Services to Individuals
As we survey the financial landscape, one of the things that has become very apparent is that we as individuals are responsible for our financial future. The availability of Social Security when we retire is debatable. But even if it is, the monthly payout will be far less than our monthly expenses. Further, the old-fashioned pension plan that provided a steady lifetime retirement income is an increasing rarity. They have been replaced by defined contribution plans, such as 401k plans, whose retirement income will have a lot to do with how much we put into them.

At the same time, the investor is faced with a bewildering array of financial products and information. At Impart Financial, our goal is to help investors ignore the noise from the product peddlers, and focus on their goals, and work with them to develop a strategy of investing that will allow them to meet their financial objectives with approaches that are appropriate for their risk tolerance and time horizon.

Services to small and medium sized business
For many business owners, the only significant asset they own is their business. In many of those cases, when the owner’s efforts and reputation are major reasons for the business’s success, they will be unable to sell the business for enough money to provide an appropriate retirement income. Accordingly, developing a business financial plan that focuses on the important tax advantages of retirement plans and life insurance needs to be an issue that is addressed as soon as possible. In addition, when properly structured, retirement, deferred compensation, and other fringe benefit plans can have the important benefits of improving employee morale and retaining key employees.

In the past many of the more complex pension options where only available to large corporations due to their complexity and high administrative costs. However, recent changes in the IRS code and advances in technology have opened up some of these sophisticated pension solutions as viable and affordable options to small and medium sized businesses.