Comprehensive wealth planning and management
Our Focused Wealth™ Process: building and managing your wealth
to pursue your life's goals
Successful wealth management involves a great deal more than growing your investments or planning your estate. At Zeller Kern, wealth management means defining your goals, creating a plan to pursue them, implementing the plan, and managing the results: our Focused Wealth™ Process. Here’s how it works:
Step 1. Discover your purpose
What are your values, vision, mission, goals and dreams? What do you want your wealth to accomplish – for yourself, your family and your community? We help you define, clarify and understand your purpose. We create a written Purpose Statement that serves as a benchmark for the rest of the process.
Step 2. Develop your comprehensive wealth plan
Your wealth advisers now develop the strategies, tactics and tools to address the objectives set forth in your Purpose Statement. Depending on your requirements, our comprehensive wealth planning can include some or all of the following:
Goals / lifestyle assessment and clarity
Income and cash flow analysis and asset redemption strategies
Retirement asset analysis
Business succession / exit strategies
Primary and advanced estate planning
Tax planning
Asset protection / risk management planning
Investment planning
Stock option planning
Education funding
Timing and implementation
When appropriate, we bring other professionals such as your CPA, tax attorney, estate attorney, into the wealth planning process. See Integrated Adviser Service.
Step 3. Implement your wealth plan
At this stage, we establish investment accounts, portfolios and investment policy statements, implement legacy and estate planning, tax planning, and business exit/succession strategies. We consider the timing of important life changes such as retirement dates, the sale of your business, geographic relocation, etc. When appropriate, we coordinate with the rest of your legal and financial team to implement the plan.
Step 4. Manage and refine your wealth plan
This is a critical part of the process – and where most wealth plans fail. When conditions change, we update your plan to address the goals of your Purpose Statement. We monitor the results regularly and communicate with you frequently. Formal communication includes quarterly statements and an annual wealth management review.
