Wealth Management

Financial Planning or Wealth Management?

Do you know the difference between Financial Planning and Wealth Management? At Wealthcare Financial Group, Inc. we offer both service models..

Financial PlanningFinancial Planning is a thoughtful and disciplined process of prudently managing someone’s financial affairs within the context of their values, needs and goals. When done correctly, financial planning provides a comprehensively written “How To” plan, for addressing the financial challenges that inevitably arise in every stage of life. Therefore, financial planning is a solutions oriented process, not a product!

Wealth Management is a coordinated process, led by a credentialed financial professional who is responsible for bringing together a team of carefully selected experts, each with a high level of knowledge and skill in key areas of personal finance.

The wealth management process is fulfilled when the chosen team of specialists applies its expertise to evaluate all aspects of the client’s financial situation and devise and implement appropriate solutions.

The Steps That We Take to Develop a
Sound Financial Plan for Our Clients:		 Services that We Provide To our Clients:
  1. We carefully listen to understand your values and needs then, we establish your goals
  2. Gather all pertinent financial data
  3. Analyze and evaluate your current financial status
  4. Prepare a comprehensive Financial Plan
  5. Implement the Financial Plan
  6. Monitor the Financial Plan and make necessary adjustments…
  • Portfolio Management
  • Strategies for Managing Concentrated Stock
  • Assistance with Selecting and Managing 401(k) Investments
  • Retirement Planning
  • Estate Planning and Philanthropic Strategies
  • Insurance and Risk Management
  • College Education Planning