Services
Financial Planning
A holistic approach means not just aiming for one goal or challenge but managing your finances for the big picture. Approaching your finances comprehensively usually includes planning for various components like budgeting, insurance coverage, tax strategies, retirement planning, and other wealth management services. When your life changes, our financial professionals are there to talk you though it and help you adjust your plans.
Retirement Planning
At Woodmont Wealth we'll help make sure you have tax-efficient income distribution strategies and a comprehensive financial plan in place needed to retire the way you've always dreamed of. From 401(k)s, IRAs, investments and annuities to the right types of insurance, we'll help you maximize your savings, build wealth, establish a plan for your income needs, and help you decide what protection strategies best fit your short- and long-term objectives.
College Education Planning
With college costs continuing to rise, it's becoming more and more difficult to pay for higher education without turning to student loans—nowadays often six figures' worth. No matter where you're starting from, we will help you put together a savings plan to help make sure you have put aside what you need.
Estate Planning
No matter how large or how modest, everyone has an estate. And an estate plan simply makes sure that everything you own, and what you wish to have happen, when you're no longer able to do it yourself or when you pass away, is handled the way you want. We will work with your attorney, tax professional and estate planning team to help you develop a strategy so your family will know your intentions and can carry them out with confidence.
Many estate plans include:
- A will
- Powers of Attorney
- Advanced Healthcare Directives
- Trusts
Insurance
At Woodmont Wealth, managing risk is a key part of our financial planning philosophy. We help people live more and worry less—today and down the road. We will help you define what insurance products and coverages will best fit your goals and objectives.
Life Insurance
Your situation and goals are different from everyone else's, and we design our policies accordingly. Depending on your needs, our life insurance can simply be a safety net to protect your loved ones from the unexpected. Or it can also be the foundation of a financial plan giving you more flexibility for important things, like paying for college, growing your business, or having more income in retirement.
- Whole Life
- Universal Life
- Variable Universal Life
- Term Life
Disability Income Insurance
Your ability to earn a living is likely the most important financial asset you have. Disability insurance can help protect your income in case the unexpected happens.
Did you know that that about one in four people will become disabled before age 67? Disability insurance is designed to protect your income by replacing a portion of your paycheck if you're ever too sick or injured to work. It lets you rest easier knowing that your expenses will be paid, keeping your lifestyle intact and your financial plan on track so you can focus on getting better.
For Doctors and Dentists: You've made a significant investment in your career, and your unique capabilities are the most important financial asset you have to earn a living. Unlike other professional careers, an injury or illness can adversely affect your ability to perform your job. That's why it's important to have the appropriate disability coverage in case the unexpected happens and you're not able to do the work you love. We have access to policies that will offer you flexibility and choice that can help meet your unique needs. Whether you want to stay in your practice or start something new, you can rest easier knowing that if you experience a covered disability, you'll be able to meet your daily expenses as well as keep your lifestyle and your financial plan on track.
Long-Term Care Insurance
Many people think they won't need long-term care; however, research suggests that most will need it at some point in their life. And age isn't the only reason. A chronic illness or debilitating injury that keeps you from living on your own or caring for your personal needs can happen no matter how old you are. Many people also think that the costs of long-term care will be completely covered by health insurance or Medicare—but they're often not. That's why it's important to have a plan in place.
Income Annuities
Many income annuities can be structured to provide steady, guaranteed income that will last through your lifetime.
Investments
We’re committed to helping you achieve your financial goals. Aligned with MML Investors Services, LLC (MMLIS), a leading independent broker-dealer and registered investment adviser, we understand that quality investment products, advice, and services are critical elements to successful investing.
Advisory Services
Whether it’s traveling to see the world or spending time with family, buying that long-dreamed-about second home, or planning to pass along your hard-earned wealth to those most important in your life, a well-balanced investment program is a critical component of your overall financial plan. We are committed to helping you focus on living your life and cherishing the people and things you care about most. By simplifying the complex investment process, your Advisor will design an investment program around your needs and individual objectives resulting in a comprehensive, guided approach to investing personalized just for you. You will have access to a variety of programs and strategies, ranging from exchange-traded funds (ETFs) and/or mutual fund asset allocation models, to more complex separately managed accounts (SMA) offering a wide variety of investment disciplines, to customized asset allocation strategies that combine multiple investments in a single account — all uniquely designed to meet your needs.
Fixed and Variable Annuities
Whatever you dream of when it comes to retirement, making sure you'll have the money to make it happen is an important part of your financial plan. Fewer companies offer pensions these days. And the future of Social Security is uncertain. Now, more than ever, people have to rely on themselves to plan for their income in retirement, and the fixed or variable deferred annuity can be a smart way to keep your retirement goals on track. You can save and grow your money, tax-deferred, which can supplement the contributions made to your 401(k) or IRA.