Our Methodology: Integrated Financial Planning

Often it seems like all financial advisors are all the same.

We all invest your assets. We all want to help you. Among fiduciaries through advisory accounts, there’s an entire set of ethics and rules we need to follow in common leading to more similarities. For all that, we are not all the same.

At Legacy Point Financial Group, we differentiate ourselves with our approach to financial planning, our adaptability, and our commitment to keeping our clients not only apprised but educated about their investments.

Our Approach to Financial Planning

At Legacy Point Financial Group, we believe in a detailed, consultative approach that begins with financial planning. Much like you would want an MRI before agreeing to surgery, you should expect a thorough examination of your finances before a financial advisor suggests a course of action.

Before offering any solutions, we complete a comprehensive objective analysis of your entire financial picture, including your assets, liabilities, risk management, retirement goals, and life plans. This deep dive allows us to fully understand your unique situation, ensuring that the strategies we develop are specifically tailored to your needs.

By thoroughly assessing your financial health, we can create a customized plan that guides you towards a secure and fulfilling retirement.

What is Holistic (AKA Integrated) Financial Planning?

Our holistic (or “integrated”) financial planning considers every critical aspect of your financial life, ensuring that no stone is left unturned. At Legacy Point Financial Group, we don’t just focus on one element of your finances or single-mindedly pursue the highest yields — we look at everything from tax strategies and retirement income planning to Social Security optimization, Medicare planning, and estate considerations. This comprehensive approach allows us to create a complete plan that addresses your current needs while preparing for your future financial decisions.

Our retirement strategies are designed to optimize your income throughout your retirement years, while our tax planning seeks to minimize liabilities and keep more of your hard-earned wealth. We also assist with Medicare decisions and estate planning, to guide your legacy. By integrating these elements into a single plan, we work to make your financial future sustainable, while guiding you through the different stages of retirement.

Adapting to Changes

At Legacy Point Financial Group, we understand that both market conditions and personal circumstances can shift over time. That’s why we take a proactive approach to financial planning, regularly reviewing and adjusting strategies to keep your goals on course. Much like a pilot navigating around turbulence, we make necessary adjustments to your financial plan to keep it aligned with your objectives. Whether it’s a change in the economy, tax laws, or your personal situation, we’re here to guide you through, making course corrections as needed to secure your long-term financial success.

Client Involvement

At Legacy Point Financial Group, we believe that financial planning is a partnership. Our goal is to empower you to be as involved in the process as you want, by simplifying complex financial concepts and making them easy to understand. Whether you prefer to take an active role in every decision or want us to handle the details, we respect your preferences.

We provide guidance and expertise, but you remain at the center of the planning process, with full transparency every step of the way. Together, we build a plan that reflects your vision for retirement.

Let’s Work Together on Your Financial Future

The Most Asked Question: What’s Our Compensation?

We believe in fostering mutually beneficial relationships with our clients, grounded in transparency and open communication, ensuring full awareness of the costs involved. We will discuss and provide appropriate disclosure so that clients are fully aware of the cost of doing business with us.

We will discuss and provide appropriate disclosure so that clients are fully aware of the cost of doing business with us given their unique situation and investment strategy. We are primarily compensated in 3 ways –

    1. New client engagement generally starts with the comprehensive financial planning processes. For this service we charge a flat fee based on complexity.
    2. When we help clients manage assets, we charge a percentage of assets undermanagement. This is a fee designed to align the interests of the advisor and client. This fee is reduced as assets managed by the firm increase.
    3. If we are helping implement insurance recommendations, there are commissions that are generated. We will tell you what these commissions are while presenting these recommendations.