Effective strategies for your ideal tomorrow.

Tax planning

How your income, investments, stock compensation and insurance products are taxed.

• Identifying AMT issues
• General discussion of deductions and income recognition
• Answer questions about investment tax issues
• Discuss statement of personal financial position
• Analyze personal cash flow statement
• Develop and/or analyze business balance sheet, income statement, cash flow statement and pro forma statements
• Discuss and educate on employee stock options basics, ISOs, NSOs and planning strategies
• Tax implications of various stock plans: restricted, phantom, SARs, ESPP
• Non-qualified deferred compensation programs
• Income taxation of life insurance and annuity products
• Investment cost basis research and reporting

Investment planning and asset allocation

Asset allocation, risk tolerance and diversification, built into an investment policy statement.

• Asset allocation analysis
• Risk and reward (risk tolerance analysis)
• Diversification analysis
• Analysis and research on individual securities
• Investment policy statement development

Retirement planning

Retirement needs, plan choices, contribution limits, RMDs, Social Security and Medicare costs.

• Retirement needs analysis
• Retirement plans analysis and education
• Savings planning
• Contribution limits planning
• Retirement plan choices (IRA, SEP, etc.)
• Employer plans vs. self-directed plans analysis
• Assist in the coordination of retirement plan service providers, product sponsors or vendors as a liaison
• RMD or 72(t) calculations and analysis
• Beneficiary designation planning
• Social Security and Medicare health care cost planning

Estate planning

Gifting strategies, trusts, estate documents, titling of assets and beneficiary designations.

• General estate planning and gifting strategies
• General estate tax planning and education of trusts and estates: filing requirements, deadlines, etc.
• General trust planning and education: types, features and taxation
• Explanation of estate planning structures and documents: wills, POA, trusts, etc.
• Explanation of types and treatment of trust income: accounting, taxable, distributable
• Sources of estate liquidity planning
• Ownership titles and titling of assets planning
• Discussing impact of account and trust beneficiary designations

Cash flow and budgeting

Budgets, emergency funds, savings and debt management for households and businesses.

• Creation of personal or business budget
• Guidance and analysis on cash flow management, budgeting and emergency fund planning
• Explain various components of cash flow (income, taxes, expenses)
• Savings strategies
• Debt management strategies
• Personal financing strategies
• Analysis of personal statement of financial position and statement of cash flows

Business planning

Cash flow, retirement and employee benefits, financing, and succession or exit planning.

• Cash flow analysis
• Retirement strategies
• Succession or exit planning
• Cash management
• Employee benefits planning
• Financing strategies
• Business use of insurance analysis
• Intra-family and other business transfer techniques

Education planning

College costs, qualified tuition savings plans, funding strategies and financial aid.

• Discussion of qualified tuition/college saving plans
• College costs and inflation analysis
• Individual needs analysis
• Development of funding strategies
• Direction on ownership of assets
• Financial aid strategies
• Gift tax limits and trust usage strategies for education funding

Insurance needs planning

Life, disability and long-term care needs, health care costs and policy ownership.

• Insurance gap/needs analysis for life, disability or long-term care
• Health care, including Medicare, expense planning
• Analysis and planning for estate liquidity
• Planning for policy ownership issues and beneficiary designations
• Asset allocation, diversification and securities research for variable life and/or annuities (provided the advisor is not the rep/agent of record)
• Education on types of insurance: term vs. permanent, nursing home vs. home care, indemnity vs. reimbursement

Personal financial planning

Your full financial picture, major purchases and planning for life events.

• Determining your financial status by analyzing financial statements, special needs, investments, taxation, employee benefits, etc.
• Stock option planning
• Discussion of various mortgage options and real estate purchases
• Advice on a change of lifestyle or major life event (marriage, divorce, children, job, education)
• Major purchase goal analysis and funding options
• Net present value calculations for comparison purposes, including time value analysis (NPV, FVA, PVA, PVAD)
• Importance of saving (dollar cost averaging, compound interest)
• Education on mortgage options and financing analysis
• Financial guidance and planning for special circumstances including death, disability, job loss, monetary windfall, divorce, etc.

How we work

A three-part approach to investing

Markets change quickly. Our three-step process keeps your plan ready to adapt.

Who you'll work with

Jakob Fries, CFP®

Director – Wealth Management

Jakob began a life of service in 2006 when he joined the United States Air Force. After leaving the military, he earned a Bachelor's in Finance with a focus on portfolio management, and now applies that experience to helping clients create the financial plan they deserve.

He is a member of The American Legion Post 40, supporting youth mentorship, veterans and fellow service members.