Saving enough in order to live comfortably in your retirement should be the goal of every individual. With rising costs that are unpredictable, it has become quite difficult to determine how much money will be needed and social security alone cannot adequately meet all your retirement income needs. Let us help you to develop a retirement strategy and saving plan. If you already have a plan in place, we can review your plan and make adjustments to ensure that your current investments and allocation keep you on track to meet your financial needs during your retirement.

We offer:

• Retirement Plan Rollovers
• Traditional IRA
• Roth IRA
• SIMPLE IRA

Social Security Maximization

For those who are already retired or approaching retirement, deciding when to start receiving your social security benefits may seem obvious but there are factors that can affect the amount of benefits you end up receiving. We can help you sift through the rules and maximize your social security income.

What is a financial plan?

It is a comprehensive evaluation of a client's current and future financial state. It uses current variables to predict future asset values, cash flows, and withdrawal plans. The more information we know about a client such as their goals, wants, and needs, the better financial plan we can develop that will help lead the client to financial success.

Why do I need a financial plan?

By creating a financial plan, you see a clear map of where you were in the past, where you are now, and where you're going in the future. This allows you to be better prepared for the future. By revisiting your financial plan with your advisor from time to time, you can stay on track and be better prepared for unexpected future events.

More than filling out 1040 forms, our proactive tax planning finds more tax deductible items, creates tax-advantaged situations and teaches you how to reduce taxes for greater savings in future years.

Investing in College Saving Plans

With tuition inflation averaging >5% a year, you cannot afford to subject your education savings to unnecessary taxes. The right college savings plan can help ensure that you save effectively and efficiently, and gives you a state tax deduction.

Tax Season

We will gladly work cooperatively with your CPA or tax preparer to help minimize the burden of tax preparation. With CPA's on staff we know what your CPA needs and can speak their language. We're happy to step in and provide a comprehensive tax package containing all of the relevant documentation needed from our firm.

Objective

At CWP, our goal is to manage client portfolios conservatively with low volatility, while pursuing long-term capital appreciation through a well-diversified set of investments. Our experience helps us identify an appropriate risk tolerance for our clients that align with their long-term financial goals. Adhering to the agreed upon guidelines, CWP manages all accounts of a household as one portfolio. We believe this to be the appropriate way to manage risk across all assets for a client.

Philosophy

Through our broad understanding of market fundamentals and constant monitoring of the macro investment landscape, we believe investors often overreact in the short run due to emotion or excessive optimism, which may result in mispriced assets from time-to-time. With a focus on fundamentals, we invest in assets that we deem undervalued or are trading at a discount to their intrinsic value. We also believe companies that return capital to its investors on a sustained basis over long periods of time tend to produce better overall returns, which is consistent with our goal of providing our clients a steady stream of income and capital appreciation.

Process

Having a strong understanding of the economic cycle and identifying shifts is the focal point of our investment strategy and asset allocation. To assess prospects for economic growth, inflation, interest rates, exchange rates, trade and capital flows, and business cycle, we closely monitor economic and policy developments, business activity, and the geo-political environment in all the major developed and emerging economies. This helps us make sound and timely investment decisions.

Modeling

Our investment strategy is centered around an asset allocation model, focusing on the “core and satellite” method. Core investments consist of index funds that track various market capitalizations in both domestic and foreign markets. Satellite positions consist of sectors and other opportunities that match our philosophy. We maintain a buy and hold approach with core investments in normal market conditions, while satellite positions are rotated at various points of the business cycle.

A model is assigned to each household based on their desired risk tolerance, objective, and total investable assets. We define “risk” as the amount of equity exposure in each model. As equity exposure increases, the risk of the model increases. Below are the models and their respective equity exposures:

Strategic Allocation

In line with a client’s risk profile, asset class weights are fixed across various models and rebalanced on a quarterly basis to bring them back to model. Within an asset class, weights of specific assets are allocated based on our assessment of the current macro environment. Securities within an asset class are selected based broadly on scenarios of growth and inflation. A strong understanding of where growth and inflation are trending, as well as, following key indicators to gauge the rate of change in economic activity, helps us identify where we are in a business cycle. This allows us to pick sectors and style factors that perform well in various phases of the business cycle and economic environments. Accurately identifying key trends is an integral part of our strategy. Once identified, these trends form the basis for our individual security selection within sectors or style factors in the current investment environment.

Risk Management

We place our highest priority on protecting our clients’ assets. To control risk, we work to limit volatility across all assets. Our portfolios are modeled to have a lower beta, while risk adjusted returns are designed to be in line with broad market performance. We employ a risk on, risk off approach, which allows us to tactically shift the weighting of the models during uncertain markets.

What is an Estate Plan?

An estate plan is exactly what it says it is; a plan for your estate. Estate planning allows you to specify exactly where each of your assets goes upon your death, whether it be to family, friends, a trust, etc. It will ensure your hard-earned assets do not land in the hands of the wrong person.

Why do I need an Estate Plan?

Through estate planning, you will ensure your assets will be handled exactly how you want. By involving the help of a professional, you will also ensure the transfers of your assets will occur with minimum tax consequences, and that your estate has enough liquidity to meet its obligations to your beneficiaries.