The goal of Green Harbor Financial is to help individuals and families accumulate, preserve, and effectively distribute wealth; to help manage tax liability and portfolio volatility; and to provide an integrated approach to their financial lives. The clear advantage of working with an independent financial consultant lies in the range of strategies, services and products that can be utilized, without bias, to help any particular client best address their needs.
Trusts and Foundations
- Investment Advice. It is more important than ever to get good investment guidance, regardless of the size of your accounts. Clients are able to have whatever type of investment account best suits their needs (fee-only, taxable, retirement, trust, etc).
- Portfolio Review. An analysis of your current investments, showing specific investments and overall portfolio balance, in an easy-to-understand format.
- Annuity Review. Annuities are evolving at a rapid rate, with living benefits (e.g., step-ups and lifetime income) and death benefits getting better all the time. Older annuities often do not provide the same range of benefits.
- 403(b) Services. If your plan allows, we provide you with guidance in making product, investment, and allocation decisions.
- Windfall Asset Management. Inheriting or winning a large amount of cash creates a number of questions about how best to deploy or manage it.
- Sustainable Investing (SRI, ESG). For clients with an interest in sustainable investing or socially responsible investing, an individual investment plan can be developed that includes appropriate investment vehicles.
- Life Insurance Review. We can provide guidance on the amount of life insurance (if any) you should have, and help you objectively assess the quality of the insurance products you own. It's important to understand the true costs and benefits of different kinds of life insurance, and to have the right levels in place.
- Disability Income Insurance. People often do not understand what their coverage is, how it works, or how to go about deciding if supplemental coverage is warranted.
- Long-term Care Insurance. Long-term care costs are among the biggest threats to retirement assets. As with all insurance products, it is necessary to take a clear-eyed view of costs and benefits—and ultimately, to have the right coverage for your situation.
- Wealth Transfer. This includes working with your attorney to create an estate plan, and managing assets in order to best realize the goals defined by the client.
- Fee-based Portfolio Management. In a fee-based portfolio, clients do not pay commissions or trading costs, but rather a comprehensive fee these costs as well as professional portfolio management. This includes devising investment strategies for the short, medium, and long terms.
- Tax Management. Specific tax advice is not provided, but investment strategies, trades, and advice related to managing or reducing tax liability can make a significant difference over time.
- Job Transition. Making a job transition can raise a lot of questions, such as what to do with your old retirement plan, or how to evaluate new benefits. It could be beneficial to take control of your assets.
Trusts and Foundations
- Managing assets in revocable, charitable, special needs, and other trusts.
- Combining access to corporate trustees with personalized asset management services.
- Funding options for irrevocable life insurance trusts (ILITs).
- Assistance in establishing and managing private foundations.
- Retirement Income Planning. An approach that integrates investments, pensions, Social Security and other sources of income to help set expectations and rationalize retirement asset draw-down strategies.
- Comprehensive Financial Planning. After an initial consultation, we might decide that a comprehensive financial plan is necessary. This would include an analysis of your net worth, cash flow, income tax situation, insurance needs (life, disability, long-term care), education funding, and estate planning. Other topics are included as necessary.