Wealth Design Capabilities

Investing in the market has become increasingly challenging. Recent market activity has caused many to re-evaluate their investment strategies and their ability to attain key financial goals, and to search for peace of mind. Increasingly investors are looking to structure financial portfolios that are grounded in time-proven financial planning methods, instead of through the latest fads.

We enable our clients to eliminate the need to assemble multiple advisors from multiple firms. We are a comprehensive wealth management firm providing services that include:

Investment/Asset Management

Assessing each client's unique risk tolerance, time horizons and realistic goals are key to the investment policies of Wealth Design. By designing a portfolio to help reduce market volatility with a higher probability of achieving the returns each client requires, we try to minimize the fluctuations of the capital markets while attempting to ensure your goals.

You can count on us as your Wealth Manager to do the following, as we work with you in drafting and implementing a clear investment policy statement:

  • Report the position and performance of your total portfolio — not just part of it — so you see the whole picture.
  • Assist in your stock option strategy and implementation.
  • Create the best strategies for education savings for your children through investment management.
  • Analyze cash needs and help you gain access when needed.
  • Hold regular meetings with you to provide you with a clear understanding of your investments.
  • Collaborate with other advisors you may have.

Education Savings/Planning

Many of the education plans available today offer tax advantages that can lessen your financial burden by reducing the amount you need to save. Educational costs have been increasing at a rate greater than the general level of inflation. We cannot control these increasing costs but we can most effectively save using the right type of savings plan.

529 Plans are tax-preferred savings vehicles for higher education costs. There are two types of plans: Prepaid Tuition Plans and Tuition Savings Plans. Prepaid Tuition Plans provide a guarantee that the value of the account will increase at the same rate as tuition. This allows a contributor to prepay a child's college tuition at or close to today's prices.

Rollovers of 529 plans are permitted between certain family members should the beneficiary decide not to attend college or should surplus funds remain in the account after funding the expenses. If ultimate distributions exceed qualified expenses, however, or the donor makes withdrawals for non-qualifying purposes, earnings are subject to income tax with a 10% additional penalty tax imposed
Other alternatives include:

  • Uniform Gifts to Minors Act accounts (UGMAs)
  • Uniform Transfers to Minors Act accounts (UTMAs)
  • Educational IRA's (Coverdell Education Savings Accounts)

We can assist you in understanding the limits, restrictions and costs of these plans, which vary among states.