Our Services

Our goal is to serve as a personal Advisor by assessing our clients’ needs and implementing strategies to ensure adequate completion of the objectives.  We focus on each client by creating a financial plan which is unique to their individual lifestyle.

Financial Planning Process

  • An initial meeting with the client to introduce our services and to discuss their goals
  • Gather client data
  • Analyze and evaluate the client’s financial status
  • Develop and present financial planning assessment and recommendations
  • Implement the financial planning recommendations
  • Mutually agree on an Action Plan and then provide ongoing monitoring and reviews

 

Components of the Financial Plan

Cash Flow and Income Tax Planning

  • Client completes a Monthly Cash Flow Statement
  • We then present a Cash Flow Analysis, which outlines the monthly shortfall or surplus
  • Recommend efficient investment programs, and either debt liquidation or automatic savings to balance the client’s budget
  • Evaluate two years’ tax returns and discuss upcoming financial transactions
  • Identify opportunities to minimize tax and if appropriate recommend tax sensitive investing

 

Retirement Planning

  • Present complete analysis of the client’s existing retirement savings program
  • Obtain client’s desired retirement age and known sources of retirement income (Social Security, Pension, etc.)
  • Identify assets earmarked for retirement and on-goin­g retirement savings, projecting a future value of funds that will be available to assist with retirement income
  • Provide detailed retirement planning projections using Monte Carlo simulation software
  • Add alternatives to existing plan that may help increase the probability of a successful outcome
  • Monitor and update plan to ensure it remains sustainable

 

Estate Planning

  • Examine current estate planning documents
  • Review the client’s objectives and recommend appropriate estate planning documents that are not in place or are out-of-date
  • Review guardianship directives if minors are involved
  • Establish appropriate trusts, titling assets to trusts as needed
  • Institute an efficient transfer of assets to heirs and incorporate tax planning for large estates where appropriate

 

Insurance Planning

MAG is licensed in life, disability, long term care, and health insurance, yet has no captive relationship with preferred companies/providers.

  • Provide a comprehensive risk management review to ensure that insurance needs are evaluated and shortfalls noted
  • If necessary, engage local brokerage companies who are specialists and are fit for our clients’ needs
  • Make recommendations or provide alternative solutions to risk management deficiencies

 

Detailed Investment Advisory Process

MAG’s investment advisory objective is to provide a well-balanced diversified portfolio.  Portfolios normally will consist of a combination of exchange traded funds (ETF’s), mutual funds, individual stocks and bonds, and alternative investments.  Each client’s goals, risk tolerance, time horizon and personal tax circumstances are taken into account, to provide a personalized investment plan. 

 

Step 1: Comprehensive Financial Plan

  • Review financial goals in areas including, but not limited to:
    • Retirement
    • Education
    • Vacation or New Home
    • Estate Conservation
    • Wealth Maximization
  • Make specific recommendations to meet goals
  • Assess the level of risk the investor is willing to take based on a Risk Tolerance Questionnaire
  • Combine the results of the risk tolerance test, discussions with the client and the results of their financial plan to develop an appropriate investment portfolio

 

Step 2: Investment Plan Presentation

  • Address the investor’s unique objectives
  • Review historical risk and return of asset classes
  • Educate the client on investment alternatives, risk, tax implications, etc.
  • Create an Investment Policy Statement (IPS) that:
    • Reflects the client’s goals and objectives
    • Provides a benchmark for matching expectations
    • Meets fiduciary responsibility between the advisor and client
    • Addresses prudent guidelines and/or ERISA requirements
    • Explains client’s wants and needs vs. portfolio risk
    • Reinforces the education process
    • Explains what the client will receive and when

 

Step 3: Client Follow-Up Meetings

  • Review current Asset Allocation vs. their target and if necessary, make changes
  • Review and explain performance (quarterly, year-to-date, since inception)
  • Contrast actual expectations with the Investment Policy Statement
  • Review applicable action items and update financial plan where necessary

 

Step 4: Investment Methodology

Taxable or Non-Taxable Accounts

  • Address low cost basis holdings of client’s current assets
  • Consider tax-sensitive investing for taxable accounts and tax loss analysis where warranted
  • Discuss sentimental holdings

 

Selection of Portfolio and Investments

  • Asset Allocation/Diversification
  • Select specific percentages devoted to stock, bond, cash, and alternatives
  • Refine the asset classes and investment styles (e.g. small cap vs. large cap, growth vs. value)
  • Recognize tax sensitivity (potential capital gains, exposure, large concentrated holdings, turnover, past experience)
  • Understand the risk and return tradeoff of individual holdings but more importantly the portfolio as a whole
  • Track the operations (consistency in the market environments, institutional costs, relative performance to similar managers)
  • Create the portfolio
  • Rebalance as needed to maintain risk level and asset allocation
  • Make changes where warranted to investments/managers

 

 

 

 

Past performance may not be indicative of future results.  Therefore, no current or prospective client should assume that the future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended and/or purchased by adviser), or product made reference to directly or indirectly on this Website, or indirectly via link to any unaffiliated third-party Website, will be profitable or equal to corresponding indicated performance levels.

Different types of investment involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client’s investment portfolio.  No client or prospective client should assume that any information presented and/or made available on this Website serves as the receipt of, or a substitute for, personalized individual advice from the adviser or any other investment professional.

Historical performance results for investment indexes and/or categories generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment-management fee, the incurrence of which would have [the] effect of decreasing historical performance results.