Step 1: Relationship Visit
Become acquainted with a team that cares.
We believe that a great financial plan begins with a great relationship. During our Relationship Visit, we strive to better understand who you are, what your goals are, and why they matter to you.
We have a saying at Crown Haven that the “Qualitative Leads the Dance”, and in fact, many clients are surprised that the last subject we talk about during our first discussion – after we understand everything else – are your finances; this is because once we appreciate and recognize the person(s) sitting in front of us, it’s simple for our Independent and Fiduciary team to skillfully guide you to your desired results.
This is the essence of our purpose-based planning method that is the cornerstone of our RetireSHIELD® process.
Armed with this information about your true desires, our next step will be to perform a thorough Portfolio Diagnostic to ultimately reveal to you how closely your current plan aligns with your goals.
✅ Sharing our Mission, Vision, and Core Values
✅ Explaining our Purpose-Based Planning Philosophy
✅ Discussing our RetireSHIELD® Process
✅ Identifying What Really Matters to You
✅ Determining Your Financial Circumstance
✅ Establishing Your Desired Outcomes
Step 2: Portfolio Diagnostic
To reach your destination, you must first know where you stand.
Our Portfolio Diagnostic is an in-depth analysis of your portfolio that observes your asset location and allocation, asset diversification or overconcentration, risk capacity, secure income sources, trading costs, other fees, and more.
This thoughtful examination reveals threats to your financial security and opportunities for improving your financial success, ultimately with the aim of determining how closely your current plan aligns with your stated objectives.
By understanding how your portfolio is currently helping you or hurting you, our team can begin to craft your custom-tailored RetireSHIELD® that will remove those threats, and take advantage of the opportunities discovered, so that your plan is in perfect alignment with your wishes.
🔻 Low-Cost Advisory Fee
🔻 Reduced Expense Ratios
✅ Minimize Trading Costs
✅ Optimized Asset Location & Allocation
✅ Optimized Secure Income
✅ Optimized Portfolio Diversification
✅ Establishing Your Desired Outcomes
Step 3: RetireSHIELD® Plan Design
Each RetireSHIELD® is highly customized to your unique goals, needs, and desires.
Based on the information we obtained from you during the Relationship Visit and Portfolio Diagnostic we are able to create your custom RetireSHIELD® plan.
This optimizes your portfolio to match your risk capacity, time horizon, income requirements, cash flow needs, growth objectives, and legacy desires. It encompasses all parts of your finances including 401(k), IRAs, Investment accounts, tax planning, estate planning, and more.
We also plan for capital growth and capital appreciation of your portfolio, with an added benefit of increased income, if desired.
✅ Secure Income Planning
✅ Longevity Planning
✅ Strategic Capital Appreciation & Growth
✅ Retirement Planning Including 401(k), IRA, and SEP Accounts
✅ Tax Planning
✅ Emergency Fund Planning
Step 4: Advanced Tax Planning
Our Team @ Crown Haven examines your portfolio to determine every legally and ethically viable way to reduce your tax burden.
We strategically determine areas in your portfolio with relatively large gains or losses and create a realization plan to minimize the tax consequences from selling the security – this is especially powerful for clients joining our firm.
Our team creates an intelligent withdrawal strategy for all clients to minimize the impact of income taxes in retirement.
We will offer advice on the benefit of Roth conversion as well as tax-free income planning by using advanced arbitrage strategies.
Tax season is made easy with our assistance in providing all necessary reports for your accountant or CPA.
✅ Tax Analysis & Minimization
✅ Intelligent Withdrawal Planning
✅ Tax Loss Harvesting
✅ Tax Reporting
Step 5: Long-Term Healthcare & Proactive Legacy & Estate Planning
Long-Term Healthcare & Proactive Legacy & Estate Planning are among the most ignored areas of financial planning, but they are some of the most important.
At Crown Haven, we identify a long term care plan for our clients that is cost-neutral, so that you can rest easy knowing that if the worst-case scenario does happen, that person will get care, and their spouse will be financially secure.
Every RetireSHIELD® is designed so that both spouses are covered in the event of an untimely passing, ensuring that neither spouse ever sacrifices their standard of living or has to deal with additional financial stress during their time of grief and mourning.
Wills, Trusts, and Estates make up a significant portion of your wealth. We work with a select group of highly skilled Estate Planning Attorneys who can work with you to review your current documents, create new documents to fill holes in your current estate plan, and keep your beneficiaries up to date.
✅ Long-Term Care
✅ Asset Protection
✅ Estate Planning Coordination
✅ Spousal Protection & Income Continuation
✅ Probate Avoidance
✅ Estate Tax Mitigation