COMPREHENSIVE FINANCIAL PLANNING … THE BIG PICTURE

What would you like to know about your total financial picture? When you are making financial decisions, it is important to look at the whole picture to be certain the strategies you employ will help you achieve success without creating complexities. Paul Lysan can help you develop a high quality financial plan, which will lay the foundation for building your financial independence. He is not only an investment advisor, but also a certified public accountant with expert knowledge of tax laws and accounting matters. He will also coordinate with attorneys or other professionals in your financial life.

The first step is to collect the information needed to analyze your present situation and your goals. Next, we will create and present a personal financial analysis to you and make recommendations for steps you can take to help improve or protect your financial situation.

But the analysis is the beginning, not the end of the process. Paul Lysan will strive to build a lifelong relationship with you, based on personalized advice and excellent service. He will meet with you regularly to review ongoing changes in your life and make adjustments to keep you on track.

Paul Lysan believes in a thorough and honest approach to managing your personal financial resources. His goal is to provide you with high quality advice and service as you plan for your financial future. He will work hard to help you make informed decisions, ensuring that your family’s needs are met, supporting your business continuity, and securing your financial independence in retirement. Paul’s advisory services can help you meet your goals: Objectivity and independence.

DEVELOPING A PLAN … A HOLISTIC APPROACH

Paul believes that sound financial planning occurs when an ongoing relationship is established that pays close attention to your personal considerations. Together, he will develop a long-term planning relationship that will help you achieve your financial objectives. His approach ensures that specific needs you choose to address are explored over the lifetime of the relationship. We also believe in a balanced approach to financial planning that allow you at the appropriate time to examine each aspect of your financial situation as it pertains to the following basic areas:

Accumulation – an analysis based on the estimated rate of return on investments and the estimated long-term inflation rate of the lump-sum or periodic dollar commitment necessary to meet stated financial goals.

Investment management, portfolio analysis and asset allocation – an analysis of appropriate investments, and appropriate adjustments to existing investments, based upon a description your primary investment objectives, risk/reward tolerance, time horizon, tax status, and other unique constraints or circumstances.

Proprietary software enhances our ability to recommend portfolio adjustments to help you meet your asset growth and preservation goals.

Income taxes – an analysis of your tax situation that is based on a general understanding of current tax laws. Are you positioning individual assets, deductions and exemptions to reduce your total tax burden?

Financial independence (Retirement) – an analysis of the lump -sum or periodic dollar commitment necessary to meet stated financial goals during retirement taking into consideration the Client’s assets and liabilities, projected social security, pension or other retirement benefits and desired level of income. This exercise matches your savings and investments to help you retire when you want, and enjoy a comfortable life after you stop working, and determine how much you can afford to spend after your retired without depleting your assets.

Estate planning – an analysis of estate settlement costs, which include taxation and administrative costs and an evaluation of estate reduction and tax payment techniques. It involves discussion of gifts, trusts, and estate planning documents to help point out areas that may have been overlooked such as outdated wills or he need to protect your estate from shrinkage due to probate costs and estate/death taxes. This will ensure that your wishes are carried out and your wealth is protected by a clear plan for distributing assets in the event of death.

Risk management – an analysis of the Client’s insurance needs and policy coverage, taking into account the Client’s accumulation goals, assets and liabilities, sources of income, income needs for the Client’s beneficiary upon death or disability, and possible requirement for long-term health care. This helps address a number of important questions to make sure you’re covered against potential threats to your resources and personal commitments.

THE BENEFITS OF FINANCIAL PLANNING

Financial planning is more than numbers. It’s a matter of understanding your lives today and your aspirations for the future. With the assistance of a competent financial advisor, you will need to explore three fundamental questions:

• Where are you at now? – Financial planning gives you a coordinated, comprehensive picture of where you are now.
• Where are you going? – Financial planning can help sort through complicated financial issues to help you prioritize your objectives for the future and determine the likelihood of achieving your goals.
• How can you get there? – Financial planning can help you develop a high quality financial plan, which will lay the foundation for building your long-term financial independence, maximize your resources, better personal control over your financial affairs, and peace of mind from professional advice.