To give you an idea of what The Asset Advisory Group can do for you, we invite you to look at ways in which we have helped other individuals:

 

An Up-And-Coming couple looking for answers…

The private business owner In uncertain times, the incremental decisions made along the way are more crucial than ever to future success. We were contacted by a couple years from retirement, but on the path for tremendous success. Despite having assets tied up in employer plans, they had a strong desire for planning services to make sure they were on track to meet their goals. In response, we designed a program that allows us to help successful individuals and families not yet ready for full wealth management services to make the smartest money decisions possible. By applying our planning techniques earlier rather than later, we are able to do more than just provide input on how they have done; we are building on their solid foundation to ensure they reach their goals as effectively as possible.

A couple nearing retirement…

A couple nearing retirementA client who was planning to retire asked us to help him and his wife determine the best time for him to leave corporate America. He was living in Boston and she was building their retirement home in Colorado. We helped them secure a mortgage lender for their construction. We met in Cincinnati with their CPA to plan the best way to distribute the assets from his company retirement plan, and put together a stock option exercise strategy. Upon retirement, we assisted him with the completion of his distribution paperwork from his retirement plan. Since retirement, we have set up a monthly income from their investment portfolio and correspond via email or phone at regularly scheduled intervals and as additional questions arise.

The President of a publicly traded company…

The president of a publicly traded companyWhile President of a publicly traded company, our client was concerned about his concentration of wealth in the company’s stock, but also worried about the board of directors’ reaction to any steps he might take to diversify out of it. He held multiple residential properties and investments, and was not sure how to coordinate his financial resources to prepare for life outside the company. We worked together to diversify out of the stock while communicating with the board. We assisted him with the sale of one home, the financing of a second and purchase of another. We conducted an evaluation of all his holdings and provided him with recommendations to improve his situation. When he decided to leave the company, we created a cash flow stream to support his lifestyle while helping him evaluate new employment opportunities.

The private business owner…

The private business ownerWe were contacted by a business owner who made the decision to sell one of his companies. The sale was structured to include an Employee Stock Ownership Plan (ESOP) and the personal guarantee of debt by our client. We designed an investment structure to preserve the tax deferral provided by the ESOP while allowing our client to invest in a more diversified investment portfolio. We interviewed and selected the credit providers needed and monitored the collateral account for compliance with the loan. We consolidated other investments acquired through the years from a variety of companies, and diversified them to provide a source of consistent supplemental income.

A recent widow…

A recent widowAfter a client was widowed, she needed guidance through her husband’s estate settlement as well as help organizing the family finances. Prior to his death, her husband was able to provide her with the location of the various accounts, but she had never handled them on her own. We assisted her in completing all the necessary beneficiary paperwork, and consolidated accounts from several different places so that she now receives her monthly portfolio statement from one source. We helped her prepare a monthly budget, constructed an asset allocation based on her risk tolerance and income needs, and set up a monthly paycheck from her portfolio. When her father died the following year, we provided the same service to her mother. We were able to give each of them the freedom to grieve without worrying about their financial security.