Financial Planning & Wealth Management

#1) In SHORT / SUMMARY, Financial planning and wealth management are about Wealth Creation & Preservation. It is about helping clients Improve their Budgets, Investments Diversification, and Emergency funds; and Safeguarding their Savings, Disposable Income, and Assets Value, using appropriate asset allocation strategies in conjunction with each clients Goal and Risk Tolerance.

#2) Financial Planning & Wealth Management are keys for achieving Financial Security, Peace-of mind, and the Flexibility you will have with your time to make decisions that fit your Lifestyle, now and in the future.

I would like to ask you three questions.

If you answered "NO" to any of the questions above, you may need to pay closer attention to them.  Here are the coverages for your Bank Account and Brokerage or Investment Account:-

Bank Accounts:- The rate of return on EACH individual account (Savings, CD, IRA; Money Market, Bonds etc.) is usually a FIXED Rate for a duration of time. Each Account is insured for up to $250,000; and each joint account is insured for up to $500,000 by the FDIC.

Brokerage / Investment Accounts:- The share price for STOCKS will vary in accordance with the present economic condition. However, If you have an investment account or Cash Management Account with a Brokerage Company, here are the insurance coverages:-

**A Fidelity Cash Management Account is insured for up to $5 million.

** A Betterment Cash Reserve Account is insured for up to $2 Million ($4 million if it is a joint account).

**A Wealthfront Cash Account is insured for up to $8 million.

Question:- "I was defrauded in a Financial Scheme. I invested $32,500 in a project and I loss everything. Details of the entire scheme were in the news. Can I claim this loss on my tax return?"

Answer:- You may qualified to receive a tax deduction if you are a victim in a Ponzi Scheme or a Pyramid Scheme(Financial Scam/Fraud), whereby an Individual or a company had defrauded you and other investors; and the crime and financial losses are documented by an Attorney in a Class Action Lawsuit against the individual or the company. Bring us the LETTER that you received from the Attorney or the Court. The IRS and State will want to see the documentary evidence. You can call The IRS (800) 829-1040; and (800) 829-4933, from 7:00 am Eastern Standard Time(EST). The website is IRS.GOV.

Personalized Service we Offer

	We can simplify your Financial Affairs which may include a hodgepodge of brokerage accounts, and help you avoid highly speculative/opaque investments, where the risk cannot be genuinely assessed.
	Financial Planning, Tax Planning, Investment Planning and Insurance.
	Business and Individual Tax Preparation, including Foreign Bank Accounts(FBAR\'s), and other asset transations in accordance with the Foreign Account Tax Compliance Act (FATCA) and FinCEN.
	Advice on Real-Estate , Starting a Business; or Buying a Franchise.

Clients Testimonials

**NOTE:-You DONT have to believe whatever they are saying. EXPERIENCE it for YOURSELF. Call us today; and start doing business with us.

*"We had a variety of people looking at our financial situation and advising us, but we retained Barry to handle our financial affairs because we were impressed with the tax tips that saved us from paying a huge tax bill."- Sarah & Paul Lyons, NY

*"We were making minimum monthly payments of $2,500 on high-interest consumer loans and we could not get a tax break on the interest. We wanted to file bankruptcy, but the new rules were too stringent and we didnt want to ruin our credit score. Barry helped us reduce our monthly payment to $900. The best part is the peace of mind we are enjoying. Our payments are covered for one year in case one of us is unemployed. We are saving over $19,000 annually.

-Thanks, Barry.-Jerome & Angie Mattias, Brooklyn, New York

*"I used to live in New York and commute to work in New Jersey and Connecticut. I rented out my residence in New York and relocated to another residence I had in Georgia. I sold my residence in Georgia and relocated to California. I finally sold my residence in New York. Barrys tax and retirement planning advice saved me $18,000 in prepayment penalties, $30,000 in sellers concessions, $120,000 in capital gains tax, and $5,900 in income taxes. Barry has been preparing my tax returns and advising me for 20 years. I could not have chosen a better person to look after my interests."
           - Sylvia Fortune, District Sales Manager, Los Angeles, California

 

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