Financial Planning Services

Financial Planning Services – We Service Your Needs and Goals

Personal Concierge Services

Your financial planning goals are as unique as you are. When it comes to wealth management, it is wise to seek professional advice that will focus on your particular objectives.

Our team at NastGroup Financial will give you a range of options that are aligned with your goals. We will help you make informed and appropriate choices for a diversified investment portfolio. In addition we will provide you with our Personal Concierge Services:

• Client Introduction Meeting to qualify needs and goals.
• Checkpoint Discussions scheduled according to your needs – frequency, location, in-person, phone, Skype/iChat …
• Personal Money Map created for you according to your desired format to help you see and understand your investment portfolio on a single page.

Managed Accounts

How do our advisors earn their fee?

» Providing a platform to access well known money managers

As a practical matter, most money managers don’t allow individual investors to invest with them directly, unless they have a very large portfolio. However, a client can access institutional-level money management firms with a much lower minimum investment using an advisor as an intermediary to gain access to a managed account provider.

» Developing a risk profile questionnaire and setting asset allocation guides

A written investment program suited to the client’s risk tolerance, time horizon, and investment goals. Furthermore, this analysis is based on the client’s complete financial picture. Armed with this information, we are uniquely positioned to not only recommend investment strategies (including how specific vehicles are allocated), but wealth distribution strategies, and other important lifestyle concerns.

» Setting goals and making adjustments as necessary

We meet periodically with clients to discuss the progress being made toward investment objectives. If a life-changing event has occurred and our clients’ objectives have changed, our team will update his or her investment portfolio to help ensure that our client is still on track to meet his or her new goals.

» Monitoring money managers

Money manager research reports provide a quarterly score and commentary on the managers to help keep you abreast of developments and changes. In the event that a particular manager drifts from their designated investment discipline, or fall below our quality standards, we have the authority to remove that manager.

» Being a fee-based financial advisor

There are many benefits our clients enjoy in terms of advice, guidance, accountability, and helping them stay the course. According to an annual study by Dalbar, a Boston based financial services research firm, from 1986 – 2005, the “average equity investor” earned a modest 3.9% annually. That’s a half of a percent less than cash, and nowhere near the 11.9% that the S&P 500 earned annually for the same time period. It has often been suggested that the main reason for the disparity in returns is that investors, when left to their own devices, often make decisions based on emotion. This is a clear indication of how professional advice can help keep investor’ behavior from affecting the returns they actually earn.

A Fulfilling Retirement

Saving for retirement requires careful planning and systematic saving. Whether you’re just getting started with your retirement savings, seeking to rollover a 401(k) from a previous employer, or looking to supplement and diversify investments in an existing portfolio, NastGroup Financial  works closely with individuals to develop a strategy to help meet their unique retirement goals. Our team begins with a personal retirement plan portfolio review and will continue to work with you to put all the pieces in place for your retirement strategy.

Among other things, saving for retirement requires careful planning and systematic savings. Besides working toward the retirement you’ve always dreamed of, contributing to a retirement plan has benefits you can enjoy today such as helping to lower your tax bill and watching your earnings grow tax-deferred. Depending on what you choose, most retirement plans also offer great flexibility, so your contributions can be invested to help you meet personal objectives.

NastGroup Financial can also provide consultation and comparisons to help you establish the right group retirement plan for your company to achieve the following benefits for you and your employees:

• Tax benefits on employer contributions
• Helps attract and keep talented employees
• Assist employees in preparing for a secure fulfilling retirement

Having complete and current information about your retirement benefits is important — especially when you’re about to retire or change jobs. We look forward to working closely with you about which retirement plan makes the most sense for you.

• Traditional IRA
• Roth IRA
• 401(k) Retirement Plan Rollover
• Roth IRA Conversions

Long Term Care

Our team at NastGroup Financial will help you determine your potential long term care needs and how long your current assets might last.

You may eventually need long term care services to help you with your personal care needs. This kind of care involves what is called Activities of Daily Living (ADLs). This may include dressing, bathing, eating, walking assistance, transferring to the toilet, and many other aspects of support.

Some other long term care services called Instrumental Activities of Daily Living (IADLs) can include money management, meals, emergency response, housework, transportation, and administering medication.

Life & Protection

Life doesn’t always go the way we want it to go. Despite our best efforts, accidents happen and there’s nothing anyone can do about them except insure against them. NastGroup Financial offers a wide range of insurance options and can walk you through the different types to help you choose.

An important part of a sound financial plan includes life insurance. It provides a valuable death benefit to your beneficiaries upon your death. Your beneficiaries can then use this money to replace some of the income you would have earned to help pay off debts or other expenses.

Your financial security could affect your loved ones as much as or more than it affects you. Life insurance offers protection from life’s unforeseen risks, and the power to leverage assets so you can accomplish more.The type of insurance that is right for you depends on many factors, including your budget, the amount of coverage you need, and the length of time you’d like the coverage to last.

Many Life insurance policies have tax advantages and flexibility to help you meet your changing needs. I offer life insurance and financial protection products spanning traditional, term, universal, permanent life insurance, as well as individual and group financial protection products.

• Life Insurance
  Permanent Life: For individuals and business owners with long-term life insurance needs who have the cash flow to pay the annual premiums.
• Term Life
  For those with short-term life insurance needs (10 years or less) or those with a long-term need but whose budget won’t allow for higher premiums.

Basic Money Management

At every age and stage of your life, your financial needs are uniquely your own. Your financial health also goes beyond just long-term investments and savings. Wisely handling everyday finances can also play a role in achieving your long-term goals. NastGroup Financial can work with you to assess your risk tolerance and set up the processes & tools to assist to effectively manage your finances.

Some of the investment basics include:

• Understanding risk and volatility
• Your investment mix
• Cost containment

Saving for Education

You can never start saving for education too soon. Kevin can help you explore various options for college savings plans including a variety of 529 College Savings Plans, UGMA/UTMA’s, Coverdell Education Savings Accounts, and parents’ investment accounts.

Have you noticed how quickly the cost of college education is rising? Between work, soccer and band practice and everything you have on your plate, you may not have time to worry about it.

I can help you to cut through the confusion and help you to put a savings strategy and plan together to achieve your education savings objectives.

For starters, take a look at the different ways you can save for your child’s education:

• 529 Plans
  Save and invest on a tax-advantaged basis while funding future college and advanced
  degree expenses for a child or other beneficiary.
• Coverdell Education Savings Accounts
  Outstanding tool for individuals with income limits who want to set aside funds in
  a tax-advantaged manner for education expenses.
• Custodial Accounts (UGMA, UTMA)
  Ideal for investors who are interested to make a gift to a minor in the form of cash
  or securities.

We cater not only to the needs of individuals and families, but we also serve institutional customers, such as banks, pension funds, schools and municipalities, public companies and private companies.