Wealth Planning
We recognize that no client's financial life is one-dimensional. Using our deep expertise in wealth planning, investing, tax management, estate planning, risk mitigation and other areas, we serve as your family's CIO to coordinate all the elements of your financial life so you attain your goals and achieve peace of mind.
Curated Wealth Strategies
Our detailed planning process allows us to understand each client's personal and financial situation, objectives, comfort level with risk, and time horizon for achieving goals. This allows us to:
- Review estate planning documents to ensure alignment with goals
- Stress test wealth plans
- Advise on wealth transfer and tax mitigation strategies
- Project cash flows
- Guide business owners on exit planning
- Create customized asset allocations built around your goals and cash needs
- Advise on tax-efficient, impactful philanthropic strategies
- Analyze existing risk mitigation and insurance strategies
- Review existing debt and liability structures to determine if better options can be utilized.
Advice that Serves You
The guidance that results from our planning process is based on the sole criteria of helping you meet your goals. Are you focused on retiring comfortably, selling or exiting a business, or leaving a lasting legacy? We always recommend the most appropriate, most cost-efficient products and solutions — and never those that don't help you reach your objectives.
Investment Management
Successful investment management starts with discipline. It is the cornerstone of your financial future. We manage your assets as if they were our own.
We work to achieve our client's goals with customized investment solutions constructed by industry leaders and make tactical shifts based the economic outlook. Our portfolios include:
-
Customized Asset Allocations
-
Insitutional Quality Investments
-
Long-Term Focus
-
Discipline and Flexibility
-
Tax Optimization and Efficiency
-
Diversified, without Hyper-Diversification
-
Rigorous Due Diligence
-
No Commissions, Loads, or other Retail Fees
-
Transparent, Low-Fee Investment Solutions
-
Custom Indexing and Mission-Aligned Investing
Expertise Matters
Retirement Planning
Financing retirement has become increasingly complex and can cause unnecessary anxiety, especially for those who plan to access their retirement assets in the next several years. An array of investment options, combined with fluctuating interest and inflation rates and other variables, make it difficult to determine how much you will need, where you should invest, which accounts to spend down first, and to whom to turn for assistance.
The complex tax and legislative environment surrounding retirement planning only compounds the confusion. With qualified plans, such as IRA, pension, profit sharing, and 401(k) plans, the timing and amount of withdrawals are critical in order to avoid additional tax penalties. And if you have accumulated significant qualified plan assets, you may face additional problems, such as the "Double Tax Dilemma," where the government can tax these assets twice.
Estate Planning
Part of living confidently in the present is knowing that your wishes will be carried out in the future. We help to create estate plans that will protect and efficiently transfer your wealth while conveying your wishes for your loved ones and your own care.
Proper estate planning allows you to transfer your wealth according to your wishes while minimizing unnecessary taxes and expenses. Our goal is to ensure you have taken prudent steps to reduce your tax liabilities and to help to create the most effective means to finance any future tax liabilities.
We work with all of your professionals to help you with...
- Wills
- Trusts and Trust accounts
- Power of attorney
- Account beneficiaries
- Beneficiary accounts
- Gifting assets
- Business exit and succession strategies
- Philanthropic mission and vision
Philanthropic Planning
401(k) Planning
401(k) | 403(b) | Profit sharing | Defined Benefit Plans
At Veridian, our goal is to help you manage a successful and cost-effective retirement plan that helps you attract and retain valuable employees and helps prepare them for life in retirement. You can rely on our experienced advisors to:
- Understand the complex retirement plan marketplace
- Consistently track industry trends
- Continually educate ourselves and our clients on the latest legal and regulatory standards
- Strive to consistently place the best interests of your plan and its participants first
Retirement Plan Consulting Services
We act as a fiduciary and are both vendor and investment neutral which allows us to act as true independent consultants. Our comprehensive Retirement Plan Consulting Services include:
- Assistance with Investment Policy Statement preparation and review
- Investment Monitoring and Recommendations
- Changes in Investment Options
- Qualified Default Investment Alternative
- Performance Reports
- Plan Search Support/Vendor Analysis
- Benchmarking Services
- Identifying Plan Fees
- Plan Committee Education
- Plan Participant Enrollment and Education
Tax Planning
Our proactive tax planning minimizes taxable gains with long-term investing strategies, offsets income with tax-toss harvesting, incorporates giving strategies to decrease income and estate taxes, and .
Our tax planning process is based on your goals and recommendations may include:
- Gifting strategies for tax-free giving
- Gift or sale strategies to reduce taxes for multi-generational wealth using SLATs, GRATs, IDGTs and other strategies
- Tax efficiency in portfolios with tax loss harvesting and minimizing short-term gains
- Creating donor-advised funds for appreciated securities
- Investing in College Savings Plans
Gifting
An important component to any estate plan is gifting, which allows you to reduce the size of your taxable estate by strategically transferring wealth. Gifting enables you to take advantage of substantial tax advantages available through lifetime gifts. Thoughtful use of lifetime gifting, through the use of planning vehicles such as trusts and life insurance, can help maximize the value created for future generations.