Our Fee-based Services

FINANCIAL PLANNING


What's most important in life to you?

 

 

 

The essence of financial planning is defining and working towards your personal goals. We would like to work with you over time to develop and implement the strategies that will help realize those goals. The planning process is designed to help bring order and rationality to your financial affairs. By employing a disciplined and comprehensive process, you can better integrate your financial decisions with your broader life goals and increase the probability of achieving those goals.

INVESTMENT MANAGEMENT


At Cornerstone Financial Group (CFG), we believe that each client's needs are unique. That is why we provide customized investment strategies utilizing world-class money managers. Our investment process delivers a research-based approach designed to assist you in meeting your financial objectives while minimizing risk. Our philosophy is grounded upon the principles of strategic asset allocation and risk management.

Through National Planning Corporation, a registered broker/dealer, we provide a variety of portfolio management services for individuals, pension and profit sharing plans, retirement funds, foundations, endowments, and trusts. In addition to traditional investment accounts, we have several fee-based accounts that feature annual fees and low (or no) transactions costs.

Our clients can choose from a wide range of investment products, such as mutual funds, stocks, bonds, annuities, variable insurance products and real estate investment trusts.

RETIREMENT PLANNING

We are now living longer lives and thus, will have a longer period of retirement. We are also relying less on traditional pension plans and social security to support us in retirement. Therefore, pre-planned retirement strategies have taken on a larger importance. In our planning process, we will calculate how much you will need to save for retirement, given your planned retirement age, income needed in retirement, place of residence and amounts to be left in your estate for future generations. We will then formulate a strategy designed to help you reach your retirement goals through use of tax deferred retirement accounts, and in investing in appropriate asset classes and vehicles based on your risk tolerance and timeframe. If nearing retirement, we will also address distribution strategies for withdrawing your retirement assets. In retirement planning, we harmonize your lifetime goals with your overall investment strategy and cash flow situation to provide a balanced solution.Securities offered through NATIONAL PLANNING CORPORATION (NPC). Member FINRA/SIPC. Cornerstone Financial Group and NPC are separate and unrelated companies. (See our “Welcome” page for the full disclosure statement).


 

 

ESTATE PLANNING

Estate planning is used to essentially accomplish four (4) tasks:

  • To facilitate the smooth transfer of assets to your designated  
         survivors;
  • To carry out your wishes;
  • To protect your privacy;
  • To preserve the value of your assets from estate and other transfer   
         taxes.


    As part of this session, we will determine your current net worth, identify your estate planning goals and formulate a plan to achieve the four tasks above. We will provide you with recommendations on your estate; any implementation of our recommendations must be carried out by an attorney.

    INSURANCE PLANNING


    Insurance planning is also known as risk management or the usage of insurance to protect against specific risks. Some specific risks, which could significantly impact your standard of living are:


    In in    surance planning, we identify possible risks and calculate the amount of potential loss to you should the event occur. We then create a strategy to mitigate the risks, using a combination of insurance vehicles and/or self-insurance. In most cases, risks can only be mitigated and not eliminated.


    TAX PLANNING

    Federal and state income taxes often represent the single greatest expense a household incurs each year. This expense should not be taken for granted. Through a careful analysis of your situation, we can recommend customized strategies that can have a meaningful impact in reducing this burden. The result is an increase in disposable cash flow that can be reallocated towards meeting other desired goals. In making our recommendations we will often work with competent accounting and tax professionals to assure proper tax compliance and implementation.

     


    BUSINESS ADVISORY SERVICES*

  • The risks of having inadequate income and cash flow should a family 
          member die or become ill or incapacitated;
  • The risk of lawsuit from a third party as a result of an accident, 
          misrepresentation or omission; 
  • The risk of property damage or an inability to replace property if a 
          catastrophic event should occur.
  • Business Continuation Planning
  • Buy/Sell Agreements
  • Corporate Retirement Plans
  • Cross Purchase Plans
  • Small Business Planning
  • Key Man Insurance Strategies
  • Employee Benefits Analysis
  • Money Purchase Plans
  • Profit Sharing Plans
  • Defined Benefit Plans
  • Deferred Compensation Plans
  • Self-Employed Retirement Plans
  • 401(k) Plans
  • 403(b) Plans
  • Simple IRA & 401(k) Plans
  • Section 529 Payroll Deduction Plans 

     

    CHARITABLE GIFT PLANNING



    How interested are you in charitable giving? Does it bring you pleasure to share your good fortune with others?

    Are there particular charities you find especially meaningful for your gift giving? Do you wonder just how charitable you can afford to be and still realize other goals?

    At CFG, we encourage philanthropy and we enjoy assisting our clients with their gift-giving plans. We know that a carefully designed plan can be a step above any expectation for both the charity and the benefactor. And there is little in our practice that gives us more satisfaction than showing our clients how they can achieve optimum benefits.

    We would be pleased to provide you with an initial courtesy meeting to discuss further how your charitable gift giving can be beneficially enhanced. We would also be happy to include your accountant and attorney in meetings, at the appropriate times, to insure proper tax and legal treatment of your gift.
     

     
     
     

    *Hourly or fixed rate for services offered through Cornerstone Financial Group.

     

     

     

     

     

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