wealth MGMT

Wealth Management Goals and Objectives

Dimensions of Wealth Management

Wealth Management

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Introduction:
Financial Goals & Objectives

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Cash Flow Budgeting
Debt Management
Retirement Planning
Tax Planning
College Funding
Risk Management
Estate Planning

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Financial Planning

Course Goals

How much time do we invest researching…

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a notebook computer a new car a spring break trip our long-term financial security

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Simplify the wealth management process
Develop a long-term investment game plan
Take active control of your financial health
Gain confidence that you are making wise decisions
Identify (and avoid) common investment pitfalls

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Roadmap
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Roadmap
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Getting Started
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Personal goals & objectives
Choosing a sound financial lifestyle
How much do you need to retire?

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Asset classes and performance
Impact of diversification
Asset allocation
Mutual funds

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401(k), 403(b)
IRAs

Saving for College
Wealth Protection
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© 2014, Todd Houge

Taxation and Tax Strategies
Retirement Savings Plans
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Creating a portfolio
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Risk Management & Insurance
Estate Protection

Investment Psychology and Behavioral Finance
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Wealth Management Goals and Objectives

Primary Objective

Wealth Management Objectives

What is the primary objective of wealth management?

Needs, Goals, and Dreams

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Life Stages
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Early Adult (e.g., college grads to late 20’s)

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Early Adult (early/late 20s)
What are the primary concerns or objectives?

Early Family (e.g., planning for family)

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Retirement

Maximize cash flow, control spending
Financial education (insurance, retirement plans, etc.)
Save for purchase of home

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Pay down debt (student loans, credit cards)

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Pre-retirement

Creating a sound financial plan

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