What Is Integrated Planning
Financial services have traditionally been provided in a disjointed way without a comprehensive action plan. The ultimate goal of a financial plan should be a unified set of actions—providing confidence that the goals will be met.
Frustrated by what they saw as a disconnected profession Jason & Sonia Vitucci set out to build their practice through a truly integrated perspective—combing tax services with financial planning implementation.
Through a team approach, they have achieved a specialty in helping pre-retirees, the newly retired, busy executives, & business owners structure their net worth to minimize taxes, volatility, & risk—giving clients the confidence to make the best financial decision in front of them.
FINANCIAL PLANNING
Being independent business owners allows us to put the process of financial planning first. Our practice uses a checklist-driven process to address 8 Wealth Issues we believe you will face throughout the course of your financial life.
- Fiscal Fitness & Organization
- Investment Strategies
- Estate & Legacy Goals
- Business & Succession Issues
- Retirement Planning & Feasibility
- Tax Efficiency
- Insurance & Risk Management
- Executive Compensation Plans
NET WORTH STRUCTURE
Your financial plan becomes the blueprint to design the structure of your net worth-- Being intentional with investment structure adds a different kind of diversification. The conclusions & action items we form in your plan are about so much more than the risk tolerance of your investments. Beyond investment asset allocation, consideration is given to tax treatment, insurance benefits, and other financial considerations as they relate to you.
Your Goals-Based Investment Plan will include consideration for:
- Advanced Diversification
- Tax-Aware investments to minimize Taxable Impact
- Endowment-style portfolio design to provide consistency & dampen volatility
- Tax-Aware investments to minimize Taxable Impact
- Converting Retirement Savings to Lasting Income
- Efficient transfer of wealth across generations
TAX PLANNING
We plan on delivering true tax planning to our clients. Rather than thinking of taxes as a problem; we can help you use the tax code to your advantage with ongoing planning. We do offer services to prepare your tax return, however many of our clients simply leverage the experience of tax team to stay ahead of the ever-changing tax landscape as it applies to their situation.
We believe that the need for tax planning will only grow more serious as government budget deficits expand and promises under entitlement programs swell. Proper tax planning could reduce your expenses in retirement by potentially limiting the cost of taxation—because it is not ONLY about the size of your nest egg but also about how you crack it open.
- Tax-Aware Investing
- Planning for access to tax-deferred retirement accounts
- Potential for prolonging the use of tax shelters through Roth conversion planning
- Discussing the use of business entities to minimize liability exposure and allow earned income to flow efficiently.
ESTATE CONSIDERATIONS
Your intentions when you are no longer here are important. While money alone does not create a legacy, the opportunity provided through wealth can change generations.
Once our clients feel confident about the feasibility of their retirement, we lead them through the discussion of their estate intensions. We are happy to have a private discussion; or open it up to a family meeting if desired.
It is so important that everyone has estate documents in place: a will, trust, powers of attorney for finance & healthcare—so that your assets can be tended to at your passing or incapacity & someone can make decisions in your stead. We help clients with a thorough review of the titling of their assets & beneficiary designations. These have major implications if not aligned with the estate documents you have drawn up.
Proper estate planning may also include:
- Efficient transfer of wealth to family or charity at your passing
- Minimizing Income or estate taxes for heirs
- Creating legacy assets for specific family financial goals.
- Choosing a successor trustee or executor to carry out your intensions.