At KT Wealth Management, we understand that financial planning is not just about managing money; it’s about creating a roadmap to your dreams. Our holistic approach encompasses various aspects of your financial life to ensure a customized strategy that aligns with your aspirations and values. We offer tailored financial planning services designed to meet your unique needs, with pricing ranging from $2,000 to $10,000 depending on the complexity of planning outlines and case studies of clients that would fall in the low end of the range, middle, and high end.
Emily and David ages 30 & 32 are married, Mid-level professionals with 8-10 years of experience with combined incomes of $300,000.
Life Stage is that they are planning to buy a home and have kids in the next 3 years. Financial goals are to balance saving for down payment on a house while paying down student loan debt, building an emergency fund and start investing for retirement.
How we can help:
Budgeting and Cash Flow Management: Help Emily and David create a realistic budget that balances debt repayment, saving for a down payment and investing.
Investment Planning: Educate them on investment options, Advise on appropriate 401k contribution % and fund allocation.
Insurance and Protection: Ensure they have the right insurance coverage for health, income, and potential future needs.
Emily and David would likely pay a $2,000 planning fee.
Michael Roberts is 45 making $500,000. He is the Owner of a Manufacturing Company, an established business with steady growth for 15 years is married with 2 children. Financial goals are to find a balance between reinvesting in business growth, saving for children’s college education and planning for retirement.
How we can help:
Comprehensive Financial Planning: Provide a holistic view of personal and business finances to ensure they are aligned and optimized.
Education Funding: Assist in setting up and managing college savings plans for children.
Investment Strategy: Develop a diversified investment portfolio that balances business reinvestment with personal wealth growth.
Retirement Planning: Set up and manage retirement plans, ensuring a secure financial future.
Succession and Exit Planning: Develop strategies for business succession or exit, ensuring a smooth transition and maximum value realization.
Tax Planning: Implement tax-efficient strategies to minimize liabilities and maximize savings for both personal and business finances.
Risk Management: Recommend appropriate insurance policies to protect business and personal assets.
Michael would likely pay a $6,000 planning fee.
Elizabeth Harris 62, is a retiring CEO of a Family-Owned Manufacturing Company. Elizabeth is married with 3 adult children and has a net worth of $25 million. Her financial goals are:
To secure a comfortable and financially stable retirement.
Transition the business smoothly, pass the torch to family members through a sale.
Maximize and preserve wealth for future generations.
Establish and fund philanthropic initiatives
How we can help:
Comprehensive Retirement Planning: Develop a strategy to ensure a secure and comfortable retirement, including income planning and lifestyle considerations.
Business Transition and Succession Planning: Advise on the sale or transfer of the business, ensuring maximum value and a smooth transition.
Wealth Management: Create a diversified investment portfolio tailored to preserving and growing wealth while minimizing risks.
Tax Optimization: Implement advanced tax strategies to minimize liabilities and maximize savings.
Estate Planning: Assist with estate planning, including setting up trusts, wills, and other tools to efficiently transfer wealth and minimize estate taxes.
Philanthropic Planning: Help establish and manage charitable foundations and trusts to support philanthropic goals.
Family Financial Planning: Provide financial education and planning for children and grandchildren to ensure they are well-prepared to manage inherited wealth.
Elizabeth would likely pay a $10,000 planning fee.
Whether you’re just starting your financial journey or seeking to enhance your existing plan, our team is committed to providing you with the guidance, expertise, and personalized solutions you need to achieve your goals. Contact us today to embark on your path to financial success.
