What We Do
Tools to pursue your Goals.
At Woodcrest Financial Group, our services encompass more than just investment management. We offer a client-focused approach to help you pursue your goals faster and more efficiently. Through frequent and clear communication, we educate you about your financial plan so you can stay ahead of market changes and on track toward your goals.
Financial Planning
We haven’t been focused on saving for retirement, can you help get us on track? When will we be able to retire?
We create customized financial plans specifically to answer these questions. Some examples of things reviewed in the plan are: if you need to save more, or reallocate assets to help with future taxes, how potential health issues impact the plan, and when is the earliest you can retire. We do this by making sure we’ve accurately captured your information, provided insight into areas that impact your plan, and reviewed strategies that help make your plan more stable.
Retirement Income Planning
When is the best time to take Social Security? How can I generate income in retirement?
As retirement approaches, it’s crucial to prepare for the income you will rely on when your career ends. To help you prepare for this next chapter of life, we model various scenarios of when to take Social Security and review options for more efficient and stable income in retirement. We utilize advanced planning tools that compare different strategies to uncover the most appropriate path for you.
Investment Management
How can I position my investment portfolio for maximum returns?
Our objective when managing your money is to invest in a way that brings you added peace and confidence in your future based on your risk tolerance. We utilize money managers to manage client accounts in a flexible, low-cost, highly diversified, and transparent manner.
Estate & Legacy Planning
How much will my children inherit? Do they need to worry about taxes from their inheritance?
Constructing a well-designed legacy plan can make a significant impact on your future and the future of your loved ones. We help you develop a strategy that enables the efficient transfer of your legacy while helping to shield your family from unnecessary fees and avoidable taxes.
Tax Planning
How can I reduce my taxes? How can I minimize the impact of taxes on my retirement savings?
Good financial planning isn’t just about what you make; it’s also about what you keep. Tax planning is trying to make calculated decisions that evaluate your taxes today vs what it maybe tomorrow by evaluating strategies that reduce or eliminate unnecessary taxation. We work with clients on tax-efficient strategies that help mitigate the effects of taxes on their retirement savings.
Risk Management
What is my risk tolerance? How much risk is too much?
An essential part of our philosophy is to reduce risk whenever possible. Using a mix of financial strategies, we take care to expose your overall plan to as little risk as possible while maintaining the growth potential necessary to help pursue your goals. We also stress-test your financial plan to see where you may be at risk of losing money.
Advice & Education
As experienced advisors, one of the most important parts of our job is to educate our clients so they can make the right decisions about their financial futures. When speaking with people, education and transparency is crucial in setting the foundation for our financial relationships.