Services at
The Bethesda Group
With over 25 years of experience assisting clients through financial transitions, we offer a broad range of scalable services. Backed by The Bethesda Group’s nationwide network of financial professionals and investment managers, we also collaborate with accountants, attorneys, mediators, and other professionals to provide comprehensive support at every stage.
Comprehensive Financial Planning
Comprehensive financial planning considers every aspect of your financial life from your income, to your budget, to paying off debt, to managing your financial risks using insurance, to asset management, to tax mitigation, to estate planning and more. Our seasoned team of wealth advisors include those with extensive training and experience in financial planning, with designations requiring it.
At every stage of life, you face transitions and new milestones, and we are here to help you throughout your journey with a comprehensive financial plan that is a living, breathing document. Your plan is not static, it changes as your circumstances and needs change throughout your life. We review and reassess with you, providing new strategies to meet personal, as well as legislative and economic changes that can affect your plan.
Developing Your Personal Financial Plan
Your Personal Financial Plan will help provide both the strategy and the discipline to answer these key money questions:
- Where do I go to see everything financially that relates to myself and my family?
- How much money will I need to meet my objectives?
- How do I evaluate the different types of risks that affect my investments?
- What adjustments do I need to make to stay on track?
- How can I assess the impact of a major financial decision…before I make it?
Life Transitions
We Can Help You With
Getting Ready to Retire Loss of a Spouse New Child or Grandchild Inheriting Money Going Through a Divorce
Navigating life transitions can be challenging, especially when emotions run high and financial decisions must be made. During these pivotal moments, understanding your options is crucial. We recognize the financial and emotional factors at play and are committed to guiding you through every step of the process. Your concerns are our top priority, and we’re here to provide the clarity and support you need to move forward with confidence.
Wealth Management
Wealth management includes invested assets as well as other out-of-the-box alternative strategies as part of your well-rounded financial plan. We work with individuals, couples and families to manage their wealth through the generations, starting with your unique goals and objectives. For each stage of their financial journey, every investor deserves to feel empowered in owning their financial success, with access to the tools and guidance of a trusted wealth advisor as the mechanism to help get them there.
Charting your course towards reaching your financial goals should be simple, free from jargon and scalable to match your stage of life. No matter where you are at in your financial life, our robust nationwide team of financial services professionals works together to provide customized plans and wealth management services designed to help you achieve your life’s ambitions.
Retirement Planning
Starting your retirement plan early can give you the best chance to retire and stay retired living your desired lifestyle. We help with Social Security planning, Medicare choices, tax-efficient distribution planning and much more, and we stay by your side for life.
Many people headed into retirement don’t realize just how big this transition is. Do you know what you will be doing with your days once you stop working? Do you know about Social Security optimization, Medicare rules, or required minimum distributions which are mandated by the IRS beginning at age 73? Do you know that you will be taxed on funds held in traditional retirement accounts like 401(k)s and have you calculated that out into the future? Let’s meet as soon as possible to discuss your retirement.
Insurance Planning
Having adequate protection to protect you and your family from potential risks is an important part of your financial plan. We will help to create a plan that can provide for dependents in case of death, replace your earning power if disabled and much more.
Addressing health care concerns while providing for potential long-term care costs is another aspect of insurance planning. Additionally, we will also analyze and help you understand your auto, home and personal liability protection.
Tax Planning
We help you manage both federal income taxes and state income taxes working with your CPA or tax professional, and can be involved with projecting your federal and state income taxes. We also analyze how your investment choices affect your income taxes.
Additionally, we can help you plan ahead to potentially mitigate taxes in retirement, which is especially important if you have a lot of assets held in taxable accounts like traditional 401(k)s.
Estate Planning
If you have a family and/or assets, you need an estate plan—it’s a myth to think otherwise. Wealth.com provides a flexible and personalized approach to estate planning, allowing our team to tailor each plan to meet your unique needs. Whether you are just beginning your estate planning journey or refining an existing strategy, Wealth.com equips us with the tools to guide you every step of the way, helping to keep your plan focused on your individual financial goals and circumstances.
If you have an estate attorney or have complex needs, we can work as a team with estate attorneys and other professionals to create innovative trusts and strategies to help you pass on a tax-advantaged legacy to your heirs and/or charities, documenting your desires for a stress-free transfer of wealth which can potentially bypass probate.
Divorce Planning
We help you piece your future together, providing clarity for the difficult decisions you face before, during and after your divorce. Trained in mediation and collaboration, we can help you understand your options, your financial “big picture,” know how to gather the financial documentation you need during the transition, and provide assistance with the movement of assets and other financial matters after divorce.
With more than 25 years of experience helping clients in times of financial transition, our professional designations include CDFA®, CFP®, ChFC®, CLU® and JD. In addition to the nationwide team of financial professionals and investment managers at The Bethesda Group we also have an extensive network of accountants, mediators, attorneys, real estate professionals and mental health providers to assist you at every turn.
Resources
As part of our core values, The Bethesda Group believes in improving financial literacy for all, and we believe you should be an active participant in your own financial success. Browse the resource library here—we invite you to read, watch, download, and learn about the basics of finance and retirement. And remember, please feel free to reach out if you need any help with a life transition!
