When a client is weighing a big decision, we want to know what they’re trying to accomplish and what the numbers say. Our planning and investment team at Argent Bridge Advisors helps answer both.
That’s how we approach holistic financial planning: considering each major financial decision in the context of a client’s broader goals. We develop the financial recommendations and, with the client’s permission, work alongside their estate attorney, Certified Public Accountant (CPA), and other professionals to make sure the different pieces of their financial life are considered.
Getting Ready to Retire
As part of holistic financial planning, we help clients determine when they can retire and what they can reasonably spend. Our team builds an income plan and tests what-if scenarios, such as a market correction early in retirement or the rising cost of care later in life, to better understand where the plan has flexibility and where adjustments may be needed. We also map out withdrawals and evaluate Roth conversions with the client’s CPA, weighing the tax cost today against potential savings down the road.
When Your Business Is Your Biggest Asset
An expansion can be a smart move for the company and still put pressure on the owner’s personal finances. Our holistic financial planning approach helps owners weigh reinvesting in the business against building wealth outside the business. For an owner already maxing out a 401(k), a cash balance plan may offer an opportunity to make larger retirement contributions. We work with the plan provider to assess whether the required yearly contributions fit the business’s cash flow.
We also look at how the business and the family would manage financially if the owner died or became disabled. That includes reviewing key person life insurance for the business and personal life and disability coverage for the owner.
For an eventual exit, we work backward from what the owner needs after taxes to support life after the business. That target helps us compare a sale, a family transition, or an employee buyout, and identifies any adjustments needed while there’s still time to make them.
Helping an Aging Parent
When a parent needs more care, doctors and care providers help the family understand the options. Through holistic financial planning, we help families compare the costs and ways to cover them, including how helping pay for a parent’s care could affect the client’s own retirement. We also coordinate with the family’s attorney on who has authority to make financial and care decisions and whether documents need updating.
What Makes Collaborative Financial Planning Work
When recommendations point in different directions, we’d rather get everyone in the same room than leave the client stuck in the middle. The client should walk away understanding the tradeoffs and knowing who is responsible for each next step.
Holistic Financial Planning With the Team You Trust
If you have professionals you trust, we are happy to work with them. The goal is one connected plan instead of disconnected advice. If you’re facing a decision about retirement, your business, or supporting family, we would be glad to talk it through.
At Argent Bridge Advisors, we believe financial planning should be as individual as the people we serve. Our team combines personalized financial guidance, comprehensive wealth management, and dedicated investment management to help clients navigate life’s transitions and plan for the future.
Whether you’re preparing for retirement, navigating divorce, managing an inheritance, or planning for the next generation, we take the time to understand your priorities and develop strategies aligned with your goals.
Ready to take the next step? Contact Argent Bridge Advisors to schedule a consultation and learn how our team can support your financial planning needs.
Securities offered through Osaic Wealth, Inc. Member FINRA/SIPC. Advisory Services offered through Osaic Advisory Services, LLC (Osaic Advisory). Osaic Wealth and Osaic Advisory are separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth and Osaic Advisory.
