- OUR SERVICES
- INDIVIDUALS & FAMILIES
Individuals & Families
Establish a clear financial vision with knowledgeable financial advisors.
Creative Financial Advice Tailored to Your Unique Situation
Manage Your Wealth
Clear Harbor Wealth Management provides comprehensive wealth management services, meticulously handling all aspects of your financial life. Our aim is to build, manage, and preserve your wealth through strategic planning and execution.
Prepare for Retirement
We offer specialized services to prepare you for a secure and comfortable retirement. We work with you to understand your retirement goals, evaluate your current financial status, and create a comprehensive retirement plan.
Enjoy Retirement
Our approach includes investment strategies, retirement income planning, social security benefit optimization, and more, aiming to ensure a steady income stream and peace of mind in your retirement years.
Our Process
Harnessing our extensive expertise and imaginative financial strategies, we craft a customized plan that aligns precisely with your intricate financial requirements and aspirations. Supported by a seasoned team and an expansive network of resources, your dedicated financial advisor empowers you to effectively navigate crucial decisions and pivotal milestones, instilling a profound sense of assurance in your financial future.
PRIVATE WEALTH MANAGEMENT
Portfolio Management
We craft strategic, diversified portfolios for your business to maximize returns and safeguard your business assets, all while navigating market volatility.
Investment Solutions
We help you navigate the complexities of the investment landscape, designing strategies that balance risk and reward, and align with your business growth objectives.
Financial Planning
We create personalized strategies that encompass all aspects of your financial life, aiming to build wealth and secure your future in alignment with your unique goals and circumstances.
Insurance Planning
We evaluate your unique needs and potential risks, then guide you in selecting the appropriate insurance policies to safeguard your assets, ensuring peace of mind for your future.
Risk Management
We assess your unique financial landscape, identifying potential risks, and devise strategic solutions to minimize their impact, ensuring your wealth preservation and growth despite market uncertainties.
Estate Planning
We assist in creating robust estate plans that consider tax implications, potential legal issues, and your familial and philanthropic goals, offering peace of mind for you and your loved ones' future.
Tax Planning
We strategize to ensure your business operations are tax-efficient, allowing you to focus on growth while we navigate the complexities of business tax regulations.
You Have Financial Options
We had a client that had been paying a large federal tax liability for a number of years. The federal tax liability was in the 400,000 range. He mentioned it was a hard check to write every year. After learning more about his interests (investment real estate) and his income sources (via tax return), we found a couple potential solutions to reduce his federal tax liability.
PREPARE FOR RETIREMENT
Goal Establishment
We are dedicated to helping you establish clear, measurable financial goals. We work closely with you to understand your aspirations and financial situation.
Tax Analysis
We review your financial picture in depth, identifying potential tax-saving opportunities and devising strategies to minimize your tax liability, helping you retain more of your hard-earned wealth.
Social Security Benefit PLanning
We analyze your unique situation, guide you through the complexities of Social Security, and help you make informed decisions about your benefits, ensuring you get the most out of your retirement years.
Estate Planning
We assist in creating robust estate plans that consider tax implications, potential legal issues, and your familial and philanthropic goals, offering peace of mind for you and your loved ones' future.
Retirement Income Planning
We evaluate your financial situation, retirement goals, and expected lifespan to develop a plan that effectively converts your retirement savings into a reliable income, aiming to provide you with financial security and peace of mind during your retirement.
Asset Allocation
We analyze your financial goals, risk tolerance, and investment horizon to design a portfolio that strategically distributes your investments across various asset classes. This approach aims to maximize returns, manage risk, and ensure your portfolio aligns with your unique financial objectives.
Collaboration for Financial Success
Through our financial planning process we gather important financial data from our client. All income sources, assets owned, debts and a copy of their last two years of tax returns. We also conducted a goal development meeting to better understand what was important to them personally and financially. We collaborated with the client’s CPA (tax accountant) to confirm IRS Code and agree on the best solution to address our clients tax liability.
ENJOY RETIREMENT
Goal Establishment
We are dedicated to helping you establish clear, measurable financial goals. We work closely with you to understand your aspirations and financial situation.
Tax Analysis
We review your financial picture in depth, identifying potential tax-saving opportunities and devising strategies to minimize your tax liability, helping you retain more of your hard-earned wealth.
Social Security Benefit PLanning
We analyze your unique situation, guide you through the complexities of Social Security, and help you make informed decisions about your benefits, ensuring you get the most out of your retirement years.
Estate Planning
We assist in creating robust estate plans that consider tax implications, potential legal issues, and your familial and philanthropic goals, offering peace of mind for you and your loved ones' future.
Retirement Income Planning
We evaluate your financial situation, retirement goals, and expected lifespan to develop a plan that effectively converts your retirement savings into a reliable income, aiming to provide you with financial security and peace of mind during your retirement.
Asset Allocation
We analyze your financial goals, risk tolerance, and investment horizon to design a portfolio that strategically distributes your investments across various asset classes. This approach aims to maximize returns, manage risk, and ensure your portfolio aligns with your unique financial objectives.
Financial Advice is Within Your Reach
In a down market we reached out to clients to discuss a Roth conversion strategy. We targeted clients that had large reliable retirement income sources combined with significant taxable IRA assets and if they waited to take distributions until RMD age the tax “time bomb” would be very large.
Our advice was to have our clients consider converting a portion of their IRA assets (that were decreased in value because of the down market) to a Roth IRA (nontaxable). The amount to convert was based on their current tax bracket. We described the opportunity as a “Roth Conversion on Sale”.
Blogs & resources
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Speak to one of our trusted financial advisors or learn more about the services Clear Harbor has for YOU!
