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wealth MGMT
Wealth Management Goals and Objectives

Dimensions of Wealth Management

Wealth Management





Introduction:
Financial Goals & Objectives






Cash Flow Budgeting
Debt Management
Retirement Planning
Tax Planning
College Funding
Risk Management
Estate Planning

2

1

Financial Planning

Course Goals

How much time do we invest researching…








a notebook computer a new car a spring break trip our long-term financial security






Simplify the wealth management process
Develop a long-term investment game plan
Take active control of your financial health
Gain confidence that you are making wise decisions
Identify (and avoid) common investment pitfalls

3

Roadmap







Roadmap


Getting Started




Personal goals & objectives
Choosing a sound financial lifestyle
How much do you need to retire?










Asset classes and performance
Impact of diversification
Asset allocation
Mutual funds





401(k), 403(b)
IRAs

Saving for College
Wealth Protection


5

© 2014, Todd Houge

Taxation and Tax Strategies
Retirement Savings Plans


Creating a portfolio


4

Risk Management & Insurance
Estate Protection

Investment Psychology and Behavioral Finance
6

1

Wealth Management Goals and Objectives

Primary Objective

Wealth Management Objectives

What is the primary objective of wealth management?

Needs, Goals, and Dreams

8

7

Life Stages


Early Adult (e.g., college grads to late 20’s)



Early Adult (early/late 20s)
What are the primary concerns or objectives?

Early Family (e.g., planning for family)



Retirement

Maximize cash flow, control spending
Financial education (insurance, retirement plans, etc.)
Save for purchase of home





Pay down debt (student loans, credit cards)



Pre-retirement

Creating a sound financial plan
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