Financial Planning

Financial planning takes many factors into consideration, which is why the financial advice we share on our website is general. 

The reality for many of our clients is that there are simply too many investment options, too much information about what they should do with their funds, and how to best navigate the markets (especially during turbulent times).

At KRD Wealth Management, we help our clients make sense of these vast array of choices by guiding you into a sound financial plan that takes into account your stage in life, risk temperament, tax concerns, and personal circumstances and preferences. We believe the real value of our financial planning derives from our ability to offer independent and objective investment advice.

Our financial planning process is holistic, and goals based. As part of our financial planning and investment management services, we help evaluate your insurance needs, estate planning, disability protection, long-term care protection, business succession and retirement planning goals.

With Certified Public Accountants and Certified Financial Planner® under one firm, we invite you to discover the unique ways we work with our clients and the standards of professional and ethical excellence that embody our client relationships.

Investment Planning

One of the first things we address is your investment plan. We believe that to maximize the probability of reaching your financial goals, you will need to have a suitably allocated portfolio. We allocate stocks, bonds, and alternative investments according to your individual needs and risk tolerances. We also know that goals shift, so after an initial reallocation, we will continually evaluate the portfolio in light of any changes to your goals, risk tolerances, or life circumstances.

*Asset allocation does not assure or guarantee better performance and cannot eliminate the risk of investment loss.

Risk Management

Protecting your finances from the unexpected, like death or disability, is vital to the long-term financial security of your family and/or your business. We can help you determine your insurance needs and help implement a suitable plan.

Tax Planning

We believe that an effective financial plan is a tax-optimized plan. We use several strategies to maximize the tax efficiency of your assets and cash flow.

KRD Wealth Management will work with your personal tax preparation provider. We can also introduce you to our KRD team of highly-trained and experienced Certified Public Accountants, Tax Specialists, Certified Valuation Analysts, and Audit Professionals, to provide you a superior strategic tax and financial plan for your personal tax and business practices.

Budgeting/Cash Flow Analysis

It is important to know how much of your money is coming and going and where it is going. We break down your finances to help you get a grasp on your earnings and spending so that you can budget more smartly.

Education Planning

Education costs increase yearly, so your children’s education may depend on the savings you build up now. We are equipped to help you navigate college savings accounts and determine the right choices for you and your children.

Estate Planning

Estate planning can look many ways, so that is why the advice we share on our website is general. But with the help of experienced estate attorneys and estate planners, we will coordinate to minimize estate tax and maximize opportunities for you to provide to your heirs and chosen beneficiaries. Together, we will help you leave the legacy you desire.

KRD Wealth Management does not provide tax or legal advice. Please consult a qualified professional for assistance with any tax or legal issues, such as wills and trusts. The information related to estate planning is general in nature and does not constitute tax or legal advice or a solicitation for any such advice.

Charitable Giving

We have the expertise to help you identify and maximize your opportunities to benefit the causes and organizations that are important to you, both annually and as part of your estate planning.

Contact KRD Wealth Management Today

If you’d like to schedule your free initial consultation, or learn more about our financial planning and investment management services, contact us today at 847-849-5550 or contact us online.