What We Do: True Wealth Management

We believe financial security is achieved through experienced investment management, personalized comprehensive financial advice, and customized financial solutions. True Wealth Management leverages the power of investment management and comprehensive financial planning performed by experts who specialize in your individual needs.

Our true wealth management solutions are tailored to meet the specific requirements of individuals, multigenerational families, businesses, and institutions with complex planning needs. These solutions are delivered in close consultation with clients and their professional advisors through a fully accountable, single point of contact… HWC Financial.

As an independent Registered Investment Advisor (RIA), HWC Financial provides our wealth management clients with:

A Portfolio Built for You

Investment management begins with understanding that your situation and objectives are unique. We offer a customized approach to the planning, selection, and management of your investments. Whether your investment management goals include growing your assets, preserving your capital, and/or creating investment income, we will work with you to create the right strategies to reach your goals.

An important part of our philosophy and process begins with understanding your current investments, and that they meet your current and future goals. Our approach to investment advisory negotiates the complexities each investor must make between risk, return, tax efficiency, time horizon, cash needs, and the personal circumstances that are specific to each client. Together, we help you develop an investment strategy that is based on your investment goals and risk tolerance. Then we deliver a comprehensive, integrated portfolio constructed in accordance with appropriate asset allocation, portfolio diversification, and professional management within the uniqueness of HWC Financial’s investment platform.

HWC Financial helps you to:

  • Compile your total net worth.
  • Develop an investment policy.
  • Identify your investment assets.
  • Develop objectives for your investment portfolio.
  • Evaluate and select investment options based on your risk profile, suitability, and objectives.
  • Implement investment plans and recommendations.
  • Manage taxes and other expenses.
  • Assess the ongoing performance of your portfolio against your objectives.

HWC Financial works with you to objectively assess your financial situation, discuss your objectives, and create a comprehensive personal financial plan that works for you. Through focused discussions, we gain information that enables us to make recommendations that reflect your concerns, financial goals, and personal values.

We strive to unify the disconnect that often exists between your investment advisor and your tax planner. We bring together these two elements, and others, to ensure that your tax liability is minimized. Our holistic approach to your tax situation empowers our specialists to analyze, identify, and implement the best tax plan for your portfolio.

The ability to integrate year-long financial planning, portfolio management and tax preparation allows our tax professionals, both CPA and EA, to seamlessly integrate and effectively leverage the many aspects of your financial affairs. By having all of your important tax information in one place, we are able to make a comprehensive assessment of your taxes and execute a personalized strategy that is most beneficial for you, your family, and your business.

Our Retirement Planning services begin with a comprehensive analysis of your income, accumulated assets, retirement plans, pension, and social security benefits. We approach the question of retirement from two viewpoints:

  • What resources are available to provide retirement income to last your lifetime?
  • What lifestyle do you want to maintain?

We help clients define their retirement lifestyle and retirement goals. Some common questions and concerns are:

  • What do you want to do in retirement?
  • How much will it cost?
  • Where do you want to live?
  • Will your expenses increase or decrease?

Risk management is about balancing risk and reward. Making prudent and responsible decisions is a critical part of financial planning and the overall wealth management process. Some risks are more difficult to mitigate than others, so insurance can be a very useful tool.

We help clients understand the complexities of their current policies and evaluate whether they are adequately protected so the risks are mitigated. Our goal is to make sure you have suitable levels and types of coverage in place.

To assist you in insurance planning, we:

  • Assess your current insurance coverage 
    We conduct an extensive review of your existing policies, interpreting complicated policy language to clarify benefits, features, and schedules. We identify employer-provided benefits and examine beneficiary designations to ensure they are up to date.
  • Analyze your life, disability, and long term care requirements
    We analyze your requirements now and in the foreseeable future, to determine whether current levels of coverage are adequate.
  • Examine property and liability insurance coverage
    We examine and assess whether existing policies appropriately address your risks.
  • Review policy limits 
    We review and compare them to your assets, to identify any coverage gaps and ascertain whether an umbrella policy is appropriate.
  • Recommend changes to existing coverage and policy structures 
    We may suggest that certain policies be surrendered, exchanged, or extended, depending upon your needs.
  • Evaluate proposals for additional insurance 
    Our evaluation is based on product type, principal features, and cost vs. benefit.

Estate Planning

HWC Financial can help you negotiate a broad range of issues, meet the special needs of individual family members, and transfer assets to your family and your chosen charities. We use strategies designed to minimize the impact of taxes and market risks in the near and long-term.

We can help you address a broad range of issues with:

  • Tax Minimization Strategies
  • Maximizing Assets passed along to heirs and charities
  • Living Wills
  • Trusts
  • Gifting Strategies
  • Life Insurance and Trust Strategies

Charitable Giving

A strategic approach to philanthropy allows you to support causes you care about while reducing taxes and executing your overall estate plan. Working closely with your other professionals, we will help you select and implement the charitable giving strategies that best meet your needs. Whether you wish to donate funds, real estate or complex assets, we can help to optimize the benefits to the organizations of your choice—and on your estate.

Your child’s college tuition may be one of the largest expenditures you encounter. With education costs rising at a rate well above inflation, it is important to plan ahead and develop a strategy that’s right for you.

We help clients assess how much they need to save and the appropriate investment vehicles to meet their particular needs and long-term goals (such as 529 plans and custodial accounts). HWC Financial works with you to develop the right strategy to help your children or grandchildren obtain the education that they need.

Invest in Your Business’s Essential Assets

Whether you are self-employed or are looking to set up a competitive 401k plan for your employees, HWC Financial can help you find an affordable, yet service rich, retirement plan that satisfies all employees, is tailored to the needs of your company and meets all regulatory obligations.