Davenport offers a wide range of financial planning services. Because each individual’s financial situation is unique, you may only need assistance with one of the financial planning topics below or you may need for us to review all of the topics listed.
- Net Worth
An analysis of your net worth provides a clear picture of where your assets and liabilities are today and how they are categorized.
- Cash Flow
An analysis of your current and projected income and expenses can identify cashflow problems and can also identify funds which may be redirected toward achieving financial goals.
- Asset Allocation
Asset Allocation involves selecting the proportion of different types of assets to include in your portfolio. Proper asset allocation improves the return of a portfolio relative to its risk. After the asset allocation decision is made, individual securities or funds can be selected to include in your portfolio.
- Education Funding
We can review your education funding goals and project the amount you will need to save each month or invest in a lump-sum to meet your goals.
- Retirement Planning
With increasing life expectancies, many people are concerned today about providing for retirement income that will last for the rest of their lives. In our retirement analysis, we’ll compare your projected retirement needs to your sources of retirement income. While this analysis may simply confirm that your current retirement plan is on track, it may also identify potential shortfalls and offer alternative strategies to meet your goals.
- Risk Management
The basic techniques for managing risk are risk avoidance, risk reduction, risk retention and risk transfer. We can help you determine the proper amount of life, disability and long term care insurance necessary for your situation.
- Estate Planning
Depending on your estate situation, almost one-half of your estate could be used to pay estate taxes if proper plans are not in place. In our estate analysis, we will analyze the nature and ownership of your assets, identify potential estate tax problems, and recommend strategies to help reduce estate taxes.
- Planning for Family & Charitable Giving
By implementing a family gifting plan, you can enjoy making tax-free gifts to your family during your lifetime (within current annual gift tax exclusions). By making gifts to qualified charities, you may be able to save taxes through a current income tax deduction. Both types of giving may help you reduce potential estate taxes while retaining the assets you need for retirement.
- 2009 Tax Planning & Reference Guide
Davenport provides various levels of service which are customized to meet your specific needs. The complexity of your situation and your specific goals will help determine which level of service is right for you.
Comprehensive Financial Planning
Comprehensive Financial Planning is an advisory service. After a thorough analysis of your complete financial situation, Davenport will provide you with a detailed and comprehensive financial plan that will address many different aspects of your current and future financial situation. This service generally includes advice on net worth and cash flow, asset allocation, risk management, retirement planning, education funding, and estate planning.
Financial Analyses
Your Investment Executive can provide you with targeted financial analyses on a variety of financial planning topics as part of their overall commitment to providing quality service to help meet your financial objectives.
Start the Financial Planning Process Today
Meeting your financial goals is important. We can help you analyze your financial situation, identify opportunities, review your strategic options, and update your financial plan. Call your local Davenport office and start the financial planning process today.
Clients who open accounts as a result of any type of financial planning analysis should consider whether to establish a brokerage account or an investment advisory account. In a brokerage account, your Investment Executive will work with you to facilitate the execution of securities transaction on your behalf. In an investment advisory account, your Investment Executive will act as your investment consultant to monitor your financial situation on an on-going basis. Clients are responsible for determining the type and level of service that is most suitable for their goals and objectives.
|
