Comprehensive Financial Planning
No two people or households have the same financial situation. There is no such thing as a “cookie cutter” or a “one size fits all” approach with regard to wealth advisory and planning. If there is anything we know, it is that you and your situation are unique.
A comprehensive financial plan for you may include:
Assessment of your current financial situation
Review of current financial statements and legal documents
Review of current insurance policies
Review of income needs, now and in the future
Retirement plan advice
Tax mitigation strategies
Family governance
Wealth transfer strategies
Cyber and personal security review
Investment Advisory and Fiduciary Services
J.M. Arbour offers fee-based investment advisory services. On this model, instead of charging commissions and sales charges on investment recommendations, you pay a set fee that is equal to a percentage amount of the assets under management (AUM).
In our opinion, fee-based investment advisory is the most transparent way a client can work with a professional money manager. It only makes sense to work with someone who is truly incentivized to grow your money and whose goals are aligned with your own.
As fee based advisors, the professionals at J.M. Arbour are held to the fiduciary standard, which mandates that an investment advisor acts in the best interest of the client in making recommendations of securities. Simply put, an investment advisor must provide advice and investment recommendations that he or she deems best for the client based on the information the client has provided. When making decisions that are best for the client, a Fiduciary must adhere to the duties of loyalty and care.
In accordance with the fiduciary standard, an investment advisor is required to provide disclosures to the client before entering into any contracts to provide investment advice. These disclosures discuss important topics such as the investment advisor’s qualifications, service offerings, compensation and the range of fees, methods of analysis, and any records of disciplinary actions or possible conflicts of interest.
Lack of transparency and conflicts of interest plague the world of investment advice. Choosing to work with an investment advisor who will act as your fiduciary helps to eliminate the common problems associated with salespeople who are product focused and commissioned-based.
Because a fiduciary is required by law to fully disclose how they are paid as well as any possible conflicts of interest, you as the consumer are in a better position to make well-informed decisions regarding your investment and financial planning relationships.
Insurance
In the event that insurance products are necessary to complete a comprehensive financial plan, the professionals at J.M. Arbour are experts. With access to the independent marketplace, we shop for the products you need, therefore ensuring access to high quality companies, strong product design, and competitive pricing.
Insurance programs offered through J.M. Arbour include, but are not limited to:
Life
Annuity
Long Term Care
Disability
Legal
Wills, Trusts, Powers of Attorney, HIPAA forms, Personal Property Memorandums, etc. What does it all mean? Which of these should you have and why? When should each be updated? Are your assets protected in all the ways you want them to be? Are your assets structured to go to your loved ones in the most cost and tax efficient manner possible? Having the answers to these questions can sometimes be worth its weight in gold.
TAX
Taxes are the largest annual cost to most of our clients. If rules and laws allow for specific ways to reduce or eliminate taxes now or in the future, we plan to utilize such language to work in your favor. We partner with well established and well known firms who have the experience to handle complex cases and to help mitigate your tax burden where and when possible.
All under one Roof
At J.M. Arbour, we know how important it is to have the most competent and capable legal, tax, and insurance professionals on your team. We have seen firsthand the difference between individuals, familes, and companies who have their legal and tax affairs in order, and those who do not. That is why we proudly partner with professionals who specialize in Elder Law, Estate Planning, Business Succession Planning, Real Estate, and Advanced Tax Mitigation. These professionals meet with you at our offices to help ensure that your investment, insurance, legal and tax affairs are aligned.