At Fragasso Financial Advisors, we consider ourselves a close-knit family. We are a group of individuals who all work together with the common goal of helping our clients work toward their important financial goals. And for most of us, those goals don’t have an end date. That’s why we feel it’s important to plan not only for the near future, but also for the future of the next generation. While it’s never comfortable to have a discussion, or to even contemplate what life will be like after we’re gone, there are several advantages to being well prepared for what will happen to your assets even after you’ve passed your wealth along to the people and causes that are important to you. Just as important is the fact that there are plenty of actions one can take now to have a meaningful impact for many years to come. That is one of the reasons we’ve worked so hard on cultivating our Client Experience. We want to continue to guide you and the next generation on the journey to a comfortable financial life. Our Client Experience is intentionally structured in a way to allow us to keep up to date with the ever-changing circumstances in your life.
I have had the pleasure of working with so many clients over the years at Fragasso. The clients are truly amazing people and getting to know you, your families and the things that are important to you is one of the most gratifying experiences any advisor could ever hope for. Understanding the people, the organizations and the causes that you care about is so very important to us, and we want to help you pass your legacy along. And there is certainly a legacy that is about to be passed along. A great wealth transfer is about to take place that will see as much as $68 trillion change hands between various generations over the next 30 years.1
Having worked with many multigenerational families reminds me of the importance of planning for the future. From very simple things, like having an up-to-date will, to more complex strategies that might involve insurance or trust work, your financial advisor is here to help you navigate the next steps in your financial journey.
Your advisor will continue to walk you through the various steps in our Client Experience process. Our Client Experience consists of very specific, proven steps that uncover and analyze your unique needs. This process is not something that only occurs at the beginning of the relationship. It encompasses every aspect of the client relationship – from the initial discovery meeting, to the delivery of the financial analysis, to investment management strategies, performance reporting and ongoing reviews. Each individual step is tied directly to a functional outcome. These outcomes are framed by your goals, objectives and expectations.
Once your customized blueprint is in hand, it’s time to make progress on the other important financial aspects of your life. For many folks, that might include a discussion about the eventual distribution of your assets to the next generation. That’s where our tag line, “We guide. For life.” becomes even more important. It’s certainly important to get your financial life in order so that you can confidently answer questions like, “Can I retire when I want?” or “Will I have enough money to last throughout my retirement years?”. At a certain point in time, it may also become important to understand what happens to your assets after you’re gone. We are here for you to help with that conversation. We can lead the conversation or help plan the best ways to have that larger discussion with the people and organizations that you care about. As your financial advocate, we welcome the opportunity to collaborate with key advisors, like accountants and attorneys, and your family members and future heirs. This unified approach results in all your affairs being arranged in true harmony.
We mean it when we say,
“We guide. For life.”
Source: 1.The Report by the Coldwell Banker Global Luxury® program and WealthEngine