FINANCIAL PLANNING | Overview
Comprehensive Financial Planning
Partner with a Professional
Working with us can help you pursue your goals. Together, we’ll go through a comprehensive process for managing your financial life and creating a long-term plan customized to your needs. The process starts by examining the wealth strategies universe and its modules:
Create a Comprehensive Plan
By exploring each module in detail, we’ll determine which ones require our immediate attention and which ones are more long-term in nature. From our findings, we’ll assemble an implementation plan for your financial future.
Support your Financial Goals
Working together with us helps simplify the complexities of your financial life by focusing on managing your wealth in a systematic way for the long term.
Real financial planning addresses all aspects at the intersection of your life and your money, and a good financial advisor can make all the difference. At the heart of the plan lies your investments. This likely comes from your life savings and/or your retirement assets. Maybe it's a rollover 401k or maybe it is an inheritance you received. Regardless where the assets came from, you hope to achieve something with these investments. Maybe your goal is a comfortable retirement. Or maybe it's for a safety net in case times get tough. Maybe you are not quite sure and just want to grow it. This is where we come in. A financial advisor at One Bridge designs a financial plan to help you achieve your goals. We will help you ask the right questions so we can design a plan just for you. It's never too late or too early to begin the financial planning process.
Our approach is comprehensive and customized just for you. First, we get to know you. Then, we ask some pointed questions. How much do you need to live on? How much in assets do you currently have? What are your goals? How much risk are you comfortable with? Etcetera. After getting to know you and your financial situation, we then develop a plan to invest your assets so we can try to meet your goals while staying within your risk and time horizon parameters. From there, we execute the plan on an ongoing basis so that we are doing whatever we can to help optimize your returns and help minimize your risk. What is the plan for a market downturn? We make sure that you have one so that we help minimize the chance that a steep downturn in the market blindsides you and affects your lifestyle. How can we efficiently draw a monthly income for your retirement while keeping taxes to a minimum? How can we maximize your investments for your kids' or grandkids' college tuitions? How can we make sure your loved ones will be taken care of if you suddenly passed or if you became disabled? How can we create a plan to try a fix potential problems before they become real problems? Real financial planning does just that. At One Bridge, we strive to exceed your expectations of a financial advisor.
Many investors do not optimize the tax-efficiency of their combined portfolios because either they don't know how, or it is too time consuming. A financial advisor here at One Bridge can help you increase your tax-efficiency, which can help increase your overall return via multiple ways. Different accounts are taxed differently and where investments are located and withdrawn is important. Traditional IRAs are taxed at your income tax rate when you withdraw form the account. Roth IRAs can be withdrawn tax-free and any growth is also tax-free. Taxable accounts are taxed at your capital gains rate when gains are realized. The capital gains on your taxable accounts can be anywhere from 0%-23.8%, depending on your taxable income. Therefore, it is important to look for ways to reduce your taxable income in years you might want to realize gains. Tax-loss harvesting is another tax-efficiency tool that we use here at One Bridge.
One Bridge can help you understand what it will take to accomplish your financial objectives. Often it takes careful, year-round planning to take advantage of the planning tools available to help optimize your portfolio while pursuing your goals. Again, we try to fix problems before they become problems and to exceed your expectations of a financial advisor. So, when your're looking for financial planners of Missouri, look no further than One Bridge Wealth Management.