With the markets hitting both record highs and record lows lately, it’s no secret that things are a bit tumultuous out there. However, whether we see the markets become more steady or increasingly erratic, it’s essential that you keep in mind two important truths. First, markets can shift quickly. This can be great news when the market is unfavorable, however, this also makes it imperative that you have safeguards in place to help protect your savings from the inevitable future downturns. And second, reviewing your strategy as you near retirement is absolutely necessary in order to ensure your financial plan is in line with your retirement goals.
If you have not recently taken care of these two vital steps above, a financial review could be the difference between success and disaster. Are you all set? How about the people you care about? Is there anyone that comes to mind who may be in need of reviewing and securing these or other critical aspects of their financial future? Friends don’t let friends wind up living out their golden years in ruin.
A Checkup For Your Finances
In order to be sure your physical health is up to par, you make sure to see your doctor annually. Well, the same principle is true to ensure your finances are in the best shape they can be. And, just like your doctor, we are able to best serve you when we meet routinely to gather all the necessary information and follow up as needed. Proper planning to prevent any issues is always easier than trying to correct the damage that is already done.
Here at The Harvey Group, we serve a diverse clientele from all over the country in a variety of vital financial areas, including:
- Accumulation: how to target asset growth
- Risk management: how to protect your assets
- Taxation: how to minimize your tax burden
- Business planning: how to grow and manage your business
- Retirement planning: how to target distribution of your assets in a tax-advantaged way
- Estate planning: how to preserve your assets
While we offer a multitude of financial services, our goal is not simply to enhance the bottom line of a portfolio. Rather, our focus and desire is to enhance your life and help you pursue financial security at and during retirement. Therefore, as time goes on, we periodically follow up to review your plan and make sure it is still in line with your ever-changing needs, as well as answer any questions you may have. Every time we meet, we take the time to catch up with you and discuss your unique needs and desires. We have seen time and time again that as we continue to establish a relationship and remain clear on your values, your decisions become much easier.
The Benefits Of A Financial Checkup
As life progresses, many changes take place. Therefore, periodically reassessing your goals and plans is absolutely necessary in order to keep your plan fit for you. Once we have an understanding of your current goals and financial situation, a checkup allows us to work together with you to evaluate and adjust where needed. If everything seems to continue to be well suited to your long-term goals, despite fluctuations in the market and personal life changes, we’ll gladly affirm that your plan is adequate and you can leave with renewed confidence.
If, on the other hand, we discover gaps in your plan and see that it no longer aligns with your financial goals, then we will use this time together to fill in those gaps and discuss any unprotected risks in order to secure and fortify your financial future.
Setting yourself up for financial success is a multifaceted and sometimes overwhelming task. Luckily, you don't have to be an expert at financial planning or investing, you just have to know one. In every checkup, it is our goal to give you unbiased answers and simple explanations without all the complicated jargon. We want you to leave our office feeling not only confident in your plan but also well informed in the decisions you have made.
It never hurts to have a professional take a second look at your financial plan, even if simply to confirm that it is still applicable to all aspects of your life and adequately designed to work toward your long-term goals. Whether our appointment is in depth and complex or short and sweet, we hope you will leave having full trust and confidence in us, in your decisions, and in your financial plan.
Do You Know Someone Who Needs Our Help?
We are proud of the fact that almost all of our new clients are referrals from existing clients who value our service and trust us with the people they care about as well. There is no higher compliment than you letting others know about your exceptional experiences with The Harvey Group and entrusting to us the people that matter most to you. We serve multiple generations in almost all of the families within our clientele. We believe there are a few reasons families continue to trust us with their wealth, including our service and reputation. Over the years, we’ve built tried-and-true long-term relationships with our clients, who not only trust us with their money but also trust us with their family and friends.
Along with a high level of service we offer, we believe our clients appreciate our philosophy and discipline, as our investment positions are easy to explain and understand, and are generally in fee-based accounts so that we are on the same side of the table as our clients. This means that your best interest is our best interest and when you do well, we do well.
If you know someone who would benefit from a financial review, don’t hesitate to tell them about The Harvey Group today! Send them our way, and let us help them evaluate where they are now, determine where they would truly like to end up, and address any gaps that may be preventing them from making their dreams a reality. Also, feel free to book an appointment for yourself as well if you think you may also be due for a little fine-tuning. Contact us by emailing [email protected] or calling (703) 549-5447. Or, if you’d prefer, simply click here to book an appointment online today!
Steve Harvey is a financial advisor with more than 34 years of industry experience. He is also the founder of The Harvey Group, an independent investment consulting firm based in Alexandria, Virginia. He works closely with middle- and upper-middle-class families to help them address their critical financial planning challenges, from investing with confidence to planning for retirement. Based in the Washington, D.C. area, he works with clients throughout Virginia and Maryland. Learn more by connecting with Steve on LinkedIn or visiting www.steveharveyllc.com.