WEALTH PLANNING & MANAGEMENT

Womack Wealth Management advisors work closely with clients to design and implement coordinated growth strategies involving comprehensive financial planning, estate and tax planning advice, risk management/insurance planning, and investment management, in a holistic "family office"- style team structure.

 

While stand-alone Financial Planning Services emphasizes plan design with less concentration on guiding the implementation, Wealth Planning and Management services are ongoing advisory relationships with a focus on both the planning aspects and the implementation and management. Wealth Planning and Management integrates WWM's Investment Management and Consulting services with WWM's Financial Planning Services.

Wealth Planning and Management services are typically available to clients with at least $1,000,000 in liquid assets. For clients requiring more complex "family office" level wealth management, assets should typically be in excess of $20,000,000.

Financial Planning Services

 

Financial Planning is available as an integral part of WWM's Wealth Planning and Management services or as a stand-alone service. When engaged as a stand-alone service, a client may also separately engage WWM Investment Management and Consulting services but is under no obligation to do so. Fees for the separate services

will be independent of one another.

 

Financial Planning Services may include the following:

  • Assisting clients assess and define their goals, concerns, and priorities then designing a plan, integrating these items with their state of finances and risk tolerance 

  • Review of assets, debt, cash flow, net worth, projected earnings, and expenses 

  • Risk management including a review of ownership structures (trusts, LLC’s, LLP’s, family limited partnerships, corporations, etc.), insurance analysis (health, long-term care, life, disability, property and casualty, umbrella, business continuity, etc.), and consulting for concentrated stock positions, and closely held businesses 

  • Retirement income planning 

  • Education expense and investment planning 

  • Analysis of employee benefits provided by client's employer 

  • Design of employer benefits program for client business owners (under separate engagement) 

  • Estate planning advice