Solutions
We understand that the services and expertise you need will change as the complexity of your financial life changes.
We provide a full spectrum of wealth management and financial planning services: investment management, cash flow management, estate planning, tax preparation, corporate benefit coordination, insurance planning, and retirement planning.
What We Offer
Investment Management
To many other financial companies, managing a client’s investments is strictly about the numbers. At Joel Isaacson & Co., we see our clients’ investments on an emotional level as well — they represent their hopes, dreams, and the financial security for their families. Hence, we treat their money as carefully as we do our own.
What We Do:
- Analyze a client’s current portfolio to ensure that the allocation of assets and investments therein are consistent with their financial objectives
- Evaluate a client’s risk tolerance as well as present and future income needs to determine appropriate investment vehicles and relevant tax strategies
- Implement a specific asset allocation to create a portfolio using best-of-breed mutual funds, Exchange Traded Funds (ETFs), separately managed accounts, and alternative investments when appropriate
- Monitor/Maintain our clients’ financial plans as economic and personal circumstances change
Cash Flow Management
We work closely with each client to ascertain if they will be able to maintain their lifestyle through major life events and unexpected expenses by creating multi-year cash flow projections and using them to develop our recommendations.
What We Do:
- Gather a plethora of client inputs including short and long-term income and expenditures, extraordinary expenses, and estate planning documents to incorporate into our projections
- Model cash flows and stress-test scenarios using industry-leading projection software to help prepare for future expenses and unexpected financial situations
- Utilize our cash flow reports and projections to inform and recommend changes in investment and/or tax strategy to meet future goals, such as college funding, real estate purchases, and financial independence in retirement
Estate Planning
When considering a family’s future, it is not simply about investments and tax returns. We work hard to help develop estate planning strategies to ensure our clients’ families are taken care of according to their wishes.
What We Do:
- Review wills and trusts to make specific planning suggestions and coordinate that strategy with the clients’ other trusted professionals to help develop an estate plan that considers both dispositive and tax-saving objectives
- Coordinate the implementation of estate plan to documents, including reviewing titles and beneficiaries
- Monitor our clients’ estate planning needs as their individual situations change
Tax Planning & Preparation
With significant wealth comes additional complexity when it comes to taxes. But for us, taxes are not just about completing tax returns. Rather, our financial planning and tax strategies are highly integrated so we can continually find opportunities to keep our clients’ money in their hands.
What We Do:
- Thoroughly review tax planning opportunities to proactively plan financial transactions and minimize both current and future tax liabilities
- Conduct proactive quarterly and year-end tax projections to avoid underpayment penalties and unexpected liabilities
- Prepare personal, corporate and fiduciary federal and state income tax filings, as well as help clients respond to government inquiries
Corporate Benefit Coordination
Our expertise covers all facets of equity compensation: deferred compensation, incentive stock options, restricted stock units, founder shares, and performance awards, to name a few. First, we gain an understanding of your unique compensation structure and then we define the action items needed to maximize the value to you and your family.
What We Do:
- Review our clients’ company-provided benefits and seek ways to enhance their value to the individual within the overall financial plan
- Coordinate these benefits with personal insurance, investment, and tax planning
Risk Management & Insurance Planning
We coordinate our clients’ insurance plans to ensure they are well protected and secure. To help them do that, we make sure all of their policies provide appropriate coverage and are working together effectively.
What We Do:
- Analyze current personal and employer provided insurance coverage, as well as capital needs to determine the optimal level of life, long-term care, and disability insurance. This includes an analysis of property/casualty coverage consisting of homeowner’s, auto, and umbrella liability policies.
- Coordinate with our trusted external network of insurance professionals to ensure our clients receive the exact coverage and expertise needed for their individual situations. As a fee-only fiduciary, we never receive commissions or referral fees from our external network of experts. This ensures all recommendations are always in our clients’ best interests.
Retirement Planning
A client's financial independence and realization of their retirement dreams should be the culmination of a life of hard work. We work with clients to help them understand the challenges and opportunities before them so they can achieve the goals of maintaining their desired lifestyle and financial independence while leaving the family legacy they have imagined.
What We Do:
- Review a client’s current retirement plan and future retirement goals to optimize investments while minimizing taxes on distributions
- Synchronize and Translate a client’s retirement goals and objectives into their targeted funding strategies and overall asset allocation mix, taking their overall portfolio and risk tolerance into account
- Analyze, on a continual basis, whether a client is “on-track” for their targeted financial independence goals
