Our highest priority is to create value and peace of mind for our clients by offering the following comprehensive services
Comprehensive portfolio analysis takes into account more than just your investments and retirement accounts. Through in-depth portfolio analysis we provide information, advice, and research for your entire estate, not just your investments. We pride ourselves in helping our clients think through any life decision that may alter or affect your wealth. By aggregating your entire portfolio we can adjust our investment decisions to be tailored to your needs as presented in your full estate.
With our client-facing software you can take control of your investments, or leave the control to us to watch & follow along. Simple drag & drop tools allow portfolio analysis and rebalancing at the click of a button, saving both time & money. Contact us for a consultation today.
Asset Allocation allows us to find the perfect balance between risk and return in our clients’ portfolios. Utilizing each individual’s investment goals, personal values, risk profile, and investment time frame we can create an asset allocation tailored to each individual. Asset Allocation allows every portfolio to achieve the perfect ratio of different types of assets to create a portfolio that fits each and every family or individual. With experience and research, our advisors create asset allocations to match your values, beliefs, and financial needs.
Estate Planning can be a scary and complex process. Larger estates require Trusts and sophisticated legal documents while some planning can be relatively simple. We will work closely with your CPA and your lawyer to make sure your assets and investments are titled and set up to met the estate planning goals that you have in ming. We can manage your Trust accounts and provide advice on Estate Planning. Our personal and professional experience with the needs of family members in aging and how to maneuver through the challenges of aging makes us trusted advisors for all estate planning needs.
The most difficult part of Estate Planning may be just getting started. We’re here to counsel you through every step of the process. No matter how old or how young, it’s not too early to start planning for your estate.
Some estate planning steps with which we can assist include:
- Creating a will
- Creating Trusts accounts for beneficiaries
- Deciding and establishing guardianship for children or special needs adults or living dependents
- Choosing an executor for overseeing your wishes
- Updating beneficiaries on life insurances, annuities, IRA and retirement accounts as needed
- Funeral arrangements
- Gifting to reduce taxable estate if desired
- Choosing your POA (Power of Attorney) to assist with your investments, property and other needs
It is never too early to begin planning for retirement. Our advisors are available to coach you and your family through the decisions that will affect you after your working years. Our planning tools allow our advisors to forecast your income and expenses to better understand what your life in retirement will look like. We advise in the best ways to invest your assets and will manage your investments for you. We offer assistance for you in every aspect of your retirement planning. We have personal and professional experience with State pension plans, company retirement plans, supplemental retirement plans, and especially University and College retirement plans.
Our holistic approach to retirement planning doesn’t just help make sure that you are funding a retirement account, but ensures that you answer the questions regarding your health care costs, long term care, and estate planning needs.
If you don’t want to work forever, then consider starting to plan for retirement now. Contact us to set up a free consultation today.
Your investments should be in line with your beliefs and your values. With experience in Impact Investing, Microfinance, Crowdfunding, & Socially Responsible Investments, our Advisors will help you ensure that your investments are living up to your values. Popular strategies include Sustainable, Fossil Free, Socially Conscious, Green, Ethical or Impact Investments; Community Investing, Renewable Energy, or Environmental Responsible Investing.
The breadth and availability of Socially Responsible Investing and investment opportunities in the local community have grown immensely in recent years, giving investors the ability to more effectively use their investments to provide constructive and positive impacts locally and throughout the world.
We are committed to understanding your values, goals, and desires for your financial assets and working with you to ensure they are invested toward the issues of your choice. We assist in helping you understand your choices and implementing them for you. We devote the time and energy into research and proper implementation so that you can know the impact of environmental, social and governance (ESG) issues related to your choices.
Our advisors utilize the supportive organizations such as USSIF, The Forum for Sustainable and Responsible Investment, which promotes sustainable, responsible and impact investing. Similarly, our advisors partner with GMI Ratings, the leading independent company that “provides global research coverage of the environmental, social, governance and accounting-related risks affecting the performance of public companies. GMI Ratings is a signatory to the United Nations-backed Principles for Responsible Investment (PRI).”
We select investments that we believe will provide the potential for a favorable return but will also be consistent with the beliefs and ethical preferences that clients have made known to us. Socially responsible investing securities can be more volatile than other securities. Our firm’s interpretation and application of its social and environmental standards are subjective and may evolve over time. There is a risk that information used by our firm to evaluate the social and environmental performance of issuers, industries, markets, sectors, and regions may not be readily available, complete, or accurate.
Taxes are inevitable, but the amount you have to pay can vary. Our wealth management services take into consideration the taxes that you’ll have to pay and our advisors work with you to minimize your taxable events and the total amount that Uncle Sam will keep from you and your family. Using tax advantaged accounts when possible and structuring separately managed accounts with particular asset types we can control when you pay taxes and, to an extent, how much you’ll have to pay. Responsible management of your portfolios and your family estate must include aspects of tax planning, our advisors have the knowledge and experience to help you reduce your taxable burden.
Your College/University Retirement Investments and/or Employer Sponsored Retirement Plans:
Your retirement investments are an integral part of your planning. We have personal and professional experience with university/college retirement plans and the investment choices available. We also have personal and professional experience with State Retirement plans. For all college/university retirement plans Fingerlakes Wealth Management offers the following services for your investments:
- Analyze current holdings & assets
- Recommend target portfolios
- Monitor investment progress
Employer Sponsored & College/University Retirement Plans are important to your financial wellbeing. At Fingerlakes Wealth Management we will review your entire portfolio of investments in creating a comprehensive plan for you and your family.
Using a unique platform we can offer an investment philosophy with more access and reduced costs. We call it investing in ideas. Or values. Or beliefs. It’s about investing in what you care about and we’ll create a Motif to match. Each Motif consists of up to 30 securities, put together to form something worth investing in.
- No Load, Low Cost Mutual Funds
- Socially Responsible Mutual Funds
- Exchange-Traded Funds (ETFs)
- Bonds & Fixed Income Securities
- Treasury Notes
- International Currencies
- Structured Products
- Alternative Investment Strategies
- Fixed & Variable Annuities
- Life Insurance
Student loans can present a significant challenge to new graduates. Planning for your child’s education is of the utmost importance to reduce both their and your post graduation debt. Using tax advantaged accounts and strategically managing your assets we help families navigate student loans and college expenses. Utilizing 529 Plans, UG/TMAs, and planned qualified distributions, among others, we can help your family fund your children’s college education while structuring the debt in the most advantageous ways possible.