Wealth Management & Planning

The Wealth Management & Planning process at Core Wealth Advisors combines the importance of asset allocation with the resources of a CERTIFIED FINANCIAL PLANNER(CFP®), Certified Public Accountant (CPA) and Personal Financial Specialist (PFS) to assist in the implementation and evolution of your plan.


Wealth Management

  • Asset Allocation
  • Investment Management
  • Risk Management
  • Tax Efficiency
  • Multi-Generational Issues

Our approach to wealth management is designed with one thing in mind – accomplishing your goals with a planning based approach. We believe investment management is process driven, not product focused, with a primary emphasis on the importance of proper asset allocation. Asset allocation is the most important decision that will be made with your investments and serves as the core driver of your investment plan.

The universe of investment choices is astounding and narrowing those choices to the right mix begins with a sound financial plan. This plan, in concert with an asset allocation meeting your risk tolerance and time horizon, creates a framework for future investment decisions. Factors such as tax efficiency, investment liquidity and internal expenses/costs are also strongly considered in the investment selection process.

For some wealth management cases, a primary driver for decision making may not be for the now, but for generations beyond. Core’s collaboration with specialists in the areas of estate and insurance planning help to ease the potential discomfort related to multi-generational wealth transfer.


Planning Throughout Retirement

Retirement Timeline


Planning for retirement has changed dramatically over the last several decades. Historically, employees often worked at a single employer for most of their careers and many times counted on a pension to provide for retirement income. That is no longer the case with more burdensome pension obligations, growth of entrepreneurs, small businesses and an emphasis on self-funded retirement.

Core Wealth recognizes the challenges saving for and predicting future income needs during retirement whether you participate in your employers tax-deferred 401(k), 403(b) or SIMPLE IRA or self-fund your own Traditional IRA or ROTH IRA. Often, retirement planning is broken down in five phases: accumulation, pre-retirement, early-retirement, mid-retirement, and late-retirement. Each phase often necessitates changes in investment strategy and risk tolerance to craft the appropriate path toward and through retirement.


Social Security & Medicare Analysis

Evaluating how and where social security fits into your overall retirement plan is an integral part of the retirement planning process. Core Wealth considers social security as a fundamental, income-producing, inflation-protected component of your income-generating portfolio during retirement. Proper analysis of the social security option matrix, taking into account longevity risk factors, helps to ensure the path you choose matches your overall retirement plan.

Likewise, evaluating Medicare options adds another layer of necessary complexity to the retirement planning process. Navigating the decision maze of Medicare can baffle even the most experienced and educated, and the wrong choice can potentially damage even the strongest of retirement plans. Core Wealth includes Medicare planning as a part of the overall retirement discussion because every situation and expectation is unique.