Why You Need REAP
REAP, LLC. • Retirement Estate Advisors & Professionals
Do you rely on specialists – such as accountants, attorneys, and stockbrokers – to help with the various aspects of your financial life? If so, ask yourself this: Who’s coordinating the specialists to ensure that there are no loose ends or conflicts in their efforts?
For example, your stockbroker might make a trade that creates a taxing issue and your tax specialist doesn’t know about it until it’s too late to create a more favorable tax position. Or maybe your attorney generates the documentation to set up a trust and does a good job of including your real estate, but leaves out other assets because he or she doesn’t see your overall picture.
That’s the reason that at REAP we offer our clients a multi-disciplinary approach – to help eliminate the many planning errors that can occur between different specialists. David H. Morgan and his team of tax and legal professionals help to ensure that all aspects of a client’s financial life work together efficiently.
Our practice serves a broad range of clients, including retirees, pre-retirees, professionals and business owners. Since they’re a diverse group, we take the time to learn about our clients and to clarify exactly what they want to accomplish. That way, we can customize a comprehensive plan based on each client’s unique hopes, needs and values.
Our comprehensive plans include 4 key areas:
- First: Investment & Wealth Planning – to help clients preserve and increase assets through disciplined, time-tested investment techniques and diversified, balanced portfolios.
- Second: Retirement Planning – to help clients navigate through the complex decisions involved in rolling over a retirement account and establishing a lifetime income plan.
- Third: Tax Planning – to utilize the latest developments in the tax laws to help clients minimize both their current and future tax liabilities.
- Fourth: Comprehensive Estate Planning – so clients can transfer an estate in an orderly, tax-efficient manner to the beneficiaries of their choice through compliant wills, trusts, power of attorneys, medical directives, and other strategies.
After our clients have a plan in place, David and the REAP team work with them over the years to help keep the plan on track with their changing needs and the ever-shifting economy.
Would you like to have the loose ends of your financial life tied together through a comprehensive financial plan? We welcome the opportunity to be of service. To schedule a complimentary, no-obligation consultation, simply call our office at (855) 904-REAP to arrange a time.
There is a vast difference in our firm and credentials, an Independent Registered Investment Advisor, and that of most other traditional brokers or bankers.
In the financial world today, there are basically two types of advice available to investors: that given by stockbrokers, and that given by Registered Investment Advisors (RIAs). Unfortunately, most investors don’t know the difference between these two kinds of advice.
In fact, most aren’t even aware a difference exists. In a recent survey:
of investors believed both stockbrokers and independent RIAs have a responsibility to act in their best interests.*
of investors did not understand the different obligations required of RIAs and stockbrokers. Unlike stockbrokers, RIAs have an obligation to act in an investor’s best interests in all aspects of the financial relationship.*
said they would rather work with an investment advisor if they knew advisors provided greater investor protection than stockbrokers.*
The truth is, there’s considerable confusion in the investment community regarding financial advice and the people who dispense it.
If you don’t feel like your broker shares your goals, maybe it’s because he or she doesn’t. The fact is, your broker is typically paid by his or her firm, not you. This means, he’s constantly trying to balance your needs with those of his employer.
A close look at the fine print on an advised investment account is enough to open anyone’s eyes. Read a brokerage firm’s disclaimer and you’ll see that their interests may conflict with yours. In contrast, the fine print from independent Registered Investment Advisors (RIAs) explains that they have a fiduciary obligation to put your interests first. Looking out for you isn’t just part of our job, it’s our legal responsibility. When the differences between brokers and RIAs are magnified, your choice is easy to see!
To schedule a consultation:
Call (855) 904-REAP