At FSPI, our services are solutions-driven, and delivered by a team of skilled fiduciary advisors. Our clients span a broad range of ages, income levels, and differing financial goals, and we pride ourselves on meeting the clients where they are in life, as well as helping them pursue where they hope to be. No matter what stage you are in life, now is the time to make a plan so that your money works for you, and we can tailor a plan to do just that.
At FSPI, we look at the bigger picture, incorporate all the necessary pieces of the “puzzle,” which interlink to create your personal financial blueprint:
Investments: we offer active and passive investment strategies, through transparent fee and commission-based portfolio management, with options including cost effective index funds and exchange traded funds, individual stocks and bonds, Unit Investment Trusts, actively managed mutual funds, and variable and fixed annuities when appropriate.
Retirement Goals: we know what it takes to create a sustainable plan to instill financial confidence, including withdrawal planning determined in consideration of the other components.
Taxation: we factor Roth conversions and other revenue obligations to strengthen your legacy plan.
Legacy Planning: we carefully review your personal and familial status prioritizing the wellbeing of your heirs to address circumstances such as death of a spouse, second marriages, and special needs children.
Insurance: we review your insurance coverage and can provide effective options for life and disability, long-term care, and group and health insurance offered via our strategic partners. Insurance decisions have a direct impact on legacy planning.
Business Ownership: we are adept at issues relating to buy-sell planning, recognizing the inherent challenges in “fair vs. equitable.”
Additional financial planning:
Retirement planning
Business associated plans such as insurance analysis, 401(k)s, Solo 401(k)s, SIMPLE, SEP and traditional IRAs, to include: ·
- Plan design
- Employee education
- Fiduciary support
- Investment monitoring
- Plan benchmarking
- RFP execution
Estate and tax planning in collaboration with attorneys and accountants
Before investing in ETFs and mutual funds, investors should carefully consider a fund’s investment objectives, risks, charges and expenses. Fund prospectuses contain this and other information and may be obtained by asking your financial advisor. Read prospectuses carefully before investing.
Converting from a traditional IRA to a Roth IRA is a taxable event. A Roth IRA offers tax free withdrawals on taxable contributions.
To qualify for the tax-free and penalty-free withdrawal or earnings, a Roth IRA must be in place for at least five tax years, and the distribution must take place after age 59 ½ or due to death, disability, or a first time home purchase (up to a $10,000 lifetime maximum). Depending on state law, Roth IRA distributions may be subject to state taxes.
For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Purshe, Kaplan, Sterling Investments nor any of its representatives may give legal or tax advice.