Too often, we hear advisors ask “What’s your risk tolerance?” as they provide prospective clients with a risk tolerance questionnaire. But shouldn’t the question be “How much risk do you need to take in order to achieve all of your retirement goals?”

That’s what we believe, and is why our wealth management services focus on thoroughly evaluating each client’s financial situation, including tax, estate and financial planning strategies in order to help integrate all aspects of our clients’ financial lives.

Tax Planning & Preparation

Efficient tax strategies include vigilant selection of particular investments, as well as the timing of the purchase and sale of those investments. Our tax-related review process involves an in-depth analysis of each client’s financial situation in order to align their financial goals with efficient and effective tax planning. Our team includes an experienced Certified Public Accountant (CPA) with a deep understanding not only of tax preparation, law and IRS regulations, but also of our investment strategies. This combination can help provide clients with the benefits and resources for efficient tax preparation and tax-related questions.

Estate Planning

Your estate can only go to three beneficiaries: your family, charity, or to the government through estate taxes. Effective estate planning can help to lessen the impact that estate taxes may have on your estate, and may help from eliminating the legacy you have created over your lifetime.

Our estate planning strategy involves managing client portfolios to help ensure (in conjunction with a designated estate planning attorney) protection of the estate and to help leave a legacy to heirs. In addition to providing estate planning guidance, Reilly Financial Advisors will pay up to $3,500 toward the preparation of professional trust documents by an estate planning attorney for clients with $2,000,000 or more under management.

Just like a financial plan, your estate documents are living documents and need to be reviewed periodically to adjust for financial or lifestyle changes.

Financial Planning

Our financial planning process is focused on working together with our clients to help them answer two critical questions:

  • Will I Have Enough?
  • How Much Risk Do I Need to Take?

This includes the process of helping our clients define their financial goals, whether it be paying for college tuition, achieving a comfortable retirement or traveling the world. We understand that each client has distinctly different needs and goals; our objective is to serve them appropriately.

Once objectives have been clearly defined, we evaluate clients' assets to determine how to best fund their particular goals. The process involves intense evaluation, using both sophisticated software and traditional number crunching, and includes many types of analysis. We then provide clients with a detailed report, which includes a multitude of scenarios aimed at guiding a path toward reaching desired financial goals.

At Reilly Financial Advisors, financial planning is an ongoing process, not a one-time evaluation. We remain available to revisit the process continually, as circumstances and goals change and markets shift, in order to help clients stay on the right track.

Please Note: The scope of any financial planning and consulting services to be provided depends upon the needs of the client. RFA does not serve as an attorney, accountant, or insurance agent. RFA does not prepare estate planning documents, tax returns, or sell insurance products.