Financial Planning

The Importance of a Written Plan

  • Do you have a roadmap to your future?
  • Does it list your goals, objectives and the what-ifs of life?
  • Do you periodically review your progress?
  • Do you have someone you trust looking over your shoulder?

Abundant research shows that goal-setting leads to happiness.  Recognizing our potential and then utilizing it gives us a sense of empowerment, growth and pride.  We owe it to ourselves to question what it is we really want to do and how we’re going to do it.

It all begins with a plan.  There is something about the process that can help make us better prepared for what may lie ahead. We encourage our clients to take some time to dream and plan.

What's it going to be?  A great vacation...a new business milestone...financial security…better health...exploring your faith...whatever you decide, choose something that excites you, brings you to life, and can make you a better version of yourself.

When I think about the work we are doing and what I am most excited about, two things come immediately to mind; the help we can bring in designing the master financial plan, and the executing and monitoring of that plan.

Make This the Year You Establish a Plan

Business Exit Planning

We are committed to providing financial and emotional security for business owners and individuals by planning for and successfully executing the single most important financial event of their lives---the transition out of their business into the next chapter of their lives.

As a successful business owner, you set and attain goals every day.  You chart a course for your company, adjust it when necessary, and constantly create innovative ways to overcome new challenges and take advantage of new opportunities.  We call this working "in" your business.

At PRI, we make a distinction between working "in" your business and working "on" your business. Working “on” your business means creating value for a future exit. We help business owners bring the two together by integrating their personal financial plan with their overall business exit plan.

The Facts
  • It is estimated that nearly 50% of successful business owners hope to transition out of their business within the next 10 to 15 years. (Mass Mutual American Family Business Survey, October 2007)
  • As the Baby Boomer generation begins to transition out of their businesses, there will likely be more sellers than buyers.
What This Means to You
  • To exit your business on your terms you need to have a plan.
  • Your plan must include personal and business objectives, both for the present and looking forward 5 to 10 years and beyond.
  • A planned transition can help create order and motivation which enhances business value.

Wealth Management Services

Each investor has a unique profile formed by their time horizon, personal risk tolerance, current assets, beliefs about money, investment goals, and market outlook - and most of these factors change over time.  But for all investors, regardless of their personal profiles, understanding the drivers of investment performance and risk management provides a foundation for sound financial decision-making.  This knowledge inspires confidence in your investment strategy and a framework for repositioning that strategy as circumstances change.

We believe in goal-based planning that leads to constructing properly allocated portfolios which can limit your exposure to unnecessary risks, while implementing best of class strategies to ensure you have the highest potential for success.