Areas of Practice
Investment Management
At RidgePoint Wealth Advisors LLC we take an academic approach to investing. We believe in the efficiency of capital markets and that asset allocation is the main driver of portfolio returns, not individual investments or market timing. Therefore, we construct portfolios utilizing passive mutual funds and exchange traded funds (ETFs) to keep investment costs low, maximize diversification, and reduce risk. With this strategy trading should be infrequent, but portfolio rebalancing regular. The tax implications of trading and investment location should be considered when working with taxable accounts. We believe in building long-term wealth not chasing investment fads or “hot” stock picks.
Retirement Planning
When can I retire? How do I transition from a paycheck as an employee to utilizing my portfolio for retirement living expenses? Have I saved enough?
Through our planning process we can help you answer these and other important questions. Planning for retirement doesn’t just start when you are nearing retirement. Years before your retirement we will work with you to create a strong financial plan that will provide you with peace of mind throughout your pre and post-retirement years.
Tax Planning
Taxes are an important part of every financial plan. We work with clients to take advantage of appropriate tax-deferred accounts. Our portfolios are invested in tax-efficient securities, minimizing capital gains distributions. When a market correction occurs, we “harvest” investment losses to offset future capital gains and income. Analysis of a client’s tax situation can often times provide great opportunities for savings.
Estate Planning
We will review your existing estate planning documents or recommend that you speak with an attorney to obtain them. Many assets can be passed on to heirs directly, outside of your will and the probate process. We will assist you in reviewing beneficiary designations of retirement accounts and insurance policies and look at asset titling to ensure your bequests go where they are intended.
Education Planning
We will work with you to establish a savings plan for private school, college and graduate school without having to sacrifice your retirement savings. We will assist you in finding the right account type for savings and the appropriate investment asset allocation. As the saying goes; you can borrow for college, but you can’t borrow for retirement.
Please Note: The scope of any financial planning and consulting services to be provided depends upon the specific requests and needs of the client. RidgePoint Wealth Advisors LLC does not serve as an attorney, accountant, or insurance agent. RidgePoint Wealth Advisors LLC does not prepare legal documents or tax returns, nor does it sell insurance products.