Saturday, August 19, 2017

The Importance of a Personalized Retirement Planning Approach


Allegis Wealth Advisors provides marketing and management solutions that enable wealth and risk advisors to reach clients and generate robust portfolio returns. Experienced Allegis Wealth Advisors team members assist representatives in developing focused seminars and high-quality referrals that provide a low-cost pathway to building a client base.

Emphasizing a “one roof” approach, the firm employs a leading-edge compensation model in providing a full range of financial products and services. One area of extensive knowledge is retirement planning, which requires a careful weighing of client objectives and timeframe with current market dynamics.

One common flaw when designing a retirement portfolio is to look at “averages” and not the individual whose assets are being managed. Relying on average baseline scenarios can result in lumping together a number of factors that, taken separately, point to an individual whose changing circumstances are unlikely to mirror the average retiree.

The successful financial advisor takes time to discuss the impacts of life choices with clients as they change over time and the odds that a specific decision will have a positive or negative impact on retirement savings. This active weighing of risks and returns enables a more accurate calibration of portfolio allocation in ways that match client expectations. Allegis Investment Advisors offers custom strategic solutions that emphasize a team approach to weighing options and ensuring that clients are satisfied in the long term with the financial decisions they make.

Friday, August 11, 2017

Information Required for a Personal Needs Analysis


Providing advisory services through Allegis Investment Advisors, Allegis Wealth Advisors seeks to educate investors and inspire them to take action. Allegis Wealth Advisors offers a wide array of services, including retirement planning and personal needs analysis.

Investors are often asked to supply information regarding their objectives, current financial situations, and personal needs in order to complete the personal needs analysis associated with retirement planning. The information typically required includes:

1. Personal information, such as contact information, marital status, and dependents.

2. Employment information, like company name and address and commencement date.

3. Income information, including annual salary, bonus and commissions, income from interest, rentals and dividends, and social security benefits. 

4. Household expenses like utilities, food, insurance, car and mortgage payments, health care costs, entertainment, and any additional planned expenses.

5. Assets, including your residence, cars, jewelry, artwork, savings, annuities, mutual funds, etc.

6. Liabilities, such as a mortgage, investment properties, credit cards, and personal loans.