Do you have a written plan forecasting your income and expenses in Retirement to make sure that you don’t run out of money?
If not, is there a reason why you don’t?
While retiring is something most people only do once, we actually have a lot of experience helping people plan for and navigate their Retirement, so we might be able to help you too.
Process
We start by helping you to identify your needs. Tell us your goals and vision for your future, as well as your concerns. We’ll analyze all of your information, and provide you with a specific, detailed written action plan, usually about 4 to 7 pages in length, telling you exactly what we think you should do.
With your plan in place, we will build an investment portfolio using mutual funds, including those from Dimensional Fund Advisors and Vanguard, and exchange-traded funds (etfs). We will continually review your investment portfolio to make sure that your plan and your portfolio stay aligned with your needs and goals.
Beliefs
We invest primarily in index funds and funds that are very much like index funds. We don’t believe in market timing or stock selection or trying to beat the markets by guessing what will happen tomorrow. We believe that over time a structured investment approach will add value with a higher reliability and confidence level than one based on instinct and trying to guess the direction of the markets. We use DFA and Vanguard funds and etfs because we agree with the philosophy of investing by diversifying across asset classes based on our clients’ individual situations and needs.
Costs
Since we are independent and fee-only, we have no products to sell you except our advice. That means if you do need a financial product, like a mortgage or insurance, we can guide you through your purchase decision, and act as your advocate to help make sure you buy the right product for your needs, but we won’t try to sell any products to you, and never have a financial interest in doing so. We never pay or receive referral fees, and we never make commissions. Never. Our income comes from our clients, not from any third parties.
Our current investment advisory fees start at 1.25% per year on the first million dollars, and get marginally cheaper on amounts above that. Here is our current schedule:
First $1,000,000 …………………………………………………………..1.25%
Next $1,500,000 …………………………………………………………. 1.00%
Next $2,500,000 …………………………………………………………. 0.80%
Next $5,000,000 …………………………………………………………. 0.60%
Above $10,000,000 ………………………………………………………0.50%
Clients
We work with clients in the mid-Atlantic region and around the world and strive to help them live the lives they’ve worked so hard to enjoy.
Those we work with include successful professionals, corporate executives, business owners, entrepreneurs, and individuals and families with substantial and complex assets. Our clients’ assets typically exceed $1 million, but our present minimum for new clients is $500,000.
Independence
As an independent, fee-only wealth management firm, we work for you – not a bank, brokerage firm or insurance company. With no products to sell, commissions to attain, or quotas to meet, you can be sure that every piece of advice you receive from us is in your best interests.
We will also work closely with your other advisors as needed, like your CPA, your attorney, or your insurance agent, to make sure that everyone is on the same page, and working to pursue your interests.
Getting Estate Planning Done—Effectively
Yardley Wealth Management is also qualified to help you with Estate Planning. While most financial planners refer you to outside attorneys for your Estate Planning needs, the Managing Member of Yardley Wealth Management, LLC, Michael Garry is also a licensed attorney, admitted to practice in Pennsylvania and New Jersey, and through his law firm, Yardley Estate Planning, LLC, he provides estate planning services.
That may be a real advantage to you because creating an estate plan that is integrated with your financial plan and that is implemented on a timely basis may be easier and accomplished more cost-effectively. Through the law firm, clients can save the time, inconvenience, and anxiety of interviewing prospective attorneys, and the duplicative effort of explaining to their new attorney about their financial situation and goals. In today’s busy world, by saving our clients the time and effort of finding and working with an additional professional, we can add real value to our clients and we can be sure that our clients’ wealth management and estate plans are fully integrated to provide better overall advice and service for them.
Michael only practices law in Pennsylvania and New Jersey, and of course, legal fees are separate from, and in addition to, any fees for investment advisory services or wealth management. Please contact us to find out more about those services, and visit the Yardley Estate Planning, LLC website: www.yardleyestate.net.
To find out if our services are right for you, please call us at 267-573-1019.
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