Broker Check

Friendswood Office

907 South Friendswood Drive,

Suite 213
Friendswood, TX 77546

Wealth Management

Planning For The Phases Of Your Financial Life

As you strive to grow your personal net worth, the financial challenges you face become increasingly complex. While some investors have strategies in place to grow their assets and manage risk within their portfolios, many do not have an efficient plan for dealing with the tax implications that result from the distribution and transfer of the assets they have worked so hard to accumulate. 

Capitalizing on opportunities to preserve, grow, and transfer your wealth requires the  guidance of a professional who knows and understands your long-term financial goals. This is where Waypoint Financial and our Wealth Management Process can help guide the way!

Wealth Management refers to the coordination of various strategies that encompass all phases of your financial life, from the accumulation of assets, to risk management, to tax strategies, to retirement and estate planning. The easiest way to conceptualize wealth management is to think of it as the logical transitions of your financial life:

  • The accumulation of wealth. Construction of a solid, financial base sufficient to pursue your financial objectives.
  • The protection of wealth. Creation of a strategy aimed at preserving your assets from erosion due to unexpected expenses, inflation, market decline, and taxes.
  • The tax-advantaged distribution of wealth during life. Development of a sophisticated tax management plan to enhance your asset base by minimizing your tax burden and allowing you to distribute your assets according to your wishes.
  • The tax-advantaged distribution of wealth at death. Planning for the controlled distribution of your assets at death—to whom you want, when you want, and at the lowest possible cost.

Wealth Management Planning seeks answers to those tough economic questions and helps guide the decisions that come with modern living. Waypoint Financial’s Wealth Management program divides these issues into seven modules—each focusing on a different area of your financial life:

  • Retirement planning: how to create an accumulation/distribution strategy that will help to insure your desired retirement lifestyle
  • Income planning: how to generate income tailored to your specific needs and goals
  • Accumulation: how to target asset growth
  • Risk management: how to protect your assets
  • Taxation: how to minimize your tax burden
  • Business planning: how to grow and manage your business
  • Estate planning: how to preserve your assets

While not all of these modules will apply to your situation, we believe that identifying and addressing those that are pertinent will help you to better manage your financial future.

Create a comprehensive plan 

The process starts by examining the wealth strategies universe and its components. By exploring each wealth management topic in detail, we'll determine which ones require our immediate attention and which ones are more long-term in nature. From our findings, we'll assemble an implementation plan for your financial future. 

No matter what your level of wealth, working with us can help you pursue your goals. Together, we will go through a comprehensive process for managing your financial life and creating a long-term plan customized to your needs.