To maximize the growth of personal assets and insure family security, most executives recognize the need for comprehensive wealth management. But, they find it almost impossible to achieve, due to the magnitude of their wealth, present situation in life, and the volatility of various markets.

Often, executives are using multiple advisors, paying more than their fair share of capital gains taxes, and have issues with the diversification, management, tax sensitivity, and performance of their current portfolios. Plus, executives need to integrate their corporate benefits into their total asset structure for maximum reward. The Executive Plan is designed to solve these problems. 
  
A BETTER APPROACH

Every plan is created to fit the personal profile of the executive, to reflect their personal needs, career aspirations, obligations, attitudes, and future expectations.

The plan evaluates conflicting investment alternatives, the importance of tax considerations, and the need to protect personal resources from unnecessary erosion. It sets forth priorities for action.

All plans are done on a fee basis, determined after an initial consultation. Each plan is carefully prepared and reviewed by both Ballard Associates.

We believe that a team approach to financial planning is important; we have associates who can be called upon to provide clients with accounting, tax preparation, legal services, casualty and health programs, and real estate counseling. 

Strict confidentiality is observed at all times. Information obtained by the financial planner is not available to anyone, including, corporate officials, without the express permission of the executive. 
  
THE PROCESS

The wealth management process begins with a confidential in-depth analysis of each executive’s present financial status, as well as his personal lifetime goals and objectives.

Using detailed analyticals we show the lifetime consequences of the executive’s current course of action, with observations on: risk, tax, investment, retirement, company benefits and estate tax consequence. 

After review and discussion, we provide alternative plans of action with corresponding analyticals to help the executive improve his present course. 

  

 

 
AREAS OF FINANCIAL ANALYSIS AND BENEFITS

 
The comprehensive nature of The Executive Plan requires detailed analysis of various areas of financial importance as follows:

  
 
 
To Help You Create and Maximize Wealth

Cash flow management, borrowing capacity, distribution of your assets, and income during your life is analyzed. Plans are formulated to insure the most tax-advantaged options for family funding needs, providing additional dollars for corporate benefit programs, and/or purchasing personal investments and insurance.

Your compensation and benefits program are reviewed in light of its impact on your total estate and long-range objectives.

Large holdings of a family business and/or corporate stock are analyzed from an investment tax standpoint, and relationship to other holdings.

Investment alternatives are carefully scrutinized with a view to the need for income, capital appreciation, as well as willingness to take financial risk before and after retirement.

With the object of providing returns through tax efficient investing, tax-free and tax deferred investment alternatives are reviewed 

  
 
 
 
To Help You Protect And Preserve Wealth

A complete appraisal is required of your insurance program including: life, disability, long-term care, annuity products, and all forms of risk management, for adequacy and cost efficiency.

An insurance or “Capital Needs” analysis is also provided to show lifetime insurance needs for you and your family.

 
  
  
To Help You Plan The Distribution of Your Assets And Income During Your Life In The Most Tax Efficient Way

We analyze all pertinent tax sensitive issues, including, the future consequence of your present plan of action.
 
  


We review your distribution plan for your 401k, IRA, tax sheltered annuity, company options or the selling of a business. We address the dissolution or purchase of a business, your cash flow needs now and in retirement, and if necessary, bring in other advisors i.e. accountants and attorneys.


We discuss and implement a transition plan for your investment portfolio, providing continuity in case of incapacity.

 
With tax consequence in mind, we discuss forms of tax efficient transfer and gifting, which stress control, during your lifetime, be it gifts to children, gifts to charities or gifts in any form.
 

 
To Help You Minimize The Shrinkage of your Accumulated Assets at Death and Retain Maximum Control

The implications of your current business and financial plans are reviewed, to reveal potential problem areas for discussion with an attorney. Consideration is given to the amount and kind of property that will float to the heirs; the need for life insurance, the need for trusts, or for appropriate lifetime gifts and other methods of decreasing your estate tax.

We review the titling of your assets and the consequences.

Putting an asset transition plan in place, which concentrates on tax sensitivity and control, is recommended.

We help you create a distribution plan, which, at death transfers to your spouse and descendants; a plan with continuity of investment management.

Your tax efficiency and charitable intent at death must be addressed.

Plan recommendations give detailed analyticals and proposed estate planning strategies, to reduce taxable consequences. The client’s attorney will implement these implications. 

Our clients tell us that we articulate their concerns with solutions, in a meaningful manner. Solutions that will give them the most tax efficient answer, with the most control.

We focus on issues and concerns. Therefore, we may suggest that children or beneficiaries be included in all, or part, of the estate planning process. This provides continuity of investment and asset planning for this generation and the next. This is especially important for our business clients. They must identify the same issues of asset and investment management, allocation, diversification, tax sensitivity, and performance monitoring, not only now, but during the process of transitioning a family business.

 

 

 

 
EXECUTIVE PLAN RESULTS

 
The executive plan allows you to concentrate on your business and the welfare of your family. The enhanced understanding of your benefit package and financial opportunities, allow you to work towards maximizing your corporate and personal assets.

 
 
Continuing Review

As economic conditions and the executive’s personal circumstances change, so must the plan. The planner will review the plan, as you deem appropriate. If there is a major change in your circumstances it could dictate a major shift of recommendations. However, once an Executive becomes a client, our financial projections and updating portfolio presentations are done without a fee.
 
 
 
 
SUMMARY

The executive plan offers a comprehensive planning device to examine the various aspects, issues, opportunities, liabilities, and obligations of an executive’s financial situation. These analyticals allow for the proper integration of company benefits with your resources. You are assured that you and your corporate benefits are well invested to produce the maximum potential for your family’s security.