Holistic Life Planning Comprehensive Business Strategies Experienced Guidance

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1 Holistic Life Planning Comprehensive Business Strategies Experienced Guidance

2 Financial Planning Associates, LLC is dedicated to providing advice that changes lives to a select group of families, executives, business owners and companies in the Delaware Valley. We guide you toward your individual and business goals by offering personal service, proven strategies and trusted advice just as we have done for families and companies like yours for the past 40 years. Holistic Life Planning Provided by FPA Wealth Management We aspire to have a lasting and compounding positive effect on our community by playing a guiding role in the lives of our clients. We help a select group of clients and their families pursue their passions and live a life of meaningful purpose. We consult and advise our clients through life s many transitions and challenges including planning for retirement, funding for education and transferring assets to loved ones. As a client of FPA Wealth Management, you benefit not only from our broad range of services and strategies but also from our commitment to family-centric values and honest communication. Whether your financial journey is just beginning or you are pursuing your next financial milestone, we work with you to develop and implement strategies tailored to your individual needs while providing ongoing guidance and monitoring as you strive for financial independence. Comprehensive Business Strategies Provided by FPA Business Solutions The Professionals in our FPA Business Solutions division take great pride in helping our business owner clients design, establish and administer employee benefit and retirement plan strategies that align with their business, tax and financial objectives. In addition to developing and implementing the most advantageous programs for our clients, companies rely on us to provide unparalleled administrative support, thereby freeing up time to focus on other company priorities. We understand that today s rising cost environment of medical insurance and constant changes in 401(k) regulations require the creative and efficient guidance provided by FPA Business Solutions. As an advocate for our clients, we focus heavily on reducing costs and helping to attract, retain, and motivate valued employees.

3 Planning for Individuals and Families Our success is measured by our clients ability to live life to the fullest, build a legacy for their family and pursue their life s goals and passions. Advice for Life SM Services and Strategies Our wealth management team has experience and knowledge in a wide range of financial disciplines, allowing us to focus on your individual and specific needs. We specialize in identifying strategies that align with your most pressing financial concerns in the following ways: Goal Planning How can you afford the life you ve always envisioned for yourself and your family? Pre-Retirement Planning Will you have sufficient funds when you are ready for retirement? Advice for Life SM Through our holistic planning process, Advice for Life SM, we personally provide in-depth knowledge, one-on-one service and experienced guidance, over the course of your financial life, always keeping in mind the best way to pursue your individual goals. Based on a structured, yet flexible approach, we are committed to creating and executing a customized plan for you designed to reflect your own personal values and priorities. Phase 1: Identify and Prioritize Your Goals Before we get down to crunching numbers, we ask questions and talk about the most important things in your life family, business, community and leisure as well as any other aspects of your life that may help us to best understand your goals. Result: We Identify, understand and prioritize your most important goals. Phase 2: Analyze Your Assets Based on our findings during Phase 1, we review your personal financial situation and gauge where you are now relative to your life goals and priorities. Result: We conduct a Gap Analysis to examine the differences between where you are today and where you need to be to achieve your goals. Phase 3: Develop Your Plan Utilizing our findings from your Gap Analysis, we determine the best strategies to put you on the path toward your financial independence. Result: We provide you with a customized written plan in which we recommend specific financial strategies consistent with your short-, medium- and long-term goals. Phase 4: Implement Your Plan The most important part of any plan is in the execution of the steps that must be taken to put the plan to work. Result: We work with you to initiate each of the specific strategies we have recommended, thereby beginning your journey toward pursuing your financial goals. Phase 5: Monitor and Adjust for Success Life events, large or small, will impact the best laid plans. While many such events are beyond our control, responsible financial planning requires the ability to make adjustments for what has occurred. Result: By utilizing WealthVision SM, our stateof-the-art monitoring system, we continually work with you to make the most appropriate modifications to bring your financial plan back into alignment with your personal goals. Post-Retirement Planning As you transition into retirement, how do you structure your savings to help ensure that your money lasts? Educational Expense Planning Will you be financially ready when it s time to send your children to college? Investment Management How do you structure your investments to help protect, preserve and grow your wealth? Risk Management What do you have in place to reduce the risks for the unexpected events in life? Legacy and Estate Planning How can you make sure your loved ones are taken care of after you are gone? Business Transition As a business owner, how do you best position your business for transition to the next generation or for a potential sale?

4 Planning for Businesses and their Employees We are proud to deliver comprehensive strategies and services along with continuing and proactive guidance. With FPA s focus on our clients best interests, we instill confidence in their human resource department, allowing them to concentrate their time and energy on what matters the most, running and growing their business. We offer: Qualified retirement plans We work with you and your other trusted advisors to accomplish the following results: Design and implement a qualified retirement plan which best meets your company s contribution objectives in the most cost-efficient manner, while providing company contribution flexibility to meet economic challenges. Minimize fiduciary liability exposure when considering investment options and recommend the plan investment structure that aligns best with the specific needs of your company. Provide employee retirement plan education to help employees make smart salary deferral and investment choices based on their age and risk tolerance. Coordinate, attend and document an annual trustee meeting to review the investment selections, thereby helping to meet the plan sponsor s fiduciary responsibilities. Benefit & market analysis When designing an employee benefits package, we work with you to define your objectives and expense parameters and do the following: Develop and implement the components of the benefits package. Meet with your employees to explain their benefits in an understandable manner, both initially and when changes may be made. Review the benefits package annually to ensure maximum cost efficiency. Administrative support & employee assistance To minimize an employer s internal administrative responsibilities, we do the following: Enroll new hires and terminate former employees into and out of benefit plans. Assist employees with benefit claims and family status change. Interface directly with benefit providers to resolve billing, enrollment and claim issues. Guide retiring employees through Medicare coverage options. Convenient Access to Benefit Information HealthConnect, offered by FPA Business Solutions to qualified clients, is an HR and employee intranet portal that includes the following features: Stores and manages employee data to facilitate HR management. Allows convenient employee access to all benefit plan information. Provides ability to download employee benefit forms. Provides easy employee access to company announcements. COBRA Administration When notified of an employment termination, we assist the company in fulfilling its responsibilities under COBRA regulations: Notify former employee of COBRA eligibility. Facilitate employee s COBRA elections. Work with the COBRA administrator to help facilitate payment processing. Executive wealth management Through our Advice for Life SM program, offered by FPA Wealth Management, the following services are made available to key employees: Personalized, in-depth financial analysis. Customized financial plan. Ability to track financial status through a secure internet portal. Business Succession Planning Working in a collaborative manner with the business owner s other trusted advisors, we offer the following: Define owner s retirement financial needs. Integrate owner s financial plan with business succession alternatives. Consider and present cost-efficient alternatives to implement a succession plan.

5 Independence Powered by LPL Financial Financial Planning Associates, LLC is backed by the resources of LPL Financial, the nation s largest independent broker/dealer.* This relationship provides us with industry-leading, unbiased research and a comprehensive array of tools, resources and technology. Because LPL Financial has no proprietary products to sell, we have the freedom to offer you objective financial guidance. * As reported by Financial Planning magazine, June , based on total revenue. Securities offered through LPL Financial, member FINRA/SIPC. Thank you for your interest in Financial Planning Associates. Whether you are seeking holistic financial advice for yourself and your family or strategic guidance for your company s retirement and benefit plans, it would be our pleasure to offer you our personal service, proven strategies and trusted advice. We invite you to call us to schedule a no-obligation consultation to learn more about how we can help you pursue your goals West Baltimore Pike, Suite 4, Media, PA T F To learn more about us visit us at: