Financial Planning
Do I have enough for retirement? How do I pay less in taxes? How do I make sure my family is taken care of after I'm gone? Financial planning can help answer these questions and many more. As your financial planner, we help provide clarity and direction when it comes to your financial future. We help you set goals, create a place to reach those goals, and work to optimize your investments, minimize your taxes, and mitigate any risks that could derail your progress. Whether you are overwhelmed by money decisions and need education and guidance, you have a handle on your finances and just need a second opinion or help optimizing, or you don't have the time or interest to focus on your finances and want to outsource and automate most of the work, our financial planning services are for you.
CostTypical planning fee is $3,600 per year. Fee may be more or less based on complexity and will be quoted before we begin the engagement. Planning fee may be waived if you engage us to manage $2M of assets or more.
Goals & Objectives
Reviewing and prioritizing your goals and objectives.
Cash Flow
Developing a set of action steps to work towards your goals, and a plan for following through with them.
Investments
Reviewing your current investments and recommending a strategy that is consistent with your goals and objectives.
Tax Planning
Identifying strategies to minimize taxes over your lifetime and for your heirs.
Risk Management & Insurance
Identifying risks to your financial life and recommending options to minimize or mitigate those risks.
Giving Strategy
Guidance on making your giving more efficient and impactful to the individuals or organizations that you are passionate about.
Estate Planning
Developing a plan to provide for your loved ones, carry out your wishes, and minimize taxes in the event of your death.
Referral
Referral to other professionals, as required, to assist with implementation of the action plan.
Ongoing Monitoring
Ongoing accountability and progress monitoring so that you know where you stand.
Investment Management
The investment team at RWA is independent, which means our investment decisions and approach are not dictated by a corporate firm or a certain philosophy. Our team is free to collaborate with many other investment teams throughout the United State to study and to discuss the markets, current investment theory and practical applications for our clients. We regularly review primary investment approaches, such as indexing, factor-based investing and active management to construct portfolios that we believe will target the best risk-reward trade-offs for our clients.
CostOur advisory fee is a percentage of the money you invest with us (assets under management). The percentage is expressed as an annual amount, but paid each quarter and comes directly out of your investment account.
<$1 Million: 1.00%
$1-$2 Million: 0.85%
$2-$5 Million: 0.70%
$5-$10 Million: 0.50%
$10+ Million: 0.30%
Comfort
If you have ever invested on your own, you have probably had hesitations about whether you are making the right choice. We have the expertise and experience to ease those fears.
Performance
Most individual investors significantly underperform the market because they let their emotions lead them to buy and sell at the absolute worst time, they hold under diversified portfolios, they follow the advice of media and clueless friends and family members, they trade too often, and often times they are either too aggressive or too conservative for their risk tolerance and goals.
Proper Allocation
We can help translate you own risk tolerance, goals, time horizon, and tax status into the percentage of stocks, bonds, real estate, currencies, etc. that fits your situation, and what type of accounts you should hold them in.
Save Time
You can probably manage your own investments. But how much time are you willing to spend learning what you need to know and doing what you need to do to be confident that you are making the right choices?
Organization
Do you know how much you have and where it is all at? Just as important, do your spouse and heirs know? We can help simplify and organize your investments so that your financial life is easier to manage.
Asset Location
Taxes can erode otherwise good investment returns. We can help minimizing future taxes by placing the right assets in the right accounts, contributing to the right type of account, and taking distributions from the right account at the right time.
Budget Coaching
With PLG Budget Coaching, you can go from never having budgeted before to managing a fully functioning budget that actually works in just a few meetings! These tools along with guidance from our certified budget coach can take the hassle and confusion out of budgeting and help you see meaningful change in your financial life. We offer a range of packages to fit your specific needs and goals. Whether you need a single session to fine-tune your budget or a comprehensive plan to transform your financial life, we have the perfect option for you.
CostOne-Hour Session
For those seeking flexible, on-demand support.
$100
/session
YNAB-Certified Coaching
One-hour session
Personalized guidance
Targeted advice
Turn-Key Budget Build-Out
For those new to budgeting or looking to overhaul their financial planning.
$350
/budget
YNAB-Certified Coaching
Zero to fully functioning budget
Detailed budget implementation
Income, expenses, savings, and more
Retained Budget Coaching
For those seeking ongoing support and long-term personal financial coaching.
$1,000
/year
YNAB-Certified Coaching
Our most immersive and supportive package
Monthly check-ins
Continuous guidance
Ongoing support
Personalized Guidance
Whether you're a budgeting beginner or looking to refine your skills, our service is designed to accommodate any level of experience.
Expert Coaching
Chandler Batts, our principal financial wellness consultant, is a YNAB-Certified Budget Coach. With Chandler's expertise, you will receive tailored advice and strategies that work for your unique financial situation.
Flexible Options
We offer sessions both virtually and in person in Tyler, Texas, making it easy to get the support you need wherever you are.
Proven Tools
The YNAB software simplifies budgeting with intuitive tools that make managing your money straightforward and stress-free.
Reduce Financial Anxiety
Gain peace of mind knowing exactly where your money is going.
Increase Savings
Identify areas where you can save more and achieve your financial goals faster.
Control Your Spending
Make informed decisions about your finances and align your spending with your actual desires and priorities.