Wealth Management

MDCS financial advisors utilize the following wealth management services, and more, to ensure you reach your retirement goals

  1. Distribution Planning:
    When considering distribution planning for your deferred compensation, it's essential to map out a strategic approach that aligns with your financial goals and objectives. Analyzing your distribution options and understanding the implications of each choice can help ensure a smooth transition from accumulation to distribution phase.

  2. Tax Optimization:
    Tax optimization strategies are crucial when planning for the distribution of your deferred compensation. By leveraging available tax-efficient vehicles and techniques, you can potentially minimize your tax burden and retain more of your hard-earned savings. It's advisable to work closely with tax professionals to explore various tax optimization opportunities tailored to your unique financial situation.

  3. Alternative Investments:
    Incorporating alternative investments into your deferred compensation portfolio can offer diversification benefits and potentially enhance your overall risk-adjusted returns. These non-traditional investments, such as private equity, real estate, or hedge funds, may provide opportunities for growth that are not correlated with traditional asset classes. Careful due diligence and a thorough understanding of the risks involved are essential when considering alternative investments.

  4. Annuities:
    Annuities can be a valuable tool in retirement planning, offering a stream of income that can help secure your financial future. By annuitizing a portion of your deferred compensation, you can create a reliable income stream that is guaranteed for a specific period or even for life. Understanding the different types of annuities available and how they align with your retirement goals is key to making informed decisions about integrating annuities into your overall financial plan.

  5. Charitable Giving:
    Incorporating charitable giving into your distribution planning can have significant benefits for both you and the causes you support. Whether through direct donations, donor-advised funds, or other charitable giving strategies, you can make a positive impact while potentially reducing your tax liability. Developing a thoughtful charitable giving plan that aligns with your values and financial objectives can help maximize the effectiveness of your philanthropic efforts.

  6. Wealth Transfer:
    Wealth transfer considerations are essential when planning the distribution of your deferred compensation to ensure a seamless transfer of assets to your heirs or beneficiaries. By implementing strategies such as trusts, gifting, or estate planning tools, you can efficiently transfer your wealth while minimizing potential tax implications and ensuring your legacy objectives are met. Seeking professional guidance from estate planning experts can help navigate the complexities of wealth transfer and establish a comprehensive plan that aligns with your wishes.

  7. Roth Conversions:
    Converting a portion of your deferred compensation to a Roth account can offer valuable tax advantages and flexibility in retirement. Roth conversions allow you to potentially benefit from tax-free growth and distributions in the future, providing a hedge against future tax rate increases. Analyzing your current tax situation, long-term retirement goals, and cash flow needs is essential in determining whether Roth conversions align with your overall financial strategy. Work with financial advisors to evaluate the suitability of Roth conversions based on your individual circumstances.

FAQs

How Much Does it Cost?

It is charged on a quarterly basis based on a percentage of your assets under management. View the fee schedule here.

What is our Investment Strategy

MDCS financial advisors are not asset managers. We plan and quarterback clients’ retirement. As a result, we coordinate with professional asset managers across the country to fit each client’s unique investment strategy.

What is Wealth Management?

MDCS advisors place clients into investments and coordinate with portfolio managers to assure that the investment fits your time horizon, risk profile, and financial goals. Through wealth management, we can achieve goals outlined in your financial plan.

Can my Investment Lose Value?

Yes; however, there are investments that guarantee principle. Remember, the more risk one takes, the higher return they can achieve.

Is There an Asset Minimum?

At MDCS, we believe that everyone deserves the ability to invest in their future, even if they do not have significant investable assets. Because of this, we do not have asset minimums, and never turn away a client in need.

Is Wealth Management For Me?

MDCS financial advisors want to take the burden of investing off of your plate, so you can focus on the things you enjoy and do best. If you would like access to professional managers and planners to increase the chances of reaching your retirement goals, wealth management is for you.