Wealth management is about more than just your portfolio. It is a comprehensive process encompassing all aspects of your financial needs, including liquidity events, disability, or security in the event of death. We work with you to develop a customized financial plan reviewed annually, to ensure you are prepared regardless of what happens.
We build diversified portfolios using evidence-based methodologies that employ industry-leading, proven techniques. Our focus is to utilize factor-based investment strategies with a bias towards value and small cap. We avoid expensive and inconsistent strategies such as stock-picking, market-timing and sector rotation. Letting markets do what they do best – disseminating information into prices – allows us to focus on where we believe we have an advantage, namely how we design and manage portfolios, and how we integrate them into the wealth management process.
Risk Management is a natural part of life, and there are many risks that threaten your family’s well-being and financial security no matter how hard you have worked. Few of us want to think about death, disability, or other unforeseen events when they are creating a financial plan, but it is an essential part of planning. Sound planning includes procedures to identify, prepare for, and incorporate measures to mitigate risk, ensuring that you and your family are well protected.
Life insurance is coverage that pays out a benefit when a person dies. It can be used to protect a family from financial hardship, help a business stay on track, or offset taxes at death. It is an excellent tool to provide money when it is needed most.
Disability insurance is coverage that pays out an income benefit if a person is unable to work due to sickness or injury. It is important to ensure that there is a plan and available funds should a disability stop income coming in.
Critical illness insurance is coverage that pays out a lump sum benefit if you a diagnosed with a critical illness. There are many different conditions that can cause a critical illness policy to pay out to the beneficiary, and the three main ones are Cancer, Heart Disease, and Stroke. There are different types of coverage available to allow for your personal circumstances. This type of insurance is an excellent option to protect yourself from financial hardship if you are diagnosed with a critical illness.
Travel insurance is worth considering for significant or out of country travel. There are many options available to fit your particular needs and coverage purchased through an advisor can offer a substantial savings over the coverage offered elsewhere.
Group benefit plans are programs that are put in place by a company for the benefit of their employees. Typical coverage in a group plan includes life and disability insurance, health, dental and vision. Plan coverage can vary based upon costs, employee compensation package, and culture of the organization.
Health spending accounts are a way a company can help to offset the costs of healthcare for employees. A company would set up a HSA allowing employees to submit claims for eligible health expenses not covered elsewhere. Claims are deductible by the company and are reimbursed back to the employee. Plans can be customized to meet the needs of both the employer and employee. Create an HSA https://client.myhsaaccess.com/Home/CornerstoneFiduciaryWealthManagement .
As a business owner, you know that running a business is busy, complicated and can be a risky undertaking. Not only do you have to work “in” your business daily and drive revenues, but you also need to work “on” your business in a planning sense. Cash flow, financing, governance, and succession are all important aspects of running and owning a business.
We help owners to work on their business, developing plans and structures to meet their goals while minimizing pitfalls and risks along the way.
As a private company ourselves, we understand that every business is different and will require a personalized approach. You are building your business for you and your family’s financial security and that is why it is integral to any financial security plan.