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Comprehensive Financial Planning

Building a Comprehensive Approach

We use a specific, yet individualized approach to the financial planning process. Whether our engagement with you is as an individual, a couple, a professional or a small business owner, we start with the basics and work our way up a pyramid of important issues.

  • Cash Flow – An analysis of your existing cash flow and your financial position. This step summarizes and assesses your income and expenses, key budgeting issues and your cash reserves for emergencies or other opportunities.
  • Risk Management – Identifying potential risks, such as loss of health, property, income or life. And then, developing strategies designed to protect against these risks.
  • Accumulation/Investment – Funding specific accumulation goals, such as educating children or grandchildren, purchasing a vacation home or accumulating a targeted amount for some other purpose. This step includes the development of an investment strategy, based on your specific time frame and risk tolerance, and would include recommendations on asset allocation.
  • Income Tax – Income tax strategies, including the identification of investment tax savings strategies that may be available in your specific situation.
  • Retirement – Retirement planning focused on evaluating needs and developing strategies for both the accumulation and distribution phases of your life.
  • Estate Planning- Consideration of estate planning and wealth preservation needs, including the development of organization and distribution strategies that seek to ensure that your wealth is preserved and passed efficiently and cost effectively to the people or organizations you wish, at the time and in the manner you want.


Waddell & Reed offers financial planning services in its capacity as a Registered Investment Adviser. Please contact us for more information or request a copy of the Waddell & Reed, Inc. Financial Planning Advisory Services Brochure for a complete discussion of these services and the fees associated with them.

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