Wealth Management - Services Overview
Through our comprehensive approach to private wealth management, we provide unique, sophisticated financial solutions.
Have you ever been advised to “Check with your CPA” before investing?
Most brokers and investment advisors are precluded from providing tax advice, but at KDP Wealth Management, LLC, our CERTIFIED FINANCIAL PLANNER™ professional and team of experienced Certified Public Accountants, work together to advise you on how certain financial decisions can positively or adversely affect your taxes and your overall wealth goals.
There are a lot of moving parts in successful retirement planning. It can seem like a daunting task. At KDP Wealth Management, we enjoy the process, and are committed to tailoring a plan that is right for you.
Our services include:
Investment Planning
- Integrated asset allocation and portfolio design
- Private Asset Management solutions
- Sustainable Income Solutions™
- Unified Portfolio Theory™ Strategies
Tax Planning
- Income tax and estate tax planning
- Tax-optimized investing
- Charitable planning
Income Protection and Asset Preservation
- Long-term care
- Disability protection
- Income replacement
- Sustainable Income Solutions™ Strategies
Retirement Planning
- Distribution planning
- Income projection analysis
- Fixed income strategies
Business Planning
- Business succession
- Buy-sell agreement funding strategies
- Non-qualified retirement plans
- Key employee retention
- Qualified plan design and implementation
Estate Planning
- Tax Efficient Wealth transfer
- Gifting strategies
Insurance
- Life insurance analysis and design
- Long-term care
- Disability protection
Education Planning
- Coverdell education savings account
- 529 college savings plan
- Uniform Gift to Minors Act/Uniform Transfer to Minors Act account
Is your financial security worth a second look?
Is your financial security worth a second look? At the heart of KDP’s commitment to providing you with trusted Private Wealth Management services is our ability to coordinate your tax strategies with your financial solutions. More than just a financial planner, let us look with tax-trained eyes to ensure a synergistic approach to achieving your financial goals.
Contact KDP Wealth Management, LLC today to learn how we can help you create a complete wealth management plan designed with your future in mind. Call us at (541) 773-6633, or Click here to request a complimentary, no obligation confidential financial review and consultation.
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Get Questions Answered
What are the 6 steps of wealth management?
COMPLIMENTARY FIRST MEETING
This abbreviated, complimentary call provides an introduction to KDP Wealth Management and how we serve our clients. We review our Path to Wealth process and discuss your unique financial situation and how we might fit into it. Finding the right fit between client and advisor is paramount and we want to ensure our goals and methodologies are aligned before taking the next step together.
DEEP DIVE DISCOVERY MEETING
The discovery meeting is a deep dive on your specific and unique financial situation. At KDP we pride ourselves on holistic planning and acting in our clients highest and best interest. Part of that is to ensure we understand the whole picture. It’s helpful to come prepared to this meeting with details and statements to discuss. We will also get into your long-term goals and what you are driving towards in your financial life.
INVESTMENT STRATEGY MEETING
This is where the rubber meets the pavement. We will present the findings of our financial analysis and what we believe to be the most impactful strategies to move the needle. We will acquaint you with our investment philosophy, tax centric portfolio design, and a master financial strategy specific to your needs.
ORIENTATION
This will be a half hour call to walk you through how to log in to your online client portal, where you can check your account balances and view important documents, such as statements. We will also introduce you to the other members of your financial team that will be collaborating on advanced planning topics specific to you and other service lines available through KDP.
ADVANCED PLANNING MEETING
This is a targeted meeting where we will delve into topics that are unique to you. As we continue to work together, we will broach the following planning topics based on your financial needs.
- Retirement Income Planning
- Financial Planning
- Estate Planning and Gifting Strategies
- Tax Focused Investment Planning
- Advanced Social Security Strategies
- Risk Management and Advanced Insurance Strategies
- Long Term Care Planning
- Business Transaction and Succession Planning
WEALTH REVIEW
Life is ever-changing, these meetings provide a check point to review updates, goals, and measure progression. We will introduce new planning topics and strategies as they become relevant and keep you up to speed on current events impacting the markets. This is a time to review portfolio performance and keep you grounded in prudent long-term investing strategies, and to review tax strategies for the year.
What exactly do wealth managers do?
Investment Planning
- Integrated asset allocation and portfolio design
- Private Asset Management solutions
- Sustainable Income Solutions™
- Unified Portfolio Theory™ Strategies
Tax Planning
- Income tax and estate tax planning
- Tax-optimized investing
- Charitable planning
Income Protection and Asset Preservation
- Long-term care
- Disability protection
- Income replacement
- Sustainable Income Solutions™ Strategies
Retirement Planning
- Distribution planning
- Income projection analysis
- Fixed income strategies
Business Planning
- Business succession
- Buy-sell agreement funding strategies
- Non-qualified retirement plans
- Key employee retention
- Qualified plan design and implementation
Estate Planning
- Tax Efficient Wealth transfer
- Gifting strategies
Insurance
- Life insurance analysis and design
- Long-term care
- Disability protection
Education Planning
- Coverdell education savings account
- 529 college savings plan
- Uniform Gift to Minors Act/Uniform Transfer to Minors Act account
How much money do you need to go to a wealth management?
- Fidelity and others, for instance, likes to play in the big leagues. If you’re looking to have a dedicated advisor with them, you’re generally looking at a minimum investment of around $50,000 for their Wealth Services, but if you want to dive into their Private Wealth Management, you’re talking $2 million in investments, with a total investable asset requirement of $10 million or more.
- For those not quite in the billionaire’s club but still looking for some guidance, many wealth management firms might require anywhere from $25,000 to $500,000 to get started, depending on the level of service and the firm’s philosophy.
- If you’re just dipping your toes into wealth management, or perhaps you’re more of a “I’ve got some money, but not ‘I own a small island’ money,” you might find services that cater to lower minimums, like robo-advisors, which can start with as little as a few thousand dollars.
- From the chatter on X, there’s a sentiment that if your net worth isn’t over $100,000, you might want to focus on the basics like emergency funds, paying off debt, and simple investments before you splash out on wealth management.
- However, if you’re aiming for financial independence or just want to ensure your money’s working harder than you do, some suggest having at least $100,000 invested by age 30, which might not be a wealth management minimum per se, but it’s where the conversation about wealth management starts getting serious.
Is it worth paying a wealth manager?
- Comprehensive Planning: Wealth managers don’t just play with your stocks; they’re supposed to look at your entire financial life. This includes estate planning, tax strategies, and sometimes even how to avoid your kids becoming the next generation of trust fund babies who think avocado toast is a financial decision.
- Time Saving: If your idea of fun isn’t poring over financial statements, a wealth manager can save you time. Think of it like hiring a chef so you can enjoy the meal without worrying about the recipe.
- Expertise: They’re supposed to know more than you about investments, taxes, and all those financial terms that sound like they’re from a different language (because, let’s face it, they kind of are).
- Peace of Mind: Knowing someone’s got your back can be worth the cost for some. It’s like having a financial guardian angel, minus the wings, but with a much better understanding of compound interest.
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The Avantax family of companies exclusively provide investment products and services through its representatives. Although Avantax Wealth MangamentSM does not provide tax or legal advice, or supervise tax, accounting or legal services, Avantax representatives may offer these services through their independent outside business. This information is not intended as specific tax or legal advice. Please consult our firm and your legal professional for specific information regarding your individual situation. Avantax affiliated advisors may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state. Securities offered through Avantax Investment ServicesSM. Member FINRA, SIPC. Investment advisory services offered through Avantax Advisory ServicesSM. Insurance services offered through an Avantax affiliated insurance agency.