What We Do
Build your nest,
Protect your investment,
Plan your future
Our Process
We are here to help guide you through the often overwhelming process of creating a financial strategy.
We will work with you to:
Step 1: Review
Review your individual situation and personal objectives. Every family’s financial situation is unique. That’s why it’s so important to find out as much as we can about you and your financial goals. The more we know about you, the more precise recommendations we can make and the more we can help you. As a result, we may take some time to discuss your hopes, dreams and objectives, and the things that really matter to you. This is the basis for the first meeting with anyone we sit down with.
Step 2: Analyze
Analyze and review your needs. As needed, we will work with you to identify and prioritize your objectives, and then help establish benchmark goals. This is important because we live in a world of unlimited choices. People often fail to achieve objectives because they try to accomplish too much at once, or they don’t attach specific deadlines to their goals. By breaking down your goals to specific objectives, you can look at available resources and decide which goals are realistic, which need to be adjusted and scaled down, and which simply must be abandoned.
Step 3: Develop
Develop and implement a strategy to help you work towards your goals. Based on our conversation and analysis, we can recommend the steps that it will take to help you achieve your financial goals.
Step 4: Coordinate
Coordinate your financial activities. We regularly coordinate insurance and financial activities for clients with the other members of their team of financial, tax and legal advisors. We can do the same for you.
Step 5: Implement
We'll help you implement your strategy, and work closely with you and your other third party professionals to ensure it is progessing as you envisioned. We'll monitor progress and provide ongoing service as your needs and situation change over time.
Step 6: Monitor
Planning is not a one-shot deal. Strategies need to be adjusted periodically as your life and the economy changes. We will work with you over the years to help keep your strategy on track with your changing needs.
Our Experience
At Kesten Financial Group we have collectively over 180 years of experience guiding individuals in uncovering their financial goals and creating a blueprint to match their vision. With access to teams of tax attorneys, CPAs and financial services professionals, our services and methodology is updated to account for a continually changing tax and regulatory environment. The breadth of finanical services we focus on allows us to find a tailored solution for each client.
Combined with our cutting edge technical tools, you receive a detailed strategy to effectively ensure a solution that reflects your vision.
Education + Solutions = Strategy
Personal Solutions
We focus on finding solutions rather than selling products. We’re here to guide you, not sell you. This approach allows us to help you work towards your financial goals while exploring areas that maybe were not on your radar.
Retirement Planning
We work with our clients to design and implement a variety of retirement strategies. We offer a consistent process to help ensure management of investment assets according to your goals, risk tolerances and time horizon. We then monitor your strategy on a continual basis, and adjust and evolve as your needs change.
Estate Planning
A well-engineered estate conservation plan can minimize tax liability and can help ensure that loved ones are protected. We will work with you and your other advisors to assess the impact of state and federal taxes on your estate and suggest strategies to help minimize those taxes while meeting your personal philosophies and family needs.
Asset Protection
There are numerous financial strategies and retirement income plans that can help you accumulate assets for the future, shield your business and personal assets from liabilities, and safeguard asset transfer to children and grandchildren. We can help you figure out what the right course of action is for your specific situation and objectives.
Charitable Planning
Charitable planning allows you to support the organizations and causes that matter to you, while often providing immediate income streams and reducing your tax burden. Numerous charitable giving strategies exist, and we can help you design and execute a charitable giving strategy that is in alignment with your personal and philanthropic goals. Please seek tax advice from your own tax advisors.
Disability and Extended
Care Needs
To execute a sound retirement strategy, asset and income protection are a must. Designing a strategy that encompasses managing costs for extended periods of care and disability insurance can help create the necessary balance in a portfolio to ensure stability and protection of assets.
401(k) and IRA Rollovers
When you leave a job or retire, you have a decision to make regarding your 401(k) money. While leaving those assets in the former employer's plan is an option, a rollover can be a consideration. Working with your tax advisor, we can help you determine the right course of action for you. This may include: leaving the funds in your existing plan, if permitted, or rolling them into your new employer's plan, if one is available and rollovers are permitted. Each choice offers advantages and disadvantages, depending on your specific needs and retirement plan, such as the desired investment options and services, applicable fees, expenses, and withdrawal options, as well as required minimum distributions and tax treatment of applicable options. Before rolling over the proceeds of your retirement
plan to an Individual Retirement Account (IRA) or annuity, consider whether you would benefit from other possible options such as leaving the funds in your existing plan or transferring them into a new employer’s plan. Please consult your own tax and or legal advisors regarding your particular situation.
Business Solutions
"Risks come from not knowing what you’re doing”
– Warren Buffett
We offer a wide array of services to help business owners address their financial needs at every stage of the business life cycle. Taking into account their personal values and financial goals, we create and execute customized strategies to help entrepreneurs meet their objectives. Some of our key services are detailed below.
Executive Benefits
The success of most businesses is tied into the talent, passion and work ethics of their key executives. Executive benefit packages can help you attract, motivate, and retain high-caliber employees and keep your company healthy and stable. We can help you with funding non-qualified plans, supplemental employee retirement plans, split dollar plans, and more.
Succession Planning
Succession planning allows owners to leave their business on their own timeframe while preparing their company to be transferred to family members, key employees, an outside party, or even a charity. This must be done in a way that achieves personal financial security, maintains harmony, and achieves maximum value for the business.
Key Person Insurance
Key person life insurance offers a death benefit that helps indemnifies an employer for the loss of one of its most important assets - the key person. This can help assure continuity of the business for employees, customers and creditors, and protects against losses in sales, momentum, and credit. It can also be used to assist with recruiting and developing a replacement for the employee.
Funding Buy-Sell
Agreements
A buy–sell agreement is a legally binding agreement between co-owners of a business that governs the situation if a co-owner dies or leaves the business, whether by force or by choice. A funded cross-purchase buy-sell plan utilizes life insurance to help ensure that the arrangement is properly funded so that there will be money when the event is triggered.
Funding Deferred
Compensation
Deferred compensation is a written agreement between an employer and an employee where the employee chooses to have part of his or her compensation withheld by the company, invested on their behalf, and distributed back to them at a pre-determined point in the future. Deferred compensation can be used as a flexible way to attract and incentivize key employees.
Why Invest?
The only reason to invest is to have a stream of income for life.
– Warren Buffet
Markets will go up and markets will go down. That’s guaranteed!!!
At Kesten Financial Group we are not only focused on positive return opportunities but also in helping you navigate during different market scenarios.
FKG combines the accessablility of professional investment manager expertise through mutual funds with the service and guidance of our firm’s Financial Professionals. By analyzing your overall investment goals, risk tolerance levels, and liquidity needs, we will determine which investment portfolio allocation, consisting of an optimal blend of mutual funds is most appropriate for your investment goals.
Your customized investment solution will address the following.
- Investment goals
- Time horizon
- Risk tolerance
- Liquidity needs
Once we understand what you have, where you want to go, we will develop the “how” by designing a plan that helps you have the right wealth accumulation and preservation strategy in place to address your investment objectives. Together we can create the success and freedom you deserve.
Kesten Financial Group does Things Differently
Real World Goals
Tailored Recommendations
No Cookie-Cutter Portfolios We’re aiming to be your trusted partner, always seeking to act in your best interest.
|
