Family Wealth Management

 

 

Fountainhead Financial Management, Inc., and Richard Paul Probst, CFP® are committed to building great relationships with clients in order to assist them with four basic objectives related to their financial well being:

 

        
  •  Create & Grow Wealth

  • Protect & Preserve Wealth

  • Manage the Distribution of Wealth During the Client's Lifetime

  • Manage the Distribution of Wealth after the Client's Death

Our goal is to help our clients to accomplish these four objectives, in the most tax advantaged way possible, keeping in mind each client's unique attitudes and values. To this end, we have created a disciplined process to ensure that we can deliver ongoing value to our clients in each of the four areas.

13 Fundamental Wealth Management Issues

As our client's primary trusted advisor, we constantly monitor 13 critical issues important to their financial well-being and the proper management of their wealth.  Because each Wealth Management Issue ties into another, our process ensures that what we do to assist a client in one area is closely coordinated and designed to work optimally with what is happening in the other areas throughout every phase of a client's life.

 
1)  Investments 8)  Gifting Plan to Family during Lifetime
2)  Insurance 9)  Gifting to 501(c)(3) Charities
3)  Banking, Credit, Loans & Liabilities 10) Titling and Property / Asset Ownership
4)  Retirement Plans & IRAs 11) Executors / Successor Trustee
5)  Employee Stock Options 12) Disposition to Family / Transition to Descendents
6)  Business Succession 13) Disposition to Charity / Legacy Plan
7)  Incapacity Plan / Powers of Attorney  

 

Many people attempt to manage each of these issues individually either by themselves or with several different advisors. We find that clients without one "Go To" advisor sometimes take unnecessary risks or make costly mistakes due to a lack of coordination in their financial management. By working with Fountainhead Financial and Richard Paul Probst, CFP®, our clients receive a plan based on their current situation, values and goals which is measurable, consistent and monitored on an ongoing basis.