Our Philosophy
Sophisticated solutions for individuals and families
At W.B. Smith Companies, we believe that every successful relationship begins with the establishment of a deep understanding of our client’s goals and values. As in any relationship, communication is key. Whether you’re currently a multi-millionaire or desire to be one, are just starting ‘up the hill’ or well on your way ‘over it’, we have a comprehensive array of strategies and services to meet your financial needs. Our aim is to offer a unique approach that will allow you to analyze your past endeavors. Our objective is to facilitate a better comprehension of your present state of financial affairs and to help you sensibly plan for the future in order to achieve fulfillment and peace of mind.
In our initial conversations with clients, we’ll ask many questions and gather lots of information; some general, some specific. The practical applications of financial planning include goal setting and organization, cash flow requirements, retirement planning and investment strategies that are appropriate for you now as well for the future.
As we believe an informed client is a better-prepared client, we’ll help you to comprehend basic ‘wall street’ jargon and to appreciate the countless benefits of developing a financial plan. We’ll be frank about differentiating between luck and skill, and candid about the realities of investing, owing to greed or procrastination because of fear. We’ll look at your current finances, your investments, and your insurance coverage. We’ll talk about your career, your life goals, and where you are in your financial life. Are you entering your prime earning years? Starting a new business? Looking ahead to retirement? Thinking about how best to transfer your wealth to your heirs? We’ll work with you to define a common set of expectations based on your current situation and priorities. We’ll perform a ‘reality-check’ regarding a number of scenarios to see what will work best for you so as to create a clear, well-defined set of expectations that you and your advisor share.
All these details, and many more, are factors that must be taken into consideration as we build a solid foundation for creating a lasting financial relationship.
Investment and Money Management
Tax minimization
Retirement Planning and Funding
Risk Management and Planning
Estate Planning and Estate Liquidity