HOW WE ADD VALUE
Collaboration with our clients’ other advisors
P&A has since its inception worked with the other professional advisors of our clients to coordinate tax-related items as well as estate planning issues. Our clients find that having a central advisor who can help keep their financial life in order is an asset. After all, if the client is seeking help, the burden of coordinating three or more advisors shouldn’t have to fall on their shoulders. For more on how we work with our clients’ other advisors, check out this article.
Clients often ask us to take a look at their 401(k) or other company retirement plan held away from P&A. We can review your asset allocation and fund options to make sure you’re properly diversified and in the best funds available.
A second opinion
Clients also ask us to review investment accounts held with other advisors to ensure they’re being treated fairly. They know they can trust us to give them an unbiased look at how their other managers have their account invested.
Whether by divorce or the death of a spouse, facing life’s financial challenges without a partner can be overwhelming. We are well-versed in helping suddenly single clients traverse the mountains of paperwork, revise budgets, and produce financial plans. Having someone in your corner who has been through it before makes a big difference.
Charitable gift trusts (donor-advised funds)
For our philanthropic clients, we can help them set up a charitable gift trust, also known as a donor-advised fund. There is no fee to establish a gift trust and the tax benefits are myriad. We spell out the benefits of using a gift trust in this article.
If you want to know if you can retire or buy a second home or what way is best to save for your children’s college education, we can help. Any financially-related question or potential transaction you have, feel free to run it by us. Our advice is objective and we never have a dog in the hunt.
These are just some of the ways P&A can help you navigate the financial landscape. If a client has a financial question, we are here to offer our unbiased advice. Consider us your financial GPS.