Comprehensive Planning for Individuals

Making the right decisions along life’s journey can be challenging without clearly defined steps you plan to take to reach your goals. You need a plan, to help guide the way. Your plan should be custom-tailored to you – based on your financial situation, your time horizon, your tax bracket, your liquidity needs and your tolerance for risk. And by using a disciplined and comprehensive planning process, you can better integrate your financial decisions with your long-term goals.

At David White & Associates, we will help you build a strategic financial program designed to help you reach your goals. We review your entire portfolio and  work with your other financial advisors, your estate and tax planning professionals, to develop a comprehensive plan that meets your needs.

Data Gathering

In our initial meeting, we will focus on gathering financial information, reviewing your situation, establishing your risk tolerance and time horizon, and setting goals to build your roadmap. We listen carefully to all your input and concerns, and make sure we understand your situation and goals. All your information remains confidential.

After a thorough analysis of your situation and goals, we will meet again and review your Financial Plan. Depending on your situation, this may involve comprehensive input from your other advisors – attorneys, accountants, trust professionals and/or bankers. During this review, we will demonstrate how we organize all the elements of your financial plan.

Implementation

If you don't have help implementing the strategies of your plan, the plan won't work. We help you take the next steps and put your plan into action. We begin by prioritizing each recommendation based on your goals and objectives, establishing a realistic timeline to complete these transitions. At all points along the way, you are highly involved in the planning process, and we give you the tools and advice you need to take the actions that will help you on your way to achieving your financial goals.

Plan Review

We hold quarterly, semiannual or annual checkpoints as needed. In these review sessions, we use your financial plan as the framework for our review to make sure your plan remains on track. We will make adjustments as necessary, based on your evolving needs and personal situation.

Planning For Businesses

We provide services for small business owners and self-employed individuals including cash flow management, qualified retirement plans, and succession and estate planning.

Succession Planning

We can help you plan to make sure your business continues once you step aside, help you provide an income for your retirement, as well as your spouse's, and help you minimize the tax liability on the transfer.

Retirement Plans

As an independent company, our team of experts can analyze your situation and help you design and select the best retirement plan for your company. We can help you set up and administer qualified retirement plans, such as SIMPLE and SEP IRA plans, as well as 401(k) and profit sharing plans. Once the plan is set up, we can help you plan for appropriate investment alternatives for the plan.

A well-designed company retirement plan can help you reduce costs, provide contribution flexibility, provide more accumulation opportunities for both you and your employees, and allow you to provide different levels of benefits to segregated classes of employees.

Our retirement plan specialists can also help you manage the fiduciary risks associated with your company retirement plan, and provide employee education and communication through one-on-one meeting and group educational workshops.