Services
Metis Wealth Management was established to provide honest and trustworthy financial advice . We believe everyone deserves access to an innovative balance of investment options and unbiased planning advice. We offer a broad range of portfolio management and financial planning solutions customized for your specific goals and life stage because investor’s needs and priorities change over the course of their lives.
Investment Management
Objective Investment Advice
We take a long-term approach and build balanced, diversified portfolios at the appropriate risk levels for our clients. Over time this helps reduce volatility and, more importantly, it keeps people invested through the ups and downs of the market. An important part of our job is behavior management. We are here to help you during uncertain times. We aren’t necessarily trying to outperform the markets in any one quarter; rather, we are focused on taking the least amount of risk necessary that allows you to meet your long-term financial goals.
Financial Planning
Not Sure Where To Begin? Let Us Help
The scope of a financial plan is defined by you at the start of our engagement. Our available services cover everything from funding an education plan to structuring trusts for estate planning. The conversation starts with the questions that you have about your financial future. We’re here to listen to your concerns and formulate a plan that gives you confidence you’re on the path to achieving your goals.
Retirement Planning
Do I Have Enough To Retire?
The idea of retirement is at once exciting and terrifying. The retirement services we offer generally fall into two categories: If you haven’t retired yet, the conversation starts with your goals and needs for life after work. Then we compare what you currently have to what you will need to live your best retirement. If you’ve already retired, we can work with you on preserving your wealth and developing a consistent income stream.
Social Security Optimization
When should I take Social Security?
When to begin social security benefits is one of the most important decisions made in retirement. It is also complicated. There are many factors to consider including: previous marriages, current health, other financial resources, current work status, etc. Waiting until age 70 will get you the largest monthly benefit, but that is not always the best answer for everyone.
Small Business Counseling
Elite Advice & Professional Help
Savvy small business owners already have a team assembled to help them run their business: accountants, lawyers, insurance agents, etc. However, when it comes to a financial consultant they may not know where to turn to get unbiased, professional help. As a small business owner ourselves, we love working with other entrepreneurs and assisting them with their financial questions. Interested in setting up a retirement plan for you and your staff? We can help you determine the qualified plan that is right for you based on your economic circumstances, demographics, budget and goals. Just starting out? We can provide counselling on the different business entity types, the pros and cons. Perhaps you are interested in investing in a start up business but want a second opinion. We are happy to review financial material for angel investing opportunities. As an independent Registered Investment Advisor, we are uniquely positioned to provide you with professional financial counselling.
Tax Planning
We plan and invest with taxes in mind
From buying and selling a home to charitable gifting, taxes touch many parts of our lives. This is why tax planning is an issue that comes up for nearly every client. Although almost everyone owes some amount in taxes, there are many strategies we can use to help lessen your tax burden. We recommend and implement tax savings strategies for clients and we always consider taxes when making decisions for our clients’ portfolios. Whether you are a young professional just starting out or you are in retirement, it is never too early or too late to think about tax planning.
College Planning
Setting A Plan In Place For The Future
With the incredibly high cost of college, parents can no longer wait until their child is in high school and hope for the best. We have helped many parents and grandparents save for higher education over the years which has enabled graduates to minimize their debt. Most parents say that this is the greatest gift that they can give their children- a college education. College planning begins with your goals for your children. Will they attend an Ivy League school or a state University? Do they have access to any grants or scholarships? Are you planning on 4 years of school or trying to cover advanced degrees as well? We can guide you through the process and suggest ways to mitigate costs and keep expectations in check. In the process we will examine your budget and explore ways to save with guidance on the best types of accounts to use for this purpose. Working with a planner takes the fear out of the unknown and puts you on the path to success.
Estate Planning
Let Us Help You Implement A Plan.
The right time to consider an estate plan is when you are still alive. If you wait until you are gone and have not taken the appropriate steps, the state will take care of it for you and divide up your assets. However, it will be a slow and costly process and it may not be distributed as you would like. Therefore, even though we hate to think about it, planning for your death is prudent and necessary to protect your loved ones. An appropriate estate plan may have some (or all) of the following elements:
- A will
- Trusts
- Durable Powers of Attorney
- Healthcare Proxy
- Living will
- Correct titling of assets
- Beneficiary review and coordination
- A summary of assets with contact information
- Bequests to charity
- Letter regarding final wishes
A good Estate Attorney obviously plays a vital role in the legal framework of an estate plan. However, equally important is the role played by a CERTIFIED FINANCIAL PLANNER™ in helping you implement the plan.
Trust Services
A Popular And Powerful Way To Protect Assets
Trusts remain a popular and powerful way to distribute assets, gift to charity, provide legal protection for trust assets, mitigate taxation and set parameters on how funds may be used after you are gone. We often recommend using trusts to accomplish a wide variety of goals. In planning we may identify ways that you can use trusts, or we may discover some gaps in how your existing trusts have been implemented.
Here are some common types of trusts:
- Revocable or Living Trust
- Irrevocable Trust
- Charitable Trust
- Special Needs Trust
- Irrevocable Life Insurance Trust
- Testamentary Trust
- By-pass Trust
Charitable Giving
We Can Assist With The Complex Task Of Giving Gifts
In teaching children how to manage money it is common to talk about three buckets: Spending, Saving and Giving Away. Although most financial consultants focus on the spending and saving, the third bucket is just as important and maybe the most rewarding. Charitable giving is critical to society but as your wealth increases so too does the complexity of giving money away. Should you give cash or appreciated stocks? How much can you give (to family members) annually without exceeding your gift tax exemption? With the new tax laws should you consider Donor Advised Funds? What are the benefits and risks of setting up a Charitable Remainder Trust? A CERTIFIED FINANCIAL PLANNER™ can offer great advice in charitable giving and help you implement your plans.
