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Services Offered
Comprehensive
Financial Planning
Available to clients with a minimum annual fee of $6,000
per year.
Comprehensive planning clients will work with a
Certified Financial PlannerTM. They will receive the following services:
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Net Worth
Statement and Cash Flow Projection
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Investments:
Written Investment Policy Statement, Investment
Strategy, Implementation of the Portfolio, &
Quarterly Performance Reports
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Annual Income Tax
Planning
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Written Summary of
Estate Planning Documents
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Comprehensive
Insurance Review (life, disability, long-term care
and property/casualty)
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Company/Employee
Benefit Review and Analysis
- It usually takes
6-8 meetings over a 1-2 year time frame to implement
all of the above. Once implemented, going forward a
client would have 2-3 face-to-face meetings per
year.
Details on how the planning process works
Retirement Planning
Available to clients with a minimum annual fee of $3,000
per year.
Retirement planning clients will work with a Certified
Financial PlannerTM. They will
receive the following services:
-
Net Worth
Statement and Cash Flow Projection
-
Investments:
Written Investment Policy Statement, Investment
Strategy, Implementation of the Portfolio, &
Quarterly Performance Reports
- 1-2 face-to-face
meetings per year
Investment
Advisory Services
Available to clients with a minimum annual fee of $1,000
per year.
Investment advisory clients will work with an investment
advisor of the firm. They will receive the following
services:
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Written Investment Policy Statement
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Investment
Strategy
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Implementation of the Portfolio
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Quarterly Performance Report
Details on how the
investment advisory process works
Hourly Planning
Services
One
time financial planning needs can be addressed through
hourly planning. Commonly requested topics and an
estimate of hours are listed below.
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Retirement
Planning
9-15 hours
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Tax
Planning
2-6 hours
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Investment
Advice
2-6 hours
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Insurance Review
2-8 hours
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Employee Benefit
Review and Analysis 2-8 hours
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Real Estate
Transaction Analysis
2-8 hours
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Debt
Analysis
2-8 hours
Hourly Rate: $120 per hour
Hourly Planning
Process
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Hourly planning
begins with an initial phone conversation to gain a
better understanding of the services needed and
provide an estimate of fees.
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WMS will then send
a written service agreement.
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The client must
return the agreement and provide all requested
documentation via fax, e-mail, or mail.
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All documents are
reviewed and a plan of action is developed.
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A face-to-face
strategy appointment is then set. At this
appointment the analysis is reviewed and
recommendations are given.
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If needed,
additional assistance can be provided to help
implement the recommendations.
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