Boardman Wealth Planning, Inc.

A married couple met with us who, between the two of them, had over ten different investment and retirement accounts, all of which were invested differently. After our four stages process and establishing a long term comprehensive plan, we were able to consolidate and simplify their investment into three accounts. These three accounts grant us the ability to track performance, recognize overconcentration, and act quickly to make changes when needed. Through the use of our wealth management tracking system, they now have a single place to watch and track their finances as they approach retirement. The couple can also graphically see how the estate plan we developed will potentially save estate taxes in the future.

A local family sold their business resulting in the potential for a large estate tax liability should the founder pass away. Previous life insurance policies were in place but after the sale previous policies were insufficient to cover such liabilities. Through a comprehensive analysis of their balance sheet and current policies, we were able to implement new life policies through a tax-free exchange. Should the founder pass away, the survivors are now able to cover the estate tax through newly implemented life policies.

A couple divorced leaving both individuals with substantial assets. However, one spouse was quite overwhelmed with the idea of investing the assets and managing his cash flow going forward. After uncovering the true needs before and after retirement, we were able to construct a complete plan of action that help empowers the client to feel more confident about his finances. Through quarterly meetings with our firm and daily online updates, he has a full understanding of how his money is invested allowing him to live life the way he wants without the day-to-day worries of managing the intricacies of his finances.

A female client retired after working for several large corporations throughout her lifetime. At retirement, she maintained 401k balances at each of her previous employers. As well, during retirement, she plans on starting a consulting firm. Through a consolidation process and the implementation of an Individual 401(k), she now has a better grip on her retirement assets, maintains the ability to defer over $40,000 per year from her consulting job, and has the ability to borrow up to $50,000 from her assets if needed.

A Real Estate investor owns a number of rental properties, commercial properties, as well as a number of various investment and brokerage accounts. Through a comprehensive planning process with his attorney involved, we were able to develop an estate plan and help implement an ongoing wealth management process utilizing some of the most advanced financial planning software in the industry. As his situation changes, we update the system and meet quarterly to show how changes today affect his financial and estate plan going forward.

A married couple received a large inheritance several years prior to their planned retirement. Through resources from our firm, we developed a step-by-step plan guiding the couple to retirement and thereafter. By consolidating assets, utilizing a disciplined investment approach, and simplifying their life, we were able to help provide sound financial guidance to the couple so they could spend their free time as they wanted.

Success Stories

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