We believe that good financial advice comes from independent advisors, not companies in the business of producing investment or insurance products. We provide our clients with independent solutions that are tailored to their unique needs.
We offer two distinct but complementary services; Financial Planning and Investment Management. Some of our clients work with us in one area exclusively, but many utilize our services in both areas for seamless, comprehensive, independent financial planning.
We work with clients to clearly identify goals and create a blueprint for achieving them. A financial plan puts into words what you want to achieve and identifies the tools you need to achieve your life goals. We will work hand-in-hand with you to draft a financial plan specific to your needs.
Hourly Financial Planning
Let’s be honest. The majority of us are really bad at making good financial decisions. This is where an hourly CERTIFIED FINANCIAL PLANNER can help.
Rather than paying ordinary income tax on your entire retirement plan distribution, you might consider rolling some or all of the distribution into a traditional IRA.
Investment selection and portfolio construction are particular strengths of Charleston Wealth Advisors, but before any investments are made, we work with you to define your tolerance for risk, time horizon, income requirements, and other unique needs. This information will be documented in a written Investment Policy Statement and used in the management of your investment portfolio.
Estate planning is a process designed to help you manage and preserve your assets while you are alive, and to conserve and control distribution after your death according to your objectives.
South Carolina residents who contribute to a South Carolina 529 Plan receive an “unlimited” state income tax deduction. This means that a South Carolina taxpayer can deduct any amount they contribute to a SC 529 plan, as long as they have income to deduct.
Learn more about Charleston Wealth Advisors college investment planning services »
Once you’ve created an investment plan to work toward your various financial goals, you should take advantage of the tax rules to ensure that you maximize the after-tax return on your investments. In other words, your goal is to select tax-favorable investments that are consistent with your overall investment plan.
A life insurance plan provides funds for your surviving loved ones when you die. Your family can use the proceeds to meet a variety of goals.
If you had to stop working, how would you meet your expenses? Disability insurance policies pay you a benefit that replaces part of your earned income (usually 50 to 70 percent) when you can’t work.
Long Term Care Insurance
Your chances of requiring some sort of long-term care increase as you get older. Will you have the financial resources to fund a prolonged nursing home stay for yourself or a loved one?
The decision to donate to charity is a personal one. Although the IRS does not require that you have any charitable motivation when you donate to charity–you can do it strictly for the tax benefits–most people who decide to donate to charity have a charitable intent.