Services

Managing Your Financial Needs by Life Event

During every phase of life, your situation – and financial needs – change. Throughout your life’s journey, your experienced Smith Moore financial advisor can provide ongoing guidance and utilize the best mix of resources, customized for your specific needs. Every step of the way, we will help you create and maintain the financial peace of mind you need to enjoy the best possible lifestyle.

Starting Out

Many clients come to us when they are in college or about to graduate from college, looking to establish a solid foundation that they can build on for a lifetime. And, like all of our clients, their ultimate goal is financial independence.

When you’re starting out, we can help you to develop a detailed road-map that can lead to financial responsibility. Your Smith Moore financial advisor can help provide financial clarity and guidance to help you with such issues as:

Creating a budget
Preparing for the unexpected
Determining an investment strategy
Planning for retirement

Getting Married

When joining your life with your new spouse, it’s important to develop a financial plan that you both agree on so that you can achieve the common life goals that you both desire.

Marriage introduces changes in a new couple’s financial situation that can affect all aspects of your lives together. Your Smith Moore advisor can help provide financial clarity and guidance to help you with such issues as:

Creating a budget
Preparing for the unexpected
Determining an investment strategy
Planning for retirement

Buying a Home

When considering the purchase of a home, it is important to investigate all aspects of budgeting for a mortgage, purchasing homeowners’ insurance and paying taxes. You will want to make sure that you will be able to afford your home, even if you temporarily lose your income.

To be as ready as possible to buy your home, be sure to look closely at all of the financial aspects in advance. Your Smith Moore financial advisor can help provide financial clarity and guidance to help you with such issues as:

Creating a realistic budget
Evaluating financing options
Determining tax implications
Planning for insurance payments
Preparing for the unexpected

Starting a Family

Before your first child arrives to your soon-to-be growing family, you can begin to plan for the future. This means evaluating home and living expenses, school and college expenses, tax implications, and insuring your family for both now and tomorrow.

It’s important to develop a financial game plan so that you will have sound options for all of your upcoming expenses. Your Smith Moore financial advisor can help provide financial clarity and guidance to help you with such issues as:

Creating a budget
Education savings
Emergency savings
Retirement savings
Estate planning

Changing Jobs

Changing career, and life, paths requires foresight and careful financial planning. You may need to generate income from your savings or investments to help you achieve your new career goals.

Whether you want return to school to enhance your career skills or starting a new business, your Smith Moore financial advisor can help provide financial clarity and guidance to help you with such issues as:

Generating income from your investments
Determining if you have enough invested
Evaluating and helping to manage your retirement savings

Coping with Unemployment

Coming to terms with unemployment means breaking from the past and looking with optimism toward the future. Optimism comes easier when you have a plan in place to help make this trying time a bit easier.

While no one likes to think about the possibility of unemployment, you can be prepared. Your Smith Moore financial advisor can help provide financial clarity and guidance to help you with such issues as:

Creating a budget
Preparing for the unexpected
Cutting back on expenses
Exploring possible tax breaks
Protecting your retirement account

Caring for an Aging Parent

As the population grows older and life expectancy increases, many people find themselves responsible for the care of one or both elderly parents. Should you find yourself in the role of caretaker, it is important to know that you have options.

If your parents need financial assistance, it is critical to gather relevant information, conserve assets, and make decisions for the future. Your Smith Moore financial advisor can help provide financial clarity and guidance to help you with such issues as:

Developing a budget for your parents’ basic living expenses
Stretching your parents’ assets as far as possible
Creating strategic investment opportunities to generate additional income
Managing your retirement savings

Getting Divorced

An unexpected life event such as a divorce can instantly affect everything from your tax status to your monthly and yearly income. Developing a fast action plan is critical for the well-being of both you and your children.

There are many important decisions that must be made while transitioning from married life. Your Smith Moore financial advisor can help provide financial clarity and guidance to help you with such issues as:

Evaluating assets and debts
Managing cash flow
Reviewing your retirement benefits
Strategies for managing alimony and child support

Financial Windfall

Whether it is through your hard work, inheritance, investments or other sources, new wealth comes with great responsibility. Navigating the tax structures and other financial factors are key to managing wealth for both you and future generations.

It is imperative that you protect and maximize the benefit of assets created or received. Your Smith Moore financial advisor can help provide financial clarity and guidance to help you with such issues as:

Investment planning and management
Tax planning
Estate planning
Philanthropic strategies and planning

Loss of a Spouse

The grieving process often coincides with settling estates, serving as a trustee, and even inheritance issues. Helping to manage all of the financial and administrative issues of a deceased loved one can often be a frustrating and overwhelming experience.

Thankfully there are ways that may help to simplify this important process. Your Smith Moore financial advisor can help provide financial clarity and guidance to help you with such issues as:

Financial issues related to settling the estate
Managing inherited assets
Legacy planning