerns, issues and objectives.

Your financial advisor can help you identify and prioritize your goals, and then use a variety of tools and resources to produce a detailed written analysis of your current situation. Additionally, your advisor can develop and suggest stratigies and solutions that can help you make informed decisions regarding specific actions to take in seeking to achieve your goals. Talk to your financial advisor to determine which FOCUSPlan services would be most appropriate for your particular circumstances.

Our FOCUSPlan services range from basic to advanced, including tax-sensitivity and detailed cash flow planning, and can address any or all of the following areas:

Financial Profile

Details your financial Concerns and needs as well as key information about your current situation. (included at no additional cost)

Retirement

Reviews Projected Retirement Needs based on your desired income and expected expenses in retirement.

Survivor Income needs

Evaluates the financial impact of each person's death on their ability to achieve defined financial goals.

Education Funding

Considers the need to save for educational expenses and what the future cost of those goals will entail.

Estate Review

Analyze your current estate, including various existing estate planning techniques and strategies.

Asset Allocation

Reviews your current Investments and provides basic stratigies for specific financial objectives.

Income Tax

Assesses your current federal and state tax status, as well as taxable income, and analyzes the impact of implementing various tax stratigies.

Goal Funding

Explores additional financial accumulation goals and their impact on your overall financial plan.

Disability Income

Investigates the potential impact of a permanent disability on your financial goals. 

Long-Term Care

Analyzes the consequences of long-term care expenses on your financial resources.


 

The Additional Benefits of Advanced Services

The advanced services offered through your financial advisor take the previous services a step further by offering a more in-depth and detailed analysis.
Advanced services may also be utilized on thier own or in conjuction with the services previously mentioned. 

Business Planning strategy

If you own your own business, you have an asset that may greatly impact your income, net worth and overall financial and estate planning. This service analyzes the value of the business under four different valuation methods, addresses important issues regarding continuity planning and assists with executive compensation planning.

Investment Planning Services:

Based on individual time horizon and risk tolerance levels, this service provides advanced asset allocation strategies for specific financial objectives. Also included are: specific recomendations of a pecific model portfolio or custom optimization to create a personalized asset mix for investment positions and monthly savings.

Wealth Forecasting Service (Monte Carlo Analysis)

Once a plan is developed, it can be very helpful to evaluate and analyze the plan in view of all the variables and uncertainties of the future. This service analyzes the probability of the success of your current and proposed financial plans using a statistical analysis that considers the impact of various economic uncertainties.

Estate Planning Strategies

The effect of implementing various estate planning strategies is reviewed under this service. more in-depth planning capabilities include detailed analysis of advanced retirement and/or estate planning stratigies to address more complicated and complex situations. 

FOCUSPlan Premier

This in-depth financial planning service provides detailed analysis of advanced retirement planning and/or estate planning strategies. In addition, this service can address almost any financial consideration or concern, such as Cash Flow, Education Funding, Disability Income, Survivors needs and Stock Options


What Is Asset Allocation

Lewis Carroll, The author of Alice In Wonderland, once said, "If you don't know where you're going, any road will get you there." This is certainly true when it comes to investigating: If you don't know where you're headed financially, then it is not as vital which investments make up your portfolio. If you do have a monetary destination in mind, then asset allocation becomes very important. The term Asset Allocation is often tossed around in discussion of investigating, but what exactly is it? Simply put, asset allocation is about not putting all of your eggs in one basket. More formally, it is systematic approach to diversification that may help you determine the most efficient mix of assets based on your risk tolerance and time horizon. Asset allocation seeks to manage investment risk by diversifying a portfolio among the major asset classes such as Stocks, Bonds, and Cash Alternatives. Each asset class has a different level of risk and potential return. At any given time, while one asset category may be increasing in value, another may be decreasing in value. Diversification is a method to help manage investment risk. Asset allocation and diversification do not guarantee a profit or protect against loss. So if the value of one asset class or security drops, the other asset classes or securities may help cushion the blow.

Dividing your investments in this way may help you ride out market fluctuations and protect your portfolio from a major loss in any one asset class. Of course, it is also important to understand the risk versus return tradeoff. Generally, the greater the potential return of an investment, the greater the risk. As a result, the makeup of a portfolio should be based on your risk tolerance. Generally, you should not place all your assets in those categories that have the highest potential for gain if you are concerned about the prospect of a loss. It is essential to find a balance of asset classes with the highest potential return for your risk profile. Other Factors that are important to developing an asset allocation strategy are your investment goals and time horizon. When you are considering how to diversify your portfolio, ask yourself what you want to accomplish with your investments. Are you planning to buy a new car or house soon? Do you aspire to pay for your children's college education? When retirement rolls around, would you like to travel and buy a vacation home? These factors should all be considered when outlining an asset allocation strategy. 

If you require a specific amount of money at a point in the near future, you might want to consider a strategy that involves less risk. On the other hand, if you are saving for retirement and have several years until you will need the funds, you might be able to invest for greater growth potential, although this will also involve greater risks. Whichever asset  allocation scenario you decide on, it's important to remember that there is no one strategy that fits every type of investor. Your specific situation calls for a specific approach with which you are comfortable and one that could help you pursue your investment goals.