Attorneys
Focusing On You:
As an attorney, your time is valuable. The Financial Services for Legal Professionals Division can work with you put a strategic financial plan in place that helps you meet your unique needs and future goals, address personal financial issues, or to manage intricate compensation packages. Whether you need financial planning assistance for your practice, your personal finances, or both, our advisors are well versed in the challenges and opportunities available to legal professionals. Benefit from a financial advisor who understands the risks and rewards of your profession and can provide sophisticated, convenient financial services to help you meet your life’s goals. We focus on educating you through the various life stages of your career and matching those stages with appropriate financial strategies.
Contact us today for a complimentary, no obligation consultation.
Your Life Stages:
The Early Years
(0 - 3 Years)
Graduation
Key Financial Concerns:
- Finding a job
- Student loans coming due
- Where to live and who to live with
First Job:
Key Financial Concerns:
- Student loans
- Income protection
- Understanding employer benefits
- Budgeting and saving
- Billable hours
- Liability protection
- Building emergency reserves
- Establishing short/mid goals
Mid-Career Years
(3 - 10 Years)
Climbing the Career Ladder:
Key Financial Concerns:
- Employer benefits
- Student loans
- Home ownership
- Starting a family
- Increase income protection
- Creating a will
- Asset protection
- Public service or go private
- Large firm vs. small firm
- Vacations/traveling
- Start retirement strategies
Work/Life Balance:
Key Financial Concerns:
- Daycare costs
- Student loans
- Retirement
- Asset protection
- Income protection
- Monitoring asset allocation of investments
- College for kids
- Aging parents
- Vacations/traveling
- Wedding costs
- Home ownership
Twilight Years
(10 - 30+ Years)
Branch Out or Stay with Firm:
Key Financial Concerns:
- Maximizing savings
- Malpractice coverage
- Partnership buy-in
- Group benefits
- Buy in/out provisions for partners
- Paying staff
- Partnership agreements
- Practice overhead protection
- Healthcare benefits
- Income continuity
Work or Retire:
Key Financial Concerns:
- Running out of money
- Long-term care needs
- Asset depletion
- Succession planning
- Business valuation
- Adjusting investment allocations
- Medical care costs
- College cost for kids
- Asset transference
- Estate planning strategies
- Legacy giving strategies
Our Process
Separate from the financial plan and our role as financial planner, we may recommend the purchase of specific investment or insurance products or accounts. These product recommendations are not part of the financial plan and you are under no obligation to follow them.
Financial Advisors do not provide specific tax/legal advice and this information should not be considered as such. You should always consult your tax/legal advisor regarding your own specific tax/legal situation.
