TIMOTHY HERBERT FINANCIAL GROUP O U R S E R V I C E S A N D E X P E R T I S E

Transcription

1 TIMOTHY HERBERT FINANCIAL GROUP O U R S E R V I C E S A N D E X P E R T I S E

2 CONNECTION TO CENTAURUS FINANCIAL Each security-licensed representative must clear securities through a brokerdealer. The clearing firm must be registered with the Securities and Exchange Commission and be a member of FINRA (Financial Industry Regulatory Authority) and SIPC (Securities Investor Protection Corporation). Founded in 1992 Centaurus Financial was formed with a singular focus to provide a platform of unparalleled service, support, technology and education to independent financial advisors. Through this focus, Centaurus has grown to become a leading broker/dealer providing a platform for over 600 financial advisors across the country. The Advantages with Centaurus Allows Timothy Herbert Financial Group to have independent representatives Gives Access to the research, resources, and technology of a market leader broker/dealer Offers state-of-the-art investment solution and superior service. Does not create its own investment products, no does it engage in investment banking activities. Does not have to sell in-house and can select from the best.

3 AREAS OF EXPERTISE WHAT SETS US APART FROM THE REST The Cornerstone of our business is providing the highest level of unbiased financial services and advice, so we can concentrate our time and energies not on products, quotas, or sales goals, but rather on understanding your individual financial goals

4 INVESTMENT PORTFOLIO ANALYSIS Does your overall portfolio match up with where you are in life? We would like to offer you a no-obligation portfolio review and consultation or an insurance review analysis as a way of introduction our services to you. We will evaluate your current situation in light of your objectives and offer sound, objective investment planning and guidance.

5 CLIENT PORTFOLIO REVIEWS When was the last time your financial advisor called or suggested rebalancing your portfolio? What risk strategies do you have in place to minimize further erosion of your nest egg or retirement account? We proactively call you to make regular phone and in-office appointments so you can keep your portfolio current. We offer continuous attention to your portfolio, matching it with you current situation and rebalancing it to fit current market advantages\ Portfolio overviews are up-dated with each appointment, giving you a snapshot of your initial purchase to current value Statements are mailed to you directly from providers when they are issued, either monthly or quarterly (paper statements may be replaced with electronic statements at your direction) Online values can be monitored daily with internet access. When your risk tolerance changes or when current market conditions dictate changes, recommendations are made in your portfolio to bring it inline with your objectives. Whether your investment objective is to protect your investment, draw income or to grow your investment for the long term of retirement, we will continuously monitor you investment plan to make certain it meets your needs.

6 INSURANCE NEEDS WHAT DOES TOMORROW HOLD? Life Insurance is protection for your family and a benefit for others. There are various types: term, universal, variable, and equitable index. Annuities help provide lifetime guarantees, as retiring is a realty for all of us. There are several types: fixed, variable and equity index. Long-term Care/ Disability Insurance insures that your care will be provided for if you are in a position where you can not care for yourself.

7 COMMUNICATION COMMITMENT WILL I EVER HEAR FROM MY FINANCIAL ADVISOR AGAIN? We consistently offer you: Frequent communications through our updated website with videos, articles, calculators and archives. Weekly Market Commentaries Quarterly portfolio reviews Telephone Appointment reviews. In-office reviews and annual update of your financial plan s and articles with current relevant updates Informative classes/events are scheduled throughout the year

8 EXPERTISE KNOWLEDGE OF THE GM, DELPHI, CHRYSLER AND FORD BENEFIT PACKAGES This extensive knowledge allows us to develop a comprehensive plan integrating all elements of your entitlements and maximizing your alternatives inside and outside of your plans to achieve your financial objectives Defined Benefit Pensions (Frozen plan and New Formulas) GM Retirement Savings Plan (GM RSP) Executive Retirment Plan (ERP) GM Personal Savings Plan (GM PSP) Disability and Long Term Care Insurance Group and Variable Life Insurance Family Medical Leave Act Restricted Stock Units Delphi Retirement Savings Plan Chrysler Svings Plan Ford SSIP For TESPHE early retirement and salaried employee transition offers Enhanced Variable Pay Flexible Spending Accounts Health Savings Accounts

9 ASSET ALLOCATION Asset Allocation is An investment strategy that aims to balance risk and reward by appointing a portfolio s assets according to an individual s goals, risk tolerance and investment horizon. The three main asset classes are equities, fixed-income and cash and equivalents. Each have a different level of risk and return; therefore, each will behave differently over time. Alternatives may include commercial real estate commodities

10 STRATEGIC ASSET ALLOCATION Strategic Asset allocation is A portfolio strategy that involves periodically rebalancing the portfolio in order to maintain a long-term goal for Asset Allocation At the inception of the portfolio, a base policy mix is established based on expected returns. Since the value of assets can change given market conditions, the portfolio constantly needs to be re-adjusted to meet the policy.

11 401(K) ROLLOVER SERVICES CHANGING JOBS? RETIRING? RECENTLY LAID OFF? Selecting a distribution option of your 401(k) plan can be a critical decision. Selection the way you receive your distribution before evaluating all your options can be a costly mistake. We offer a free 401(k) Rollover Analysis which includes: Exploring your distribution options Age 55 Rule Avoiding the 20% withholding trap Discovering how to take control of your retirement savings Learn how to stretch your IRA benefits to your heirs (an option not available in you 401(k)) Deciding whether a rollover IRA is right for you Discuss how to access you retirement assets prior to age 59- without a penalty.

12 WITHDRAWAL OF RETIREMENT ASSETS BEFORE 59 ½ WITHOUT PENALTY Are you eligible for an exemption from penalty for early withdrawal of retirement funds? There are eight exemptions to access your retirement funds before age 59 ½ without penalty if an unforeseen circumstance should arise.

13 MUTUAL FUNDS Would you like to diversify your investments but do not have enough funds? Mutual funds pools together many smaller investors to allow you to invest in many different things with just a small amount of money. The manager will invest in various investments. You can be aggressive or conservative depending on which fund you purchase.

14 MANAGED ACCOUNTS What does managed account mean? An investment account that is owned by an individual investor and looked after by a hired professional money manger. In contrast to mutual funds (which are professional managed on behalf of many mutual fund holders), managed accounts are a personalized investment. The investor is given the freedom and ability to do what they want with the investment within the portfolio and any decision made by the money manger is based on the individuals investor s goals an objectives.

15 RETIREMENT PLANS Traditional IRAs Pre-tax retirement investing, tax-deferred growth, taxable at distribution Roth IRAs after-tax retirement investing, tax-deferred growth, tax-free at distribution Simple IRAs- Employer provided retirement plan with simpler and lest costly administration rules than a 401(k) or a 403(b) plan SEP Plans Simplified employee pension IRA s 401 K Profit Sharing Roth 401(k) Safe Harbor 401(k) Single Person 401 (k) 403(b) Tax sheltered annuity plans

16 COLLEGE PLANNING Are your children growing up way too fast? 2013 average in-state tuition, books and room and board = $22,046 per year! A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs. It is named after section 529 of the Internal Revenue Code which created these types of savings plans in 1996 As long as the plan satisfies a few basic requirements, the federal tax law provides special tax benefits to you, the plan participant Coverdell Education Accounts is an account created as an incentive to help parents and students save for education expenses. Total contributions can not be more than $2,000 in any one year.

17 FULL SERVICE AND DISCOUNT BROKERAGE SERVICES What does Full-Service Broker Mean? A broker that provides a large variety of services to its clients, including research and advice, retirement planning, tax tips, and much more. What does Discount Broker Mean? A stockbroker who carries out buy and sell orders at a reduced commission compared to a full-service broker, but provides no investment advice.

18 REAL ESTATE INVESTMENT TRUSTS What does Real Estate Investment Trust REIT mean? Traded REIT A security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate. Non-Traded REIT While non-traded REITs have relatively limited liquidity, they offer the same benefits as their publicly traded counterparts. By definition, the key benefit of non-traded REIT is that they are not yet publicly traded. Subsequently, they offer the reasonably predictable cash flow of publicly traded REITS without the volatility incumbent in the public markets. Direct Participation Programs What does DDP mean? A business venture designed to let investors participate directly in the cash flow and tax benefits of the underlying investment. DPP s are generally passive investments that invest in real estate or energy-related ventures. Limited Partnerships General vs. Limited Partners In a limited partnership, it is the general partner who remains liable for the debts and obligations of the entity. General partners are the operators who control and manage the partnership, and are jointly and severally liable for all its debts and obligations. General partners are paid an additional management fee for their efforts Limited partners are not involved in the management of the partnership and liable only up to the amount they invested in the partnership.

19 REQUIRED MINIMUM DISTRIBUTION (RMD) What does RMD mean? The amount that Traditional, SEP and Simple IRA owners and qualified plan participants must begin distributing from their retirement accounts by April 1 following the year they reach age RMD amounts must then be distributed each subsequent year. These required minimum distributions are determined by dividing the prior year-end fair market value of the retirement account by the applicable distribution period or life expectancy.

20 WHAT DOES EXCHANGE TRADED FUND (ETF) MEAN? A security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold. One of the most widely known ETFs is called the Spider (SPDR), which tracks the S&P 500 index and trades under the symbol SPY.

21 PLEASE CONTACT US Please contact us if you are interested in our services or if you have any questions. Please contact our Director of Marketing, Liz Kaadou. You can reach her by calling (248) ext. 113 or by at: Connect with us via social media: In/TimothyHerbert1 Use your Smartphone to scan the mobile tag and view our website