Consistent Process
We start our process with a complimentary consultation to review your situation. Based on the information you provide, we will address your specific financial planning questions and concerns. The goal of our initial session is to provide you with a couple of actionable items that will help you get an idea of how to best move forward.
When you hire Welch Financial Planning & Insurance, two processes begin: gathering your financial information and consolidating your assets at Charles Schwab. After we determine the factors that impact your financial well-being, we will schedule your preliminary financial planning meeting to discuss our suggested strategy for your investment portfolio and any next steps.
We typically reconvene a few times a year to keep us updated with your dynamic life and offer support as needed. When major life changes occur, we may meet more frequently to ensure your financial path is redeveloped.
Complexity Simplified
Your financial world is complex, so we address each concern with personalized planning and fiduciary responsibility. Based on your unique situation and financial goals, we will build the right path for you and help put it into motion with our exclusive Financial Planning Checklist. This comprehensive document organizes your plan into easy-to-follow categories that we update at each financial milestone, so it reflects your current financial health, life changes and any pertinent tax strategies.
Our investment process is not one-size-fits-all, but is driven by your custom financial plan. We utilize Tron’s proprietary “Bucket System,” which segregates your money by short-, medium-, and long-term goals; then, we invest funds in an appropriate portfolio for each time horizon. This protects short-term funds while enabling funds for your future to grow, shielding you from inflation.
Whether you’re accumulating wealth in retirement or planning to send your child to college, we have an array of strategies to help lower your overall tax costs. As IRS rules and regulations evolve, we evaluate the impact of long- and short-term liabilities, then adjust your path accordingly.
Risk Management
We are committed to being proactive in addressing your insurance needs. After carefully evaluating your family’s lifestyle and assets, it is crucial to discuss the level of protection that aligns with your unique situation. Our approach involves reviewing rates from various reputable companies to provide you with a comprehensive analysis of your options.
Your financial wellbeing depends on having adequate protection tailored to your specific circumstances. Whether you own multiple properties, have children, operate a business, or have other unique considerations, we can assist you in guarding what matters most to you.
Our expertise extends across a range of insurance policies, including:
- Property and Casualty: Safeguard your valuable assets, including real estate, against unforeseen events, such as natural disasters, accidents, or legal liabilities.
- Life Insurance: Ensure financial security for your loved ones in the event of your passing.
- Disability Insurance: Shelter your income and financial stability in case of a disabling injury or illness that prevents you from working.
- Long-Term Care: Prepare for the potential need for long-term care services due to aging, illness, or injury, without depleting your savings or compromising financial security.
- Medicare: Navigate the complexities of Medicare coverage through trusted resource, Medicare BackOffice. Keep in mind your open enrollment period begins 3 months before your 65th birthday and closes 3 months after.
At Welch Financial Planning & Insurance, your peace of mind is our priority. Let us help you secure a brighter, more confident future for you and your loved ones through comprehensive financial planning and practical insurance solutions.
The unaffiliated financial professionals and firms listed above have been provided for informational purposes only. In certain cases, our Firm does receive direct compensation in return for any referrals made to individuals or firms in our professional network. Clients must independently evaluate these firms or individuals before engaging in business with them and clients have the right to choose any financial professional to conduct business. Providing these contacts should not be construed as an endorsement of the financial professional or firm. Individuals and firms in our financial professional network may refer clients to our Firm. Our Firm does recognize the fiduciary responsibility to place your interests first and have established policies in this regard to mitigate any conflicts of interest.
